Tag: Mexico
Fintech regulations in Latin America could fuel growth or freeze out startups
Ximena Aleman Contributor Ximena Aleman is co-founder and chief business development officer at Prometeo, an open banking platform that serves Latin America. It may have entered the game later than other leading regions such as Europe and North America, but Latin America’s fintech industry is dynamic and growing fast. The…
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Omidyar-backed Spero Ventures invests in Mexico City’s Mati, a startup pitching ID-verification
Spero Ventures, the venture capital firm backed by eBay founder Pierre Omidyar, has gone to Mexico City for its latest investment, backing the identity verification technology developer Mati. Launched in San Francisco, the two co-founders Filip Victor and Amaury Soviche, decided to relocate to Mexico because of its proximity to big,…
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Hims & Hers launch Spanish language telemedicine services
Hims & Hers, the startup focused on providing access to elective treatments for things like hair loss, skin care, and erectile disfunction and online telemedicine services, is expanding its services to include a Spanish language option, the company said. After Mexico, the U.S. has the second-largest Spanish speaking population in…
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Latin America Roundup: Big rounds, big mergers and a $3.8M pandemic fund from Nubank
Despite the global panic caused by the current pandemic, startups in Latin America have continued to attract international capital. In April, Mexico’s Alphacredit, Colombia’s Frubana and Brazil’s CargoX were among those that raised particularly large rounds to support their growth during this challenging time. All three companies target markets that…
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Uber adds retail and personal package delivery services as COVID-19 reshapes its business
Uber is introducing two new types of services, the company announced this week, including Uber Direct and Uber Connect. Direct is a delivery platform for retail items, while Connect is a peer-to-peer package delivery service, for sending goods to family and friends. This marks the most aggressive foray yet for…
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Latin America Roundup: Grupo ZAP, Grow Mobility, Wavy get acquired; Credijusto adds $100M; Cornershop, iFood brace for delivery boom
Sophia Wood Contributor Sophia Wood is a Venture Partner at Magma Partners. Sophia is also the co-founder of LatAm List, an English-language Latin American tech news source. More posts by this contributor Latin America Roundup: Loft raises $175M, SoftBank invests in Mexico’s Alphacredit and Rappi pulls back Latin America Roundup:…
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