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Colombia’s New President Ivan Duque And Financial Inclusion
With 54 percent of the vote's worth of support under his belt against Gustavo Petro, Duque promised to transform the country's economic model and tackle inequality, as reported in Reuters.
- Region
- Latin America
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New financial instrument to make Brazilian cities more energy efficient
A new financial instrument will allow Brazil to increase its investment in urban infrastructure and make the country more energy efficient. The Financial Instruments for Brazil Energy Efficient Cities – FinBRAZEEC will catalyze resources from the private sector and climate funds to create new markets in the areas of efficient street lighting and industrial energy efficiency.
- Categories
- Energy
- Region
- Latin America
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Press release: Monsanto’s Venture Capital Arm Makes First Direct Investment in Brazil
Start-up company that created a platform to digitize the grain buying and selling chain, Grão Direto, receives investments worth R$ 2.3 million from three companies
- Categories
- Agriculture, Investing
- Region
- Latin America
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Press release: Deetken Impact makes landmark investment in Pro Mujer Mexico to scale its services for women
Pro Mujer, a mission-driven social enterprise focused on empowering women and their families in Latin America, announced today that its subsidiary, Pro Mujer Mexico SOFOM (Sociedad Financiera de Objeto Múltiple), has received $1 million USD in exchange for its issuance of preferred shares to Deetken Impact, a Canadian-based boutique asset management firm.
- Categories
- Investing
- Region
- Latin America
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Advances and lessons learned from BIM, Peru’s first mobile money wallet
BIM recently announced its plans to launch new services in the second half of 2017. It will enable customers to pay electricity, water and telephone bills, as well as have access to micro savings, loans, and microinsurance.
- Categories
- Inclusive Fintech
- Region
- Latin America
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IDB Launches Initiative to Promote Savings for Retirement in Latin America and the Caribbean
According to the IDB, most workers in Latin America and the Caribbean are not saving for retirement, which will make it difficult for them to have a good life when they reach old age, especially for low-income and independent workers.
- Region
- Latin America
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Press release: Bamboo Capital Partners exits from Mibanco, Latin America’s largest microfinance provider
Bamboo’s investment in Mibanco via its Financial Inclusion Fund I (FIF I) is Bamboo’s most significant investment to date. Following the investment, which made Bamboo the largest minority shareholder, the firm held a seat at Mibanco’s board where it provided strategic input and guidance throughout the investment period.
- Source
- Press release
- Categories
- Investing
- Region
- Latin America
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Inter-American Development Bank Publishes Report on Fintech Sandboxes
According to the IDB report, Fintech has been gaining strength throughout the Latin American and Caribbean region.
- Categories
- Inclusive Fintech
- Region
- Latin America
Parent Organization
