Napster, the music platform that provides users with the opportunity to digitally stream music and download playlists, has appointed a new LatAm vice president, Brazilian Marcio Kanamaru. Aware of its competition, the platform, which is rivalled by younger digital music giants such as Spotify and Apple Music, has recently announced that it is currently adding
Media incubator ESPACIO announces the launch of Argentina Reports, an up-and-coming English language news source for Argentina. The publication is syndicated via Google News and other platforms. Argentina Reports was launched in February 2018 and is led by Frances Jenner. Jenner has lived in England, Vietnam and Spain, and since moving to South America has
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