TechCrunch

APRIL 27, 2022

The network was designed to connect separate legacy systems through blockchain concepts and APIs “to simplify the movement of complex money flows.”. This in turn enables them to collect, send or exchange money in real time without the need for reconciliation and with almost no cost,” Rozic told TechCrunch. “The Image Credits: Minka.

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The Verge

JUNE 24, 2020

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. “Our

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TechCrunch

JULY 15, 2022

The startup, which offers credit cards to underserved populations in Mexico, told TechCrunch it has raised an additional $50 million in equity at a $1.2 Stori launched its credit card product in Mexico in January 2020. million customers in Mexico, which it claims is up “over 3x” from the prior year. Enter Stori.

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TechCrunch

OCTOBER 19, 2021

Earlier this month, Citibanamex — Mexico’s second-largest bank — announced that it is building new APIs to allow fintech companies real-time access to information like its services and ATM locations. The move comes as Mexico’s fintech ecosystem flourishes so fiercely that traditional banks have to embrace them or risk lagging behind.

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TechCrunch

JULY 21, 2021

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

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The Next Web

OCTOBER 15, 2012

But startups are also solving local problems. Startups are aiming for a global, not local market. It was surprising many startups are aiming for a global, not local market. In Rio we stayed with the founders of Resolveai, an Uber clone.

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TechCrunch

AUGUST 30, 2021

VCs have more money than ever, and it’s getting increasingly expensive to invest in North America. These incoming investors must bring more than money to ensure that entrepreneurship continues to grow in a healthy manner, rather than set it off balance. However, much of this investment comes from local and regional investors.

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TechCrunch

APRIL 7, 2021

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. It took me six months to buy the car, and then the car had legal and mechanical issues and I lost most of my money,” he said.

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Brazil Mexico Argentina Raise 97

TechCrunch

JUNE 25, 2021

Like other financial sectors in Latin America, the retail investing space is getting a facelift by local tech startups that are cashing in on the untapped potential for democratizing asset management in the region. It has been growing exponentially ever since and today it serves 57,000 clients in Chile and Mexico. Annual Growth.

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Chile Management Mexico Peru 93

TechCrunch

SEPTEMBER 2, 2021

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.

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Colombia Raise Mexico Europe 133

TechCrunch

MARCH 15, 2021

Fondeadora , a fintech startup based in Mexico City and building a challenger bank, has extended its Series A funding round. Google’s Gradient Ventures, an existing investor in the company, is putting more money in Fondeadora. As most people still rely heavily on cash in Mexico, creating a challenger bank represents a good opportunity.

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TechCrunch

AUGUST 24, 2021

Firms such as SoftBank, Tiger Global Management, Tencent, Accel, Ribbit Capital and QED Investors are pouring money into LatAm. One Mexico-based VC even declared that the story was about “talent, not capital.” Brazil and Mexico riding the gravy train. Some are even seeing more opportunity than in the U.S.

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TechCrunch

MARCH 10, 2021

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

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TechCrunch

JUNE 1, 2021

Unlike many other fintechs in Latam that are out to help the unbanked, Kushki works behind the scenes building the tech infrastructure that companies like Nubank use to transfer money. We realized there was a gigantic opportunity to democratize and create infrastructure to move money,” Schwarzkopf told TechCrunch. “We

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TechCrunch

FEBRUARY 2, 2023

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. The company went on to raise pre-seed and seed money from investors such as Greylock and Accel. It worked, up to a point.

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TechCrunch

APRIL 8, 2022

Propel Venture Partners and Accel led the investment for Truora, which valued the company at $75 million post-money. . The company has offices in Colombia, Mexico, Brazil, Chile, Peru and San Francisco. While its headquarters are located in Cali, Colombia, Muniz said Truora’s new main focus, or highest growing office, is Mexico City.

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TechCrunch

FEBRUARY 25, 2021

In Mexico in particular, cash remains the dominant method of payment with an estimated 86% of all payments being in the form of cash. According to one recent study , Mexico topped the list of the world’s fastest growing e-commerce markets. And for the founders of Mexico City-based startup Stori , they spell opportunity.

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TechCrunch

FEBRUARY 16, 2021

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. There are still many consumers that are not aware of the great variety of outstanding local brands that sell innovative products on marketplaces online,” Stefan Florea said. “In

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TechCrunch

JUNE 2, 2021

A high-profile group of angel investors also put money in the round, including NFL wide receiver Larry Fitzgerald and the founders of five LatAm unicorns — Nubank CEO David Velez, Kavak CEO Carlos Garcia, Rappi co-founder Sebastian Mejia, Bitso CEO Daniel Vogel and Loft CEO Florian Hagenbuch.

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TechCrunch

JANUARY 26, 2022

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.”. It is valued at $22 million, post-money. “We

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TechCrunch

JUNE 7, 2022

The startup had raised $86 million in the first tranche of the financing in June of 2021 at a post-money valuation of $600 million. Since then, we have just gotten more ambitious and continued to grow so we needed more money to fuel more growth,” Schwarzkopf said in an interview with TechCrunch. Europe, APAC and Brazil.

