Posted inCentral America, News

Startup Selina strives to secure financing in the midst of a hospitality hurricane

[wd_hustle id=”InArticleOptin” type=”embedded”/] Contxto – As Airbnb’s IPO hangs in the balance, another hospitality startup is also being hit hard by the coronavirus’ (Covid-19) effects on global tourism. Panamanian Selina is struggling to find capital to fuel its upcoming operations and plans. Documents recovered by media outlet The Real Deal this week suggest that Selina […]

Posted inColombia, Deals, Government, Mexico, Scaleups, Startups, Technology, Venture Capital

Fintech sees consumers as stupid—it needs to give them some credit

[wd_hustle id=”InArticleOptin” type=”embedded”/] Contxto – As promised, I’ve sat myself down in front of my computer, dusted off my notes, and am now trying to make sense of what The Economist Event’s Finance Disrupted Latam actually meant. Overall, I liked it. I liked it a lot. It was interesting to see lots of players in […]

Posted inBolivia, Chile, Colombia, Deals, News, Peru, Technology, Venture Capital

Corporate VC, Krealo, acquires Chilean Multicaja’s digital unit for US$19 million

Contxto – Peru and Chile may be rivals, but that didn’t stop Peruvian VC fund Krealo from acquiring the digital business unit of Chile’s Multicaja for a whopping US$19 million. In Summary Based on the acquisition, Krealo will now oversee Multicaja’s digital unit. Included in this sub-division are support services for international payments, online top-ups, […]

Posted inGovernment, Mexico, News, Technology, Venture Capital

Mexico Aims to Boost IPOs through Tax Cuts

Written by: Alberto Sánchez Contxto – Investors seemed enthusiastic after Mexico’s Finance Minister, Carlos Urzua, announced this Tuesday a series of initiatives meant to boost the country’s underperforming GDP by stimulating capital markets activity. The first big announcement was an IPO tax cut, from the current 30% rate to a 10% on transaction proceeds, intended to […]

Posted inHow to's, Interviews, Startups, Venture Capital

How do VCs value a startup?

We spoke to Patrick Harmon about how VCs go about valuing a startup Contxto – “Always be aware of what’s going on in your industry”, said Patrick Harmon—an investment professional at Dalus Capital—when asked how founders should value their startup. For how Dalus Capital approaches this subject and what the current state of the Mexican ecosystem is […]

Posted inDeals, Mexico, Startups, Venture Capital

Are IPO’s possible? BIVA says yes!

Contxto – BIVA, the newest stock exchange in Mexico is aiming at improving the country’s capital markets, and creating a more efficient financial industry through top-notch technology. Last Monday, Maria Ariza, the exchange’s CEO spoke about BIVA’s mission at an event hosted by Mutuo, Guadalajara’s newest co-working space. The Bolsa Institucional de Valores, aka BIVA, was founded […]