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Companies in Brazil are brewing a bidding war for Linx

Contxto – A bidding war may be brewing in Brazil. Almost a week ago, fintech Stone announced it would acquire...

August 17, 2020

Stone buys Linx for ~US$1.1 billion. If who controls the hardware controls the world, will regulators allow it?

Contxto – In a 90 percent cash, 10 percent equity deal, Brazilian Stone is allegedly acquiring Linx, a software company...

August 12, 2020

Brazil’s Magazine Luiza to compete with Amazon and Mercado Libre for ad revenue

Contxto – One Brazilian company is venturing into new territory. Last Thursday (6), Magazine Luiza—a major Brazilian retailer—bought Canaltech (a...

August 10, 2020

Tarpon acquires Agrivalle to grow more sustainability to agriculture

Contxto – Enterprises working with eco-friendly products continue to attract investors. Tarpon Investimentos recently acquired a majority stake in Brazilian...

August 5, 2020

Zenvia buys Sirena to ease communication between vendors and customers on WhatsApp

Contxto – Vendors will often bend over backward to appease a potential customer. However, it’s uncomfortable if that means using...

July 28, 2020

Nubank buys US-company, launches products, and… raises Series G?

Contxto – Nubank is the world’s biggest challenger bank in the world. So, perhaps we shouldn’t be surprised that the...

July 27, 2020

Instacart in lawsuit against delivery startup Cornershop

Contxto – Grocery delivery drama coming your way.  News recently broke that San Fran’s Instacart filed a lawsuit against Chilean-Mexican,...

July 24, 2020

Liber Capital acquires Adianta to expand lending services

Contxto –  São Paulo-based fintech Liber Capital knows there’s more to lending than what it’s current operations allow. Consequently, today...

July 23, 2020

Neon plans to offer investment service to overlooked segment

Contxto – Sometimes, to launch a new product that offers insightful features means building it from scratch. Or, in fintech...

July 17, 2020

Delivery Hero doesn’t discard acquiring Rappi

Contxto – Uber has been looking to acquire startups lately. It’s still awaiting regulatory approval in Mexico to buy Chilean-Mexican...

July 16, 2020