Posted inColombia

Nubank is laying the groundwork to conquer (hearts) in Colombia

Contxto – Entrepreneurs David Vélez, Cristina Junqueira, and Edward Wible launched fintech Nubank in Brazil in 2013. But it’s only reasonable for Vélez to hope to eventually bring the company he helped create to his native Colombia. And evidence recently surfaced suggesting that it’s been quietly building towards that goal. According to local media site, […]

Posted inBrazil

Flapper to scale marketplace for private flights in more of Latin America

Contxto – While many commercial airlines around the world are filing for bankruptcy, Brazilian Flapper and its marketplace of executive chartered flights are faring well. The startup for private aviation told Contxto that after four years of operations, last June it experienced a positive income flow for R$60,000 (~US$11,000).  Flapper also reported that sales have […]

Posted inChile

Übank is bringing its fintech specialty to the US—savings for non-savers

Contxto – Chilean Übank specializes in something Latin America seriously lacks: savings. But it’s expanding beyond the region and will launch into the United States sometime next year. To that end, it reports it’s already lined up deals with two big-name institutions. Though it didn’t say exactly who these hotshots are…. The startup operates by […]