The Puerto Rico’s Science, Technology and Research Trust (PRSTRT) has announced an investment of USD 225,000 through the follow-up fund parallel18 Ventures in four Puerto Rican and Latin American startups in return for stocks or convertible notes, as a match to private capital raised by the companies. The fund carries the name of accelerator parallel18
OKCoin, one of the world’s largest digital asset exchanges, announced today the launch of its licensed cryptocurrency exchange platform in Argentina. This is its first venture into Latin America and according to the company, it’s the first of many such launches in the region. From today onwards, cryptocurrency traders in Argentina can deposit Argentine Peso
Colombia is seeking to bring the country’s emeralds within the coveted status of appellation of origin, a status conferred to products associated with unique territories like Italy’s parma ham and Grana Padano parmesan cheese. Cognac, champagne and darjeeling all belong to this exclusive club of products that are afforded a certain “heritage status” if accepted.
In the last 12 months, the number of fintech startups in Latin America has grown from 703 to 1,166, according to the Inter-American Bank of Development (BID) study “Fintech in Latin America: Growth and Consolidation.” Just five years ago, however, fintech was a relatively unknown concept in the region. But, thanks to rapid advances in technology
According to Brazilian news outlet Portal do Bitcoin, two retail banks in the country have stepped back from the abyss and reopened the accounts of local cryptocurrency exchange, Bitcoin Max. The country’s Federal District Court has made a preliminary judgement requiring both banks – Banco do Brasil and Santander Brasil – to reopen the accounts. The court gave notice that
Entrepreneurship in Colombia has become a major driver for sustainability, job creation, and a digital transformation. Through this, the country has emerged as a leader in entrepreneurial development in the region, fostering the creation of platforms and enterprises that boost growth initiatives. Smart Capital is a platform that was created by Ruta N and Capitalia
Fledgling startup Redeemy is the solitary Colombian representative at A-tech conference in Aruba at the end of this month. The company will now have a chance to pitch to investors in the island to grow their company beyond their three-person crew in Bogotá. As with the other startups chosen, Redeemy has its ambition in improving
Latin American Leadership Academy (LALA), an educational NGO on a mission to develop the regions new generation of young ethical and innovative leaders, today announces that applications are open for their six bootcamps across Latin America. The week long immersive bootcamps will be held between December this year and February 2019 in Colombia, Ecuador, Argentina
Delivery service startup Rappi has indicated that it is likely to offer the ability for customers to buy Bitcoin on its platform. According to a local news source, whilst the sale of Bitcoin is not yet available within the Rappi App, an interested party is allowed to sign up to gain access and acquire cryptocurrency the
With the amount of geographic info available constantly increasing, data collection technology is developing at unprecedented rates. On a global scale, the Geographic Information System (GIS) market was valued $9,835.50 in 2017 and is predicted to grow by approximately 10% within the next five years. However, the team at AmigoCloud noticed that the use of