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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

In that role, Natasha discovered that an organization that goes beyond the money and provides comprehensive support to its members was work that really made an impact. Central America, and Mexico. While these nonprofits function differently and serve different communities, they do have one thing in common: They go beyond money.

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[DATA] 14 Must-Know Stats About How Nonprofits Use Social Media

Nonprofit Tech for Good

To access the complete data, please take the Global NGO Technology Survey and then visit the Open Data Project Hub. 2) 53% of nonprofits spend money on social media advertising. 35%: Our organization does not believe we could raise much money on Facebook. 31%: Our organization has raised the amount of money we expected.

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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. Existing backers QED, Next Billion Ventures, and Village Global also put more money in the company. . The financing — which included $2.5

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

TechCrunch

Planet42 claims that of all the customers served so far, 89% would have had no other means of gaining access to a personal vehicle. In Mexico, that number is 7 million. The company said it has bought its first cars for clients in Mexico. After that, Planet42 buys the car and rents it out to the customer on a subscription basis.

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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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Aplazo takes in $27M to increase adoption of BNPL in Mexico

TechCrunch

Prior to Aplazo, Peña lived in New York and worked at Morgan Stanley investing in credit in Mexico, while Wieland had been launching businesses across Latin America after spending time at companies like Uber and Lime. However, credit penetration in Mexico is low, less than 10% , due to lack of trust in the banking system, he added.

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