Buenos Aires chosen for Google environmental initiative
Google recently launched the Environmental Insights Explorer, an environmental initiative to measure the carbon emissions of a city from all possible sources. The program also measures the…
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Brazil’s scooter startup, Yellow, raises US$63M Series A
Electric scooters have been taking over the roads in the US, Europe, China, Mexico, and now, Brazil. The founders of 99, Brazil’s most successful rideshare…
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Meet the 3 Argentine startups chosen to join Endeavor
Endeavor is a global organization that seeks out high-impact entrepreneurs and helps them join an international network of investors and entrepreneurs. Three Argentine startups were…
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MercadoLibre debuts QR code payments in Brazil
For the past two months, MercadoLibre has tested QR code payments in physical stores in Argentina. Over 160,000 stores and restaurants already accept the payment…
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Argentine edtech startup selected to compete in Seedstars competition in Switzerland
Seven startups competed at Buenos Aires coworking space HIT Tecno for the chance to battle for US$1M in the international Seedstars World competition. Just one…
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Update: Walmart acquires Cornershop for US$225M
Rumors that Walmart would acquire Chilean-Mexican last-mile delivery startup, Cornershop, started this June 2018. Today, La Tercera announced that Walmart officially closed that deal for total…
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Mexico opens new registration process for fintechs
Mexico’s new fintech law made headlines in March 2018, making Mexico one of the first countries in the region to officially regulate new financial technology…
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Brazilian drone startup, Horus, raises US$2M through crowdfunding platform
In the largest round ever raised on crowdfunding platform, Eqseed, Brazilian drone agtech startup, Horus, received US$2M from over 400 participants in the round. The…
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Insurtech startup ComparaOnline acquires Colombian rival, ComparaMejor
ComparaOnline is a Chilean insurtech startup that helps customers compare insurance options through an online platform. With a strong presence in Chile and Brazil, ComparaOnline…
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MercadoLibre emits US$800M worth of bonds
MercadoLibre, Argentina’s e-commerce giant, recently announced a US$800M round of debt financing that will be open to regular consumers. These bonds will expire in 2028,…
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