Read More1 minute read SStartup UpdatesChilean unicorn Cornershop transitions to Uber EatsbyMaría Camila DavidDecember 7, 2023 Uber, the US food ordering and delivery platform, merged the Chilean grocery delivery app Cornershop into the Uber Eats app.…
Read More1 minute read SStartup UpdatesTul evolves into a marketplace to dignify homes in LatambyLiliana SánchezNovember 10, 2023 Tul, a Colombian construction supply chain startup, has announced it will become a marketplace to connect clients with…
Read More1 minute read SStartup UpdatesKavak to cease operations in Peru and Colombia in 2024byGuadalupe IbañezNovember 8, 2023 Kavak will cease operations in Peru and Colombia in January 2024. The company will continue serving existing customers in…
Read More1 minute read SStartup UpdatesLuuna starts production expansion effortsbyMatheus ToméOctober 6, 2023 Luuna, a Mexican startup that sells mattresses, opened its first factory in Mexico to increase production from 150,000…
Read More1 minute read SStartup UpdatesColektia acquires $72M non-performing loans portfoliobyAdam James BilyeuSeptember 28, 2023 Colektia, a fintech that utilizes AI for debt collection management, has acquired a non-performing loans portfolio valued at…
Read More1 minute read SStartup UpdatesArcus gains CNBV authorization, strengthening Mastercard’s fintech portfolio in MexicobyAdam James BilyeuSeptember 22, 2023 Mexican fintech Arcus, recently acquired by Mastercard, received authorization from the National Banking and Securities Commission (CNBV) to operate as…
Read More1 minute read SStartup UpdatesStori acquires Sofipo license to expand its servicesbyMaría Camila DavidSeptember 13, 2023 Stori, a Mexican fintech specializing in credit cards, obtained approval from the National Banking and Securities Commission (CNBV)…
Read More1 minute read SStartup UpdatesYana unveils generative AI for mental health in LatAmbyGuadalupe IbañezAugust 25, 2023 Yana, a Mexican startup, announced the integration of Generative Artificial Intelligence (AI) into its platform to combat the…
Read More1 minute read SStartup UpdatesClara receives approval to operate as a payment institution in BrazilbyFelipe Osorno-GiraldoAugust 14, 2023 The Brazilian Central Bank recently authorized Clara to operate as a payment institution in Brazil. With this permission,…
Read More1 minute read SStartup UpdatesInterbank ends its alliance with RappibyAraceli DominguezAugust 11, 2023 Interbank announced to its customers the discontinuation of Rappibank credit card services, effective September 23rd. This decision marks…