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Argentine unicorn Despegar purchases Viajes Falabella for US$27 million

Contxto – Last month, Argentine unicorn Despegar acquired Viajes Falabella operations in Chile, Colombia, Peru, and Argentina. The purchase worth...

May 29, 2019

Finnovista releases Mexican fintech report

Contxto – Between July 2018 to May 2019, the net growth of Mexico’s fintech ecosystem grew by 18 percent, according...

May 29, 2019

AmigoCloud from Peru gets acquired for US$16 million

Contxto – Earlier this month, Essential Services Group, a telecom infrastructure corporation, formalized the acquisition of AmigoCloud for US$16 million....

May 29, 2019

RappiPay allies with Davivienda in Colombia

Contxto – While cash payments reign supreme in Latin America, the digital banking revolution continues with delivery goldmine, Rappi, and...

May 28, 2019

BBVA invites fintech startups to compete in Open Talent 2019

Contxto – BBVA is currently searching for fintech startups to assist in its disruption of the traditional banking industry as...

May 27, 2019

Huawei rolls out 5G tests in Peru

Contxto – Despite the recent legal backlash, Huawei is still planning to deploy 5G network infrastructure across various Latin American...

May 27, 2019

NotCo, the Chilean foodtech startup, partners with Grupo Pão de Açúcar in Brazil

Contxto – The Chilean startup famous for its vegan mayonnaise, NotCo, announced last week that it will partner with the...

May 27, 2019

MassChallenge research shows 90 percent of corporations are seeking to work with startups

Written by: Carolina Zepeda Contxto – The startup accelerator, MassChallenge, recently conducted a study in Mexico that brings light to...

May 26, 2019

Rappi to launch in three more Brazilian cities following SoftBank round

Contxto – Following the US$1 billion SoftBank round that increased Rappi’s valuation to around US$3.5 billion post-money, the last-mile delivery...

May 25, 2019

Funds organize first insurtech innovation contest, ITC-LAIF Awards

Written by: Carolina Zepeda Contxto – Insure Tech Connect and Latin American Insurance Fund are hosting the first edition of...

May 24, 2019