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TechCrunch

MARCH 22, 2021

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. Nuvemshop currently operates in Mexico, Brazil and Argentina. This requires an on the ground local knowledge to make it all work. The proof is in the numbers.

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TechCrunch

APRIL 19, 2023

Interestingly, no money is exchanged between members, who pay Kindred a fee to have the ability to allow someone to stay in their home and vice versa. In return, she hosted over 80 nights in her Mexico City home while she was out. Kindred is building a members-only network to allow people to essentially exchange homes.

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Connection Cafe

OCTOBER 26, 2017

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 local businesses.

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New Mexico Mexico Story Mail 42

TechCrunch

JULY 6, 2021

As Ravikant puts it, “founders want to know that the people they are taking money from have first-hand experience.” . However, most of them tend to go alone and are stuck with cutting checks in their local markets, which limits opportunities. Fund of micro funds but more than money. Some MAGIC portfolio companies.

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Fund Global Raise Africa 130

TechCrunch

OCTOBER 13, 2020

Operating as Nuvemshop in Brazil and Tiendanube in the rest of the region, the company has offices in São Paulo, Buenos Aires and Mexico City, with plans to expand into Colombia and Peru in 2021. Wind Ventures gears up to invest in startups looking at Latin America.

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TechCrunch

OCTOBER 6, 2021

million in Series A funding to continue developing its app that takes grocery orders through local social networks. Favo enables under-employed entrepreneurs to create new income streams through steady sales commissions from their own local network. It also doesn’t cost entrepreneurs any money to work with Favo.

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TechCrunch

AUGUST 2, 2022

The startup — also backed by Y Combinator — touts that its site features over 50,000 listings and has more than 1 million monthly unique active users in Argentina and Mexico. With its new capital, Mudafy’s immediate priority is to expand to more cities in Mexico, a market it entered in 2020. Image Credits: Mudafy.

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TechCrunch

OCTOBER 5, 2021

Historically, Brazil and increasingly as of late Mexico, have received the bulk of venture dollars from venture investors. Interestingly, a group of founders from unicorns such as Rappi, Kavak, Konfio, GBM, Ualá and Brex also put money in the round. Why global investors are flocking to back Latin American startups.

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Chile Management Platform Peru 86

TechCrunch

MAY 7, 2023

clients “have some sort of global operations.” “Now, if you use Brex, you can actually operate as if you were a local company with a local card.” We will continue to put out features that make it easier to not only save money and maximize value, but also to reduce the mental load of managing multiple insurance policies.

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Brazil Raise South Africa Local 116

TechCrunch

MAY 12, 2021

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. While the majority of transactions are still done in cash, there are still over a billion cards in the region. The company currently has about 15 employees, 11 of which are engineers.

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TechCrunch

FEBRUARY 2, 2021

from Mexico during the Mexican Revolution, the other harkens back to rural Oklahoma. Follow the money. These same founders still built household name companies in the tech and innovation economy, including the likes of Mailchimp, Calendly, Lynda.com, and GoFundMe (their Series A valued them at $600 million pre-money).

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TechCrunch

AUGUST 14, 2022

On August 8, Mexico City–based expense management startup Clara announced it had been approved for financing from Goldman Sachs for up to $150 million. The company says it’s currently working with over 5,000 businesses across Mexico, Brazil and Colombia with ambitions to double that number by year’s end.

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TechCrunch

JUNE 29, 2021

billion, money that it will be using to back early-stage startups, as well as growth rounds for more mature companies. The announcement underscores both the robust confidence investors continue to have for backing startups in the tech sector and the amount of money available to startups these days.

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The Verge

FEBRUARY 12, 2022

But now, Mexico’s Indigenous and Afro-Mexican communities are being sold a solution — or, at least, something that looks like one. To fight back against the plagiarism and dispossession of Indigenous art, Mexico has approved a law meant to protect and safeguard the cultural heritage of Indigenous and Afro-Mexican peoples and communities.

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Culture Mexico Law Community 86

sgEngage

MARCH 17, 2022

When smaller, place-based foundations collaborate and align their work, they provide unique value to local communities and nonprofits. Their donors, staff, and board members have extensive knowledge of local needs and organizations, and they also have relationships with local leaders in business, government, and education.

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Collaboration Foundation Philanthropy Local 98

Have Fun - Do Good

NOVEMBER 8, 2007

You can buy beautiful, handmade gifts made by artisans from companies and organizations like World of Good , Be Sweet , Global Girlfriend , The Amber Chand Collection and New Mexico Creates. Buy Books from Your Local, Independent Bookstore. Di's Book Blog recommends using the BookSense web site to find independent bookstores near you.

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Gift Giving Kiva New Mexico 67