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Central America, and Mexico. With experience working in both two-year and four-year colleges, as well as dedicated time spent volunteering in her local community, she accepted the position in 2022, and was excited to be a part of the Jack Kent Cooke Foundation again — now as a staff member.
Kevin Xu is an early-stage investor and founder of Interconnected , a bilingual newsletter covering tech, business and U.S.-Asia Mexico has been known as an up-and-coming tech hub and a gateway to the Latin American market. to emulate and localize. Contributor. Share on Twitter. Asia relations. Image Credits: Kevin Xu.
The detention center was just one point of impact in a larger ransomware attack that struck Bernalillo County , the most populous county in New Mexico, on January 5th. County employees were left unable to access any local government databases, and all public offices were temporarily closed.
The most innovative companies in agriculture for 2025 include forward-thinking businesses and nonprofits with at least one eye firmly on this future. Meanwhile, beverage giant Diageo expanded regenerative farming in Ireland for Guinnesss barley, Scotland for whisky grains, and Mexico for the agave used to produce its tequilas.
million in seed funding , Mexico City-based Higo announced today it has raised $23 million in a Series A round led by Accel. Put simply, Higo is out to transform B2B payments for SMBs (small and medium-sized businesses) in Latin America, starting with its home country. In Mexico, companies don’t get paid on time,” Corcuera said.
We allow businesses to increase user acquisition, reduce onboarding dropoff, provide 360 customer support and even sell their services, with minimum tech requirements from their end,” said co-founder and Maite Muniz , who serves as the startup’s chief product officer and is a former McKinsey consultant.
It would be impossible to tell all those stories in one blog post, but you can find them using the TechSoup Global Local Impact Map , powered by Microsoft technology. The TechSoup Global Local Impact Map is an interactive online map that lets visitors "travel" to places where technology is being harnessed for positive change.
Juan Pablo was a partner in Patagon.com and was elected “Top 50 Entrepreneur” by Business Leader Magazine. While they may attempt to connect local consumers to the world, they do not connect us with the local markets. and Canada, while the “South” is Latin America including Mexico and Brazil. trillion economy. $15
The WhatsApp payment service is also been tested in Mexico. “We We will continue to work with local partners and the Central Bank”. WhatsApp had hoped that its payments system could be used by people to pay businesses as well as transfer money to individuals. percent processing fee.
PideDirecto , a Mexico-based company, is developing a platform that enables localbusinesses in Latin America to sell directly to their consumers and deliver orders in less than 30 minutes. That is when we started PideDirecto, to enable localbusinesses to scale their direct-to-consumer sales channels,” Fawzi said. “We
Miferia , a Mexico-based business-to-business wholesale marketplace, bagged $7 million in seed funding to continue developing its curated website connecting independent retailers in Mexico with domestic brands in categories like cosmetics, food and beverage and home décor.
Kavak , the Mexican startup that’s disrupted the used car market in Mexico and Argentina, today announced its Series D of $485 million, which now values the company at $4 billion. When you’re building a business here [Latin America], you need to build several businesses because so many things are broken,” he said.
One Mexico-based VC even declared that the story was about “talent, not capital.” ” Local VCs are raving about the human capital in the region, but for some global investors, the appeal of Latin America extends beyond the talent to the general populace. . Brazil and Mexico riding the gravy train.
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.
Mexico City-based Valoreo aims to invest in, operate and scale e-commerce brands as part of its self-described mission “to bring better products at more affordable prices” to the Latin American consumer. Tech in Mexico: A confluence of Latin America, the US and Asia. The company says its model differs from that of its U.S.-based
FreshBooks has built a cloud-based accounting software platform designed to make things like invoicing, expenses, payments, payroll and financial reporting easier for small business owners and self-employed people (and their clients). The funding comes as an injection of confidence in our mission to digitally enable small businesses.”
The startup’s offering was live in Mexico and Canada and today launched in Colombia, the United Kingdom and Europe as a whole. . Thazhmon and Sherwin Gandhi founded Jeeves last year under the premise that startups have traditionally had to rely on financial infrastructure that is local and country-specific.
Manuel Rodriguez Dao, co-founder and CEO of Mexico City-based Meru.com , and co-founder Federico Moscato, learned this the hard way when they were sourcing goods for another company and faced problems, among them getting the items that were originally offered. It also has fintech partners to assist with financing.
But startups are also solving local problems. In our experience international entrepreneurs need to work on being more confident in their pitches and succinctly communicating their idea, business model, market size and what problem they are going to solve. Startups are aiming for a global, not local market.
The co-founders want to bridge the gap in technology-enabled financial services that they found in Mexico. Colyer worked for G2 after a stint at Stanford, eventually moving back to Mexico and working on a micromobility startup called Uva Scooters. What sort of tweaking was needed? Regarding the company’s $3.5
In fact, the evolution of business shares far more similarities across countries than we might expect. Investors should bring a local strategy that makes them an asset to Latin America’s startup ecosystem. This is not very different from the timeline of businesses in other markets such as the United States. investors remain shy.
McAllister describes Merqueo as a “pure-play online supermarket with a fully integrated grocery delivery service” that sources directly from large brands and local suppliers, bypassing intermediaries and “delivering directly from its dark store network.” Image Credits: Merqueo. It must be doing something right. EU or China, for example.
