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Fintech South America Startups

First batch of Brazilian startups selected for Google Launchpad Accelerator Programme

The first group of startups have been selected to receive support from multinational tech company Google via the Brazilian version of their digital entrepreneurship accelerator programme. The programme, known as Launchpad Accelerator, helps build up startups with equity-free financial support, mentorship and guidance from Google and Silicon Valley experts, along with two weeks of training at Google HQ

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South America Startups

Best Peruvian startups to compete at Seedstars World 2018 event

An open call has been put out for the best startups in all of Peru: the esteemed Seedstars World Tour is coming soon to Lima to find entrepreneurs and groups with the most innovative ideas in tech and business. Seedstars will have its regional conference take place May 31 in Lima’s UTEC campus for its startup competition. A group

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South America

Tianqi Lithium buys 25% stake in world’s largest lithium producer

Tianqi Lithium, the Chinese leading global supplier of lithium products, is acquiring a 25% stake in Chile’s lithium firm, Sociedad Química y Minera de Chile (SQM). The amount totals $4.07 billion and, according to reports, Tianqi Lithium will buy 62,556,568 ‘A shares’ of SQM for $65 per share in cash, which had been earlier held

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South America

M&A landscape uncertain in turbulent election season

South America’s richness in natural resources such as gas and oil, as well as its thriving legal mining industries, keeps it an attractive destination for foreign investment. According to studies carried out by Deloitte, countries that received the highest levels of investment in 2017-18 were Brazil, Mexico and Chile. Despite the fact that at the

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South America

Crehana: The Peruvian startup turning creativity into a career

Creativity is an incredible talent which can be recognized throughout mankind all over the world. No matter where you are from or what you know, everyone has the ability to exhibit some level of creativity in one form or another. Many large organizations know this, which has led to huge hit campaigns which encourage consumers

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Fintech South America Startups

Puerto Rico Science Trust and Parallel18 Ventures Coinvest in Startups Quiena and Abartys Health

Puerto Rico’s Science, Technology and Research Trust (PRSTRT) is set to invest US$225,000 through the follow-up fund Parallel18 Ventures to go towards insuretech startup, Abartys Health, and fintech startup, Quiena. The investment will be in exchange for stocks or convertible notes, as a match to private capital raised by the companies. The fund, which is

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South America Startups

Could 2018 see highest levels of global expansion to date for Brazil tech startups?

Analysts have noted that unprecedented numbers of startups in Brazil are beginning to look at expanding beyond their country’s borders this year. As a general rule, startups in Brazil have historically found growing within their own borders enough of a task, given the 210 million-strong population, let alone abroad. As a result, Brazilian startups have

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Regions South America

iNNpulsa Colombia and Fulbright Offer Masters in Innovation Scholarship

An alliance between iNNpulsa Colombia and the Fulbright program of the US government has started the scholarship ‘Route of Innovation’, which is currently open till May 15. The scholarship will give 16 professionals the opportunity for a Master’s degree in innovation at the best universities in the US. The program, which has an investment of

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Fintech South America Startups

Brazilian fintech startup Neon Pagamentos partners with Banco Votorantim after lender bank goes into liquidation

Brazilian cryptocurrency startup Neon Pagamentos SA announces it will be forming a “strategic partnership” with Banco Votorantim, Brazil’s seventh largest bank. The announcement that Banco Votorantim will now take care of Neon Pagamento accounts, which are linked to small-scale lender Banco Neon, came this Monday, 7th May. According to a joint statement by both companies,

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Central America and Caribbean Fintech Mexico South America Startups

Visa’s Everywhere Initiative 2018 in Latin America

Visa’s Everywhere Initiative has been doing the rounds of the world, tasking startups to solve payments and commerce challenges of tomorrow. The initiative is a global innovation program that can enhance their own product propositions and provide visionary solutions for Visa’s vast network of partners.   Currently, it is scouring Latin America, looking for the

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