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Giving Trends in Mexico: Millennials and Gen Z Drive Rise in Online Giving

Nonprofit Tech for Good

1) Access to the internet in Mexico has grown very rapidly over the last decade. How has this impacted individual giving to NGOs in Mexico? When we started Fondeadora in 2011 (the first creative crowdfunding platform in Mexico, renamed to Donadora in 2016), processing online payments was very difficult.

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A Nonprofit Partnership: How One Board Member Connected Two Organizations and Boosted Both

Blue Avocado

Mary’s Pence funds women-led organizations and groups working for social change in the U.S., Central America, and Mexico. A High Achiever in Pursuit of Education The Jack Kent Cooke Foundation opens doors for low-income, high-achieving students to access a quality education. Mary’s Pence is creative in funding ESPERA.

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Minu, a Mexico City-based, pay-on-demand startup, lands a $14M Series A

TechCrunch

Many of the startups raising capital in Mexico are focused on financial inclusion, aiming to level the playing field in a country that is largely unbanked and has a burgeoning middle class. million in debt from Banco Sabadell Mexico — brings minu’s total raised since its 2019 inception to a total of $20 million. .

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South Africa’s Planet42 gets $30M for its car subscription service, Mexico expansion

TechCrunch

million in a seed round in June 2020 and followed it with $10 million in debt from emerging markets-focused venture debt fund Lendable in December. The fund doubled its participation in this recently raised debt round at $20 million, while other investors completed the rest. In Mexico, that number is 7 million.

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Early-stage Mexico fintech Aviva is making loans as easy as a video call

TechCrunch

That’s where Castro said he saw how well technology could help people access financial services that were previously out of reach. He met his co-founders David Hernandez and Amran Frey at Konfio, and, along with Israel Garcia, started Aviva , a Mexico-based fintech startup focused on bringing working capital to unserved communities.

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Nelo joins the BNPL rush, with $20M in new funding and the Mexican market in its sights

TechCrunch

Nelo , a startup founded by former Uber international growth team leads, began offering buy now, pay later services to Mexico earlier this year. The Mexico City-based company already is live with over 100 merchants, including Steve Madden and Ben & Frank. The company has hubs in Mexico City, New York City and remote employees.

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Mexico’s Kavak drives away with $700M in new funding, doubling its valuation to $8.7B

TechCrunch

Kavak , a Mexico City-based startup that operates a pre-owned car marketplace in Latin America, announced today that it has raised a massive $700 million in a Series E round that more than doubles the company’s valuation to $8.7 The startup currently has 40 logistic and reconditioning hubs in Mexico, Brazil and Argentina.

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