Demand for crypto assets and crypto-enabled financial products have soared in popularity both for individuals and businesses in the region, according to Bitso, which aims to be “the safest, most transparent, and only regulatory compliant platform” in Latin America. “The growth of the crypto ecosystem this year has been remarkable.
million Series A extension to continue its expansion across emerging markets; the company already has a presence in South Africa and Mexico. Since then, it expanded into Mexico City last November and has completed multiple data production projects in the city alongside Lima, Bangkok, Gauteng and Dhaka. Today, i t is announcing a $14.5
Valoreo , a Mexico City-based acquirer of e-commerce businesses, announced Tuesday that it has raised $50 million of equity and debt financing in a seed funding round. Another new company in the space called Branded recently launched its own roll-up business on $150 million in funding.
The company says it provides the underwriting, credit in local currency and the payment rails “for any business spend across countries and currencies.” Jeeves was founded in 2020 under the premise that startups have traditionally had to rely on financial infrastructure that is local and country-specific.
CEO and co-founder Aaron Polhamus said he, Miguel Arroyo and Jaime Rodas were driven to start Mexico City-based Vest in December 2020 because of their belief that while Latin Americans work hard for their savings, “historically their savings have not worked hard for them.”. Image Credits: Vest. Because Vest is structured as a U.S.
Fondeadora , a fintech startup based in Mexico City and building a challenger bank, has extended its Series A funding round. Gokul Rajaram and Anatol von Hahn are investing as business angels as well. As most people still rely heavily on cash in Mexico, creating a challenger bank represents a good opportunity.
With more people in Latin America getting used to making purchases digitally, the company has experienced a major surge in business over the past year. Nuvemshop has seen the number of merchants on its platform surge to nearly 80,000 across Brazil, Argentina and Mexico compared to 20,000 at the start of 2020.
Growing up in Mexico City, Pamela Valdes says she was a bullied child who was inspired by stories her parents told of other bullied individuals, such as Bill Gates, who went on to be very successful. Meanwhile, 35% of the content creators on Beek’s marketplace earn more than their local minimum wage in their first month, she says. “We
“The only things that changed were the economics and speed of business.”. Put simply, Kushki aims to help make it easier, cheaper and more secure for businesses across LatAm to send and receive/process digital payments. Specifically, it enables LatAm businesses to a ccept payments globally and receive money in their local currency.
Mexico border. Some local environmental advocates have expressed worry about what the effects would mean for development. More than 3,400 full-time SpaceX employees and contractors work at the Starbase site, according to a local impact study issued by the county last year.
SmartRyde , a Japanese online pre-booked airport transfers service platform, is a marketplace that connects travelers to local transportation operators/online travel agencies (OTAs). The company plans to expand further in major cities and tourist destinations, including Mexico, Spain, Thailand, Dominican Republic, the U.S.
Quinio , a Mexico-based company, announced today it secured $20 million in a debt-and-equity round that will be used to add more than 30 brands to its portfolio. Iker introduced us to Thrasio’s business model and we got excited,” Juan Gavito told TechCrunch. “We E-commerce is expected to grow another 30% this year, Juan Gavito said.
The startup also partners with “top local experts” to offer micro courses and live classes. Over the years, UBITS has expanded to Mexico and Peru and, in fact, it now has dual headquarters in Mexico, where its two co-founders now live. Companies can then monitor and analyze KPIs and customize their employees’ learning journey.
One day can make a difference and New Mexico State University (NMSU) can prove it! We had goals to increase total giving to the NMSU system, increase alumni giving rates, see participation of 1,000 donors, add endowments for colleges, departments and units across the system and establish communication partnerships with localbusinesses.
— Mary Ann and Christine Busy, busy, busy It was a busy week in startup and venture lands, and the fintech space was no exception. In that letter, Brown pressed the FDIC to review Tellus’s business practices “to ensure that customers are protected from financial fraud and abuse.”
We noted earlier this year that grocery delivery is a tough business to be in , given the competitiveness of the market and later-stage funding drying up for cash-intensive sectors like this one. We have now become fully gross profit positive on a group level for our localbusiness across all of our countries after 12 months of operations.
JOKR , founded by Ralf Wenzel (the same guy who founded Foodpanda, which later merged with Delivery Hero), promises delivery in 15 minutes or less, with no order minimums, and a selection of products that you might find in the local deli or convenience store. In terms of the workforce, JOKR delivery people are full-time employees.
After a consultation, a plan will be established and information can be transferred to the cloud platform, adhering to local regulations. Depending on the size of the operation and local regulations a clinic can pay anywhere from $20 to $20,000 monthly. Image Credits: HealthAtom.
That was the case with Adit Gupta’s parents, who owned a convenience store in New Jersey that began struggling due to lack of business. I’m excited to see Lula ramping up to make delivery services accessible to localbusinesses,” said Matt Cohen, managing partner of Ripple Ventures, in a written statement. Gupta said.
Many businesses like Salesforce and Microsoft are funding the planting of trees in wildfire burn scars and agricultural lands. As you can probably guess from the name, the company is focused on planting trees in deserts, specifically desert shrublands in the Alamogordo region of New Mexico. In the U.S.,
Cards have an estimated payments volume of $900 billion per year, and yet 95% of these transactions are being processed by local incumbents, asserts Pomelo. It takes over 12 months for a business to spin up a plastic or digital card for itself. incumbents. “It The company currently has about 15 employees, 11 of which are engineers.
After several failed startup attempts and nine years spent building Nuvemshop into Latin America’s answer to Shopify, the four co-founders of the company have managed to raise $30 million in venture capital funding as they look to expand their business. Wind Ventures gears up to invest in startups looking at Latin America.
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