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Life as an Entrepreneur in a Violent Mexico
Alejandro Avila, the 30-year-old Mexican cofounder of Espiral, a mobile wallet service that he describes as “Square meets Stripe,” is on the edge of something big. Mexicans carry more than 100 million mobile phones and only 15 percent use credit cards, making financial tech a lucrative nascent market.
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- Technology
- Region
- Latin America
- Tags
- fintech
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A Cheap, Easy Fix to Rio’s Sewage Problem
If you somehow haven’t heard, this year’s Olympics promise to be full of it. Meghan O’Leary, a member of the U.S. rowing team, told the Los Angeles Times she plans to avoid touching her face during her Olympic events, which begin this weekend. The water where Olympic rowers, sailors, and swimmers will compete still teems with hazardous levels of bacteria and viruses.
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- Environment, Health Care
- Region
- Latin America
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The rise and rise of Mexican fintech
The financial services space ticks all the right boxes entrepreneurs look for when launching a company: hard to solve problems, meaningful impact, transformational technologies, clear business models and a solid financing environment.
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- Technology
- Region
- Latin America
- Tags
- fintech, venture capital
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Bank of Jamaica issues first mobile wallet licence
THE Bank of Jamaica (BOJ) on Tuesday granted a licence to the Jamaica Co-operative Credit Union League (JCCUL) for Conec — the mobile wallet payment service that will allow delivery on a full commercial basis. The JCCUL received the BOJ’s authorisation under the Guidelines for the Electronic Retail Payment Service to offer custodian account-based payment services to the public.
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- Technology
- Region
- Latin America
- Tags
- fintech
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Samsung Pay launches in Brazil
Samsung Electronics will roll out Samsung Pay in Brazil tomorrow (19 July), the first market in South America to introduce its mobile payment service.
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- Technology
- Region
- Latin America
- Tags
- fintech
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Latin America Zika Outbreak Should ‘Burn Out’ Within 3 Years, Scientists Say
A team of British experts in disease outbreaks believes that the Zika epidemic afflicting Latin America will end within three years. They based their estimate on modeling using available data on the outbreak, which has so far involved thousands of cases of Zika-linked birth defects, mainly in Brazil.
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- Health Care
- Region
- Latin America
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ImpactAssets deploys $3.5 million to support smallholder farmers in Latin America
ImpactAssets announced today that it has deployed more than $3.5MM in support of smallholder farmers in Honduras, Costa Rica, Chile and Peru through their recently launched Global Sustainable Agriculture Note. This lower-minimum publicly offered debt security broadens investor access to grower cooperatives and agricultural enterprises.
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- Agriculture
- Region
- Latin America
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How capturing rain could save Mexico City from a water crisis
More than 10 million Mexicans lack access to safe water and its capital, Mexico City, is ranked third on the list of cities facing an extreme water crisis. But this is not because of natural water scarcity. In fact, Mexico City receives roughly five months of rain a year and is notorious for flooding.
- Categories
- Environment, Health Care
- Region
- Latin America