This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Xepelin is built on a SaaS model designed to give SMEs a way to organize their financial information in real time. The fintech currently has over 4,000 clients in Chile and Mexico, which currently has a growth rate “four times faster” than when Xepelin started in Chile. It has 110 employees, up from 20 a year ago.
Chile-based Migrante is working to change that. Fleischmann explained that Migrante’s lending model further differentiates itself from competitors in that it uses information about work history and income to determine the kind of vehicle they need and if they have the ability to repay the loan. “We
Few are seeing venture capital come their way in recent months, save for companies such as Una Brands and Razor , which may allude to how well Wonder Brands developed its business model. Malek explained that the model didn’t pan out, noting the company “found it challenging to identify successful digital brands in that range.”
Ranging from the rapid adoption of sustainable technologies to the welcoming of a new local creator economy, we detail the surprising changes the pandemic has brought to consumer preferences, workplace dynamics, business models and the geopolitical influence on the fast-changing tech sector. in 2021 from 2.3% in 2020 for LatAm as of August.
Leasy, a startup that offers automobile financing to ride-hailing drivers in Latin America via a subscription model, has secured $2 million in equity and $15 million in debt. Lima-based Leasy is different, said Gilardini, in that its interest rates are far lower and terms much more flexible.
Iker introduced us to Thrasio’s business model and we got excited,” Juan Gavito told TechCrunch. “We The company will kick off the new year with 10 brands representing $10 million revenue run rate. After acquisition, the Quinio team focuses on increasing sales, operations efficiency and optimizing cost structures.
Today it announced financing totalling €750 million (around $895 million at today’s rates), money that it will be using to continue expanding its business — specifically, for acquisitions; to launch in new markets in Europe, Latin America and Asia; and to build out the suite of services that it provides to businesses.
innovation economy at a vastly disproportionate rate. Governments could model these efforts on leading global public/private organizations that have supported diaspora entrepreneurs in many other ways. As a result, many of them emigrate to the U.S. Immigrants contribute to the success of the U.S. Next are VC firms looking for founders.
fulfillment rate over the past 12 months. It entered the Peruvian market late last year after acquiring local e-grocer Freshmart and has since announced the opening of its first physical store in Lima to offer a hybrid grocery model. Mainly grocery stores are focusing on infrastructure, and Jüsto is pursuing that also.”.
The potential of AI tools like ChatGPT creates a similar dilemma — should companies license large language models without modifications, or customize them and pay much higher usage rates? Walter Thompson Editorial Manager, TechCrunch+ @yourprotagonist When it comes to large language models, should you build or buy?
In particular, the company will be focusing on acquiring new customers and product listings as well as expanding to other countries such as Mexico, Argentina, Colombia and Chile “through a combination of M&A and greenfield operations,” according to Dagnoni. So what exactly has driven so much growth for Mercado Bitcoin?
As part of Google's Crisis Response and our efforts to address the climate crisis , we are using machine learning (ML) models for Flood Forecasting to alert people in areas that are impacted before disaster strikes. Frederik Kratzert (Research Scientist at Google) provided an overview of the Caravan project (below).
Payflow says the model has won it friends in works councils and labor unions. ” Among users it notes a high uptake — with a 40% download rate on average, and rates as high as 90% for some of its clients — which it claims is 5-10x higher than other on-demand salary platforms and other social benefits. .
This is important because as Alex noted last year, similar to other players in the API-space, Belvo charges for each API call that its customers use (in this sense, it has a model similar to Twilio’s). . Image Credits: Co-founders and co-CEOs Oriol Tintore and Pablo Viguera / Belvo. Belvo currently operates in Mexico, Colombia and Brazil. .
is getting older and the birth rate is declining; as such, we will increasingly need to look to immigration to keep our economy going. For example, he said companies that have just-in-time delivery models are very brittle and prone to break down compared to those that have built-in slack into their system. The population in the U.S.
Founded in mid-2019, Mudafy operates with a typical digital brokerage model — aiming to make it easier for people to buy and sell their homes and serve as a “one-stop shop” in the process. Today, he says Mudafy is operating at a run rate of “over 2x” of what it did in 2021. When it sells a property, it charges a fee.
Uils analyzes their history using a machine learning model to determine whether they qualify for a “micro” or consumer loan, considering various factors. The interest rates range from 0% for the micro loans (for a weekly subscription of $1 to $2) to 145% for the consumer loans.
One of its early customers is Babytuto , a parent and baby product retailer in Chile that initially worked with the company for Cyber Monday. Topsort has gained most of its customers in the past four months, and some of them are already bringing in $1 million to $15 billion in gross merchandise value.
We organize all of the trending information in your field so you don't have to. Join 12,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content