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This USD$466 million will be distributed between Brazil and Mexico, with USD$237 million coming from Banco Citibank SA and USD$229 million from Citibanamex in local currency.
In Argentina, the startup ecosystem maintains an upward trend and its popularity has grown, offering innovative products or services. In this scenario, Morfy was born, an app with a gastronomic guide of more than 20,000 places.
Kavak, Mexican Used Car Unicorn, Announces Indefinite Suspension of Operations in Colombia and Peru from January 2024 After Market Reassessment.
AWS Community Day Mexico is a celebration of innovation in the cloud, where attendees can learn from experts, exchange ideas and learn about the latest trends in AWS technologies.
Currently, 250 entrepreneurs are benefiting from a digital incubation program aimed at helping them evolve and become startups, contributing to the creation of a solid base of projects.
Fintech Creze secures USD $5.7 million from BBVA Spark to expand loans to Mexican SMEs, bolstering economy and employment.
Mexican Startup “Tu Mejor Amigo” aims to raise USD $400k for expansion of pet care and walking services after Demo Day Success
This private equity fund starts its activity with an initial investment of USD$2.5 million, with the purpose of backing 30 companies within the fintech and blockchain sectors.
Accion Venture Lab, SP Ventures, Glocal and Amplifica Capital also participated in the round. The startup also raised an additional USD$3.5 million in debt financing from Co_Capital, Addem Capital.
With its “buy now, pay later” model, Axify not only offers an innovative solution but also promotes a more responsible and equitable financial culture.