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Latitud’s Tech Report Reveals Opportunities and Trends in Latin America’s Startup Scene
Latitud is creating a suite of solutions to help address the biggest friction points for early-stage entrepreneurs starting businesses in Latin America.
- Categories
- Finance, Technology
- Region
- Latin America
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Mexican E-Commerce Aggregator Quinio Raises $40 Million in Equity and Debt
Quinio acquires, operates, and builds e-commerce brands created by local entrepreneurs that have growth potential.
- Categories
- Finance, Technology
- Region
- Latin America
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The Benefits – And Downsides – of ‘Buy Now, Pay Later’: Is it Enhancing or Hindering Financial Inclusion?
Buy now, pay later (BNPL) schemes offer consumers immediate possession of goods, which they pay for over time via (usually interest-free) installments. According to Sarah Corley at the Alliance of Digital Finance Associations and Lotte Schou Zibell at the Asian Development Bank, BNPL can expand financial inclusion and access to consumer goods in emerging economies – but by offering easier access to credit, it also presents some pitfalls. They discuss the growth of BNPL, its benefits and risks, and some key practices that can maximize its positive impacts while avoiding potential downsides.
- Categories
- Finance, Technology, Telecommunications
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Social Commerce Startup Elenas Secures $20 Million to Help More Latin America Women Sell Online
Elenas estimates that 11 million women in Latin America sell consumer items via catalogs and door-to-door sales methods.
- Categories
- Investing
- Region
- Latin America
- Tags
- e-commerce, startups
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Membership-Driven E-Commerce Platform for Essential Goods Cosmart Raises US $5 Million
Cosmart has already partnered with over 80+ principals and 500+ brands and has delivered over 100,000 products in Indonesia
- Categories
- Technology
- Region
- South Asia
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RappiPay Secures USD $112 Million to Boost Financial Inclusion
RappiPay, Colombian Banco Davivienda and Rappi’s fintech has secured USD 112 million financing in a credit to boost financial inclusion in the LATAM country.
- Region
- Latin America
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Bringing Digital Innovation to the Global Art Market: An Innovative Platform Connects International Buyers to Emerging Markets Artists
Business models across all industries are rapidly embracing digital technology. But as Srikaran Masabathula at TapArt explains, the global art market remains stuck in its centuries-old, brick-and-mortar sales and distribution model – a model that perpetuates the age-old inequities in the art world, preventing talented artists from emerging economies from selling their artwork to global art buyers. He explores how TapArt is leveraging digital innovation to address these critical shortcomings and create a vibrant connection between art lovers and artists worldwide.
- Categories
- Technology, Telecommunications
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Why Credit is Key to Unlocking Africa’s Consumer Markets and Boosting Economic Growth
Africa’s consumer market is one of the fastest-growing in the world. But as Fehintolu Olaogun at CredPal points out, this growth has primarily occurred without consumer credit, as most sub-Saharan African economies remain cash-driven at the retail level. He explains why African markets need the kind of organized credit systems that are enjoyed by consumers in more developed markets, and explores the impact that credit access can have on e-commerce, informal commerce and overall economic growth in the region.
- Categories
- Finance, Telecommunications
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