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Invasive ‘Devil Fish’ Plague Mexico’s Waters. Can’t Beat ‘Em? Eat ‘Em
Also known as suckermouths, the species is popular with aquarium owners because the fish eats the algae that pollute tanks. But in the wild, that same behavior erodes shorelines and devastates underwater plant life.
A Mexican social enterprise called Acari is trying to do something about it — by creating a taste for these aquatic terrors.- Categories
- Environment
- Region
- Latin America
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Grupo Financiero Santander México Launches “Tuiio” A Financial Inclusion Program For Low Income Individuals
"Tuiio", which will have its own operating model, infrastructure and brand, is a robust financial inclusion program that will leverage technology to support the needs of Mexico's low-income segment. It aims to generate measurable social impact through productive micro-lending, a digital savings account, its own branch network, staff, ATMs, point-of-sale terminals and electronic banking.
- Categories
- Finance
- Region
- Latin America
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Mexico readies bill to regulate fast-growing fintech industry
The new measures will allow Mexico to join a small list of countries, including the United States and Britain, that have sought to regulate fintech firms.
- Categories
- Finance
- Region
- Latin America
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Chilean startup ComparaOnline raises $14 million for its financial education tools for Latin America
The company, now backed by private equity firm Bamboo Capital Partners and the International Finance Corp., the investment arm of the World Bank Group, pitches financial educational tools to consumers in Brazil, Chile, and Colombia.
- Region
- Latin America
- Tags
- fintech, venture capital
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Solar & Renewable Energy Pioneer Kingo Announces $8.0 Million Series B Financing Round
Kingo, through its innovative prepaid solar energy service, turns lives ON for off-grid households at the bottom of the economic pyramid (BoP).
- Categories
- Energy, Environment, Investing
- Region
- Latin America
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Study finds microfinance can help, even if goals aren’t met
"We can't just think about what the projects are doing for people but should also examine what people do for projects," Beck said. "We need to look at how policies get transformed on the ground."
- Categories
- Uncategorized
- Region
- Latin America
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One Million Colombians Entered the Formal Financial System for the First Time in 2016
Of those who were added to that total last year, more than half were women and more than 70% were between the ages of 18 and 40.
- Categories
- Uncategorized
- Region
- Latin America
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Inter-American Development Bank Grants Colombia $450 Million USD Loan for Financial System Reforms
According to the IDB, the proposed reforms will aim to solidify macroeconomic stability, boost development, encourage public/private partnership financing, strengthen regulation of the financial system, promote financial inclusion, and heighten the country’s ability to monitor progress in these areas.
- Categories
- Uncategorized
- Region
- Latin America
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