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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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Meet Super.mx, the Mexico City-based insurtech that raised $7.2M from VCs and unicorn CEOs

TechCrunch

Super.mx , an insurtech startup based in Mexico City, has raised $7.2 million seed round, which also saw capital from 500 Startups Mexico, Village Global, Anthemis and Broadhaven Ventures, among others. for a while before deciding to move back to Mexico, which he recognized was home to an “underinsurance problem.”.

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Ukrainian startup Zeely raises $1M for SMB growth app aimed at US, UK, Brazil, Mexico

TechCrunch

As Gen Z turns into their early-to-mid 20s, a new generation of business owners is coming online. In Mexico, for instance, 97.4% This is perhaps why, with Gen Z coming on stream, we are now seeing mobile-first startup appear to cater to this new wave of businesses. of firms in the region.

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Merging Airbnb and the traditional hotel model, Mexico City’s Casai raises $23 million to grow in Latin America

TechCrunch

With travel and tourism rising across Latin America, Casai , a startup combining Airbnb single unit rentals with hotel room amenities, has raised $23 million to expand its business across Latin America. “I wanted to define a product from a consumer angle,” said Barawid. “I wanted this to exist.”

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UPDATE: Parrot Software has $2.1 million to grow its restaurant point-of-sale and management service in Mexico

TechCrunch

The two founders of Parrot Software , Roberto Cebrián and David Villarreal, first met in high school in Monterrey, Mexico. The company is already live in more than 500 restaurants in Mexico and is used by chains including Cinnabon, Dairy Queen, Grupo Costeño and Grupo Pangea. Together they’ve poured $2.1 Investors in the U.S.

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Nelo raises $3M to grow ‘buy now, pay later’ in Mexico

TechCrunch

Enter Nelo , a startup founded by former Uber international growth team leads, which is building buy now, pay later in Mexico. With the latest capital infusion, Nelo has raised a total of $5.6 But in markets like Mexico, the percentage of cash payments for trips was very high. Stori raises $32.5M Miller said.

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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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