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From BBVA Spark’s €20M deal with Payflow to Starlink’s expansion in Latin America and new insurance against cartel violence, this Tuesday’s Fast Track News covers the key updates in finance, tech, and more in the LATAM region.
The violence generated by cartels in LATAM has increased the demand for insurance to cover incidents caused by these criminal groups.
From Fondo Córdoba selecting six startups for investment to Fretadão securing $10M, all the way to financial inclusion for migrants. Latin America is a hotbed of technological and social innovation.
The degree of notoriety in classes 35 and 36 obtained by Habi is a category granted by the SIC to trademarks that have demonstrated a high presence and coverage in a specific economic sector.
CAF opens its fourth call for LIF 2023 to finance fintech startups focused on the financial inclusion of migrants and their MSMEs in Latin America and the Caribbean.
This milestone not only accelerates the investment and financing process for the Sanâh Tulum project, but also sets a precedent for the future of real estate transactions in the country.
From the robust fundraising of Databits and CleanLight to the financial innovations by Paymentology and Nelo, Latin America is a hotbed of activity in data science, sustainable energy, and payment solutions. As nearshoring attracts venture capital investment, startups face challenges and opportunities in a dynamic landscape.
Highlights include Kunzapp’s $750K investment round, Konfío’s strategic shift, ALLVP’s role in venture capital, Ebanx’s upcoming Payments Summit, and Startups Latam Week in Mexico City.
Kunzapp, led by Laura del Castillo and backed by Platanus Ventures, Fen Ventures, and Daedalus, has closed a investment round to optimize enterprise software management.
Konfío, a leading player in Mexican fintech, announces the closure of Gestionix, its ERP software subsidiary. The move aims to strengthen its offering of financial services to SMEs in a rapidly expanding fintech market.