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Understanding Income Inequality

Beneblog: Technology Meets Society

Imagine how my mind has been blown by learning about a huge international income database that has microdata on millions of households from more than 50 countries, all harmonized to make the same kinds of analyses possible across any of these countries! Have the answers to these questions changed during recent years (2007, 2010, 2013)?

Uruguay 100
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Founded by ex-dLocal and AstroPay execs, Datanomik is bringing open banking to LatAm

TechCrunch

Cross-border payments platform dLocal is one of the most notable Latin American startups in recent history — the company became Uruguay’s first unicorn in 2020 and went public on the Nasdaq in 2021. The financing marks a16z’s first investment in Uruguay, and one of its biggest seed rounds in Latin America.

Uruguay 78
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Henry picks up cash to be a Lambda School for Latin America

TechCrunch

Internally, Henry’s remote team is 20% women, 64% men. They’re focusing on all emerging markets and don’t teach to Spanish speakers,” Borchardt said. Henry, alternatively, focuses on Spanish speakers, over 60% of its market in Latin America. The current students reflect the same breakdown.

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Nowports raises $16M to build the OS for LatAm’s shipping industry

TechCrunch

The company currently has offices in Mexico, Chile, Colombia, and Uruguay. “Slow, inefficient, and manual processes in international logistics are disassociated from today’s technological world”, said Nowports co-founder and COO Maximiliano Casal. Our 2021 goal is 400% to 600%,” de los Rios told TechCrunch.

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Foreign investors have a bigger role to play in growing Latin America’s startup ecosystem

TechCrunch

How does the Peruvian market behave compared to the United States? Latin America’s market has evolved over a very long time — as long as Silicon Valley and any other hub. Investors should look for younger markets. This is not very different from the timeline of businesses in other markets such as the United States.

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Identity security platform Oort bags new cash to grow its product

TechCrunch

The proceeds, which bring Oort’s total capital raised to $15 million, will be put toward supporting its go-to-market strategy, CEO Matt Caulfield tells TechCrunch. ” There’s no question the market for identity security startups — startups that offer products to ID and authenticate people — is red-hot.

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Marco Financial raises $82M in debt, equity seed round to support small Latin American exporters

TechCrunch

Spradling was born in Uruguay and knows firsthand about the challenges of importing and exporting from working in his family’s slaughterhouse and later founding three of his own companies. Starting during the global pandemic, Marco initially had challenges accessing the market due to exports and supply chains being strained.

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