Team Latin America

Toluca de Lerdo in Mexico, where a list of most promising startups is dominated by fintech

Fintech in Mexico Dominates ‘Promising Startups’ Top 10

A new study naming the 10 most promising startups in Mexico includes six companies focused on payments and financial technology (fintech), highlighting the growth of digital and app-based financial solutions in one of Latin America’s most important economies.  The list also includes companies involved in real estate, automobiles, and logistics. However, it is fintech in …

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Paraguay is one of the best countries to invest in Latin America

Paraguay ‘One of Best Countries to Invest in Latin America’

Paraguay is one of the best countries to invest in Latin America in terms of the ease of launching a business and the growing opportunities available in the country, according to Inter-American Development Bank (IDB) President Mauricio Claver-Carone. “If I were a foreign company, one of my first destinations would be Paraguay, due to the …

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A photo depicting physical Bitcoins to accompany an article on the adoption as legal tender of Bitcoin in El Salvador

Bitcoin in El Salvador: Govt Loses $3M on First Day

The government of El Salvador has lost an estimated $3.1 million on its initial investment in Bitcoin within one day of the cryptocurrency becoming legal tender in the Central American country. The adoption of Bitcoin in El Salvador became law on September 7, after months of headlines and speculation since legislation to make it legal …

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A photo of skyscrapers representing Latin America business

Latin America Business: 2021 Growth Predictions Jump

In a highly positive sign for Latin America business and investment, the UN’s Economic Commission for Latin America and the Caribbean (ECLAC) has significantly raised its predictions for growth in the region during 2021, offering a strong indication of economic reactivation in the wake of the global pandemic. According to a newly released report from …

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Photo of a globe to accompany Business as usual in Latin America survey article

Survey: 40% of Companies Report Pandemic Growth

In July and August, Biz Latin Hub polled business leaders operating in Latin America to find out what ‘business as usual’ would look like after the pandemic. Among those who responded, over 40% said that they had actually grown during the crisis. Respondents included founders, CEOs, partners, managing directors, and senior managers, among others, representing …

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