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Posts Tagged ‘Colombia’

Lana has launched in Latin America to be the one-stop shop for gig workers financial needs

Lana, a new startup based in Madrid, is looking to be the next big thing in Latin American fintech. Founded by a serial entrepreneur Pablo Muniz, whose last business was backed by one of Spain’s largest financial services institutions, BBVA; Lana is looking to be the all-in-one financial services provider for Latin America’s gig economy ...

Colombians take to the streets in the third general strike in two weeks

The far-right Duque administration in Colombia is only fifteen months old, but its polarizing policies have brought the country to its knees, with a third general strike in just two weeks shutting down the country yesterday.

The strike's vanguard is a coalition of of student groups, trade unions, indigenous peoples' groups, and the political opposition. They ...

Brazilian unicorn Ebanx will hit $2 billion in payments processed by the end of the year

Ebanx, the newly minted Brazilian financial services unicorn, expects to process $2 billion in payments by the end of the year and is looking to expand its offerings into domestic payments as it grows. Since its launch in 2012, Ebanx has primarily focused on helping international merchants sell locally in Brazil. The Brazilian business accounts ...

The emergence of super apps in Latin America

Because of its vast population distributed in more or less similar countries regarding language, culture and religion, Latin America is an especially compelling region for the emergence of super apps. ...

Andrew Ng’s AI companies expand to Medellin, Colombia

After his tenure as Chief Scientist at Baidu, Andrew Ng, the founder of the Google Brain project and former CEO of Coursera, set up a number of different proejcts that all focus on making AI more approachable. These include the education startup Deeplearning.ai, the AI Fund startup studio for building AI companies and Landing.ai, which ...

From seed to Series A: Scaling a startup in Latin America today

It’s not easy to raise growth-stage capital in Latin America, but it’s getting easier. As startups begin to flourish in the region’s largest markets, available funding is evolving to suit the needs of these maturing companies. However, Silicon Valley-style Series A rounds in Latin America are still rare, especially outside of Brazil and Mexico. ...

Nowports raises $5.3 million to become Latin America’s digital shipping answer to Flexport

Nowports, a developer of software and services to track freight shipments from ports to destinations across Latin America, has aims to become the regional answer to Flexport’s billion-dollar digital shipping business. Almost 54 million containers are imported and exported from Latin America each year, and nearly half of them are either delayed or lost due ...

Why is Andreessen Horowitz (and everyone else) investing in Latin America now?

Investments by U.S. venture capital firms into Latin America are skyrocketing and one of the firms leading the charge into deals is none other than Silicon Valley’s Andreessen Horowitz . The firm that shook up Silicon Valley with potentially over-generous term sheets and valuations and an overarching thesis that “software is eating the world” has ...

China’s Didi kicks off expansion in Latin America with moves into Chile and Colombia

The wheels are turning on Didi Chuxing’s first major expansion in Latin America after the Chinese ride-hailing firm announced moves into Chile and Colombia to double its presence in the region. Didi said it rolled into Valparaiso, Chile’s third largest metropolis, and Colombian capital city Bogota this week. The company plans to expand beyond those ...