1In Latin America, approximately 70% of the population is unbanked. In