Augmented reality is fast becoming a mainstream technology as companies are steadily incorporating it into various areas such as medical tech, communication, and education. AR companies seek companies which can lower their costs by sharing the burden of development. A tech startup based in California and Cali, Colombia called Augmented Island Studios has been stepping
One of South America’s most reputable cryptocurrency trading platforms in South America has been blindsided by a decision by Colombian banks to freeze funds into the exchange. Colombian banks Bancolombia, BBVA and Davivenda spontaneously decided to close customers’ accounts on Buda last week in a move the company has labelled as spontaneous and without warning.
Zonamerica, the Uruguay-based expert in corporate environment design and office space is all set to begin its second corporate park in Cali, Colombia. The new campus, which will specialize in global services, is deemed to be new age and with a strong innovation and technology focus. The project, which is in its first stage, will
Walking through the industrial district of Itagui in Medellín, you’d never imagine that behind the doors PSL’s new office spaces lies a modern, extravagant office bedecked with designer furniture, obligatory plant walls and tucked-away nap rooms. A stone’s throw from the Envigado metro station, PSL are one of the first tech companies that ventured into
Brazil now has the largest fintech ecosystem in Latin America with 377 startups, according to Mexico-based fintech accelerator Finnovista. Thanks to growth in sectors such as digital banking, trending & capital markets and lending & insurance, unprecedented numbers of new fintech startups have launched in Brazil over the last 18 months, reaching 188 in total.
Walmart has announced that Brazilian private equity fund Advent International has agreed to invest in a majority stake, about 80%, in Walmart Brazil. While Walmart´s press release cites the reason for the deal is to “strengthen the business and position it for long-term success”, many are viewing the move as part of Walmart’s cleansing away
At El Lab coworking space, many are glued to the projector screen as Colombia come from 2 goals behind to win 3-2 against the French. It’s full-time in France and a series of clocks show the time in London, Hong Kong, Los Angeles and Cali. The message is loud and clear: in Cali, it’s time
2018 is well on it’s way to being an extremely successful year for Brazilian startups, with more global expansion predicted than ever. Created in Brazil in 2012, cross-border payment processing startup EBANX is among the lucky group of growing fintech startups, offering end-to-end payment solutions across the entire cross-border e-commerce transaction flow. Having recently raised $30 million
Espacio Incubator has announced the launch of ActitudFem, a publication dedicated to women, offering the best content for the different interests of women. By launching ActitudFem, Espacio aims to offer a site completely dedicated to the female community, generating valuable content, such as day to day tips and much more for women. Whether it is
Signals given by the Chilean government are boosting the confidence of SMEs as shown by the latest monthly SME Perception and Expectations Index (IPEP) of the SMEs Barometer carried out by AVLA. The perception of SMEs regarding their present and future has changed. According to the report, 84% in this segment feels that Chile is