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Mexico’s Largest Bank Acquires Fintech Payments Startup Openpay
BBVA Bancomer, the largest financial institution in Mexico, has acquired Openpay, a payments Fintech startup based in Mexico that enables real-time payments for individuals, small businesses, and large enterprises. The acquisition comes after a collaborative partnership between the bank and the Openpay which saw the bank benefit by increasing its range of online payments solutions.
- Categories
- Entrepreneurship, Financial Inclusion, Technology
- Region
- Latin America
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Finnovista: 2017 Will Be the Year of Fintech for Inclusion in Latin America
Cofounded by Fermin Bueno and Andres Fontao who also cofounded Startupbootcamp FinTech LATAM, Finnovisita sees itself as an impact organization that accelerates fintech entrepreneurship in Spanish speaking countries, builds bridges between startups and financial institutions and facilitates the transformation of advanced financial services and the eradication of financial exclusion. The platform is on the cusp of celebrating its fourth year boosting fintech in Latin America and Spain.
- Categories
- Financial Inclusion, Technology
- Region
- Latin America
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PepsiCo takes on Coca-Cola with Latin American water plan
PepsiCo has announced it will restore and protect a handful of watersheds in Latin American countries in which it operates, including Mexico, Brazil, Colombia and Guatemala.
- Categories
- Environment, Health Care
- Region
- Latin America
- Tags
- environment, global health, healthcare, water
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How This Latina Turned Her Aha Moment Into A Profitable, Socially Responsible Business
In 2010, when Francesca Kennedy went back to Guatemala to visit her family, she found that the lake she had been baptized in, Lake Atitlan, was deemed by NASA to be one of the world’s worst natural disasters. The blue green algae that now inhabited the once clear lake was the first spark into what would later become her mission-driven entrepreneurial career.
- Categories
- Entrepreneurship, Environment
- Region
- Latin America
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A Souvenir Smuggled Home From Cuba: A Cancer Vaccine
Zuby Malik is an unlikely candidate to violate international law. A 78-year-old mother of four with a crown of silver hair, she is a retired obstetrician-gynecologist with a penchant for order.
- Categories
- Health Care
- Region
- Latin America
- Tags
- cancer, global health, medicine, vaccine
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Pro Mujer Announces the Retirement of Co-Founder Lynne Patterson
Pro Mujer announced the retirement of its Co-Founder and Director Emerita Lynne Patterson, whose vision of a world where all women thrive gave birth to Pro Mujer 26 years ago. Since Patterson and Co-Founder Carmen Velasco joined forces in El Alto, Bolivia in 1990, the organization has grown to serve more than 250,000 women and their family members annually across five countries in Latin America, and has positioned itself as a thought leader on women’s empowerment and financial inclusion in the region.
- Categories
- Entrepreneurship
- Region
- Latin America
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Multilateral Investment Fund Supports Creation of Impact Investing Fund for Argentina, Uruguay and Paraguay
The Multilateral Investment Fund (MIF), member of the IDB Group, is supporting the creation of an Impact Investing Fund for Argentina, Uruguay and Paraguay, seeking to trigger the flow of local and international capital for investments in early stage impact companies operating in those countries. The MIF will act as anchor investor in this Fund.
- Categories
- Impact Assessment, Investing
- Region
- Latin America
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University Students in Bolivia Create Chip That Helps Detect Tuberculosis
Two Bolivian university students have created a chip for microscopes that automatically detects tuberculosis in sputum samples, a procedure that in Bolivia and other developing countries is normally done with not always accurate bacilloscopy.
- Categories
- Health Care
- Region
- Latin America
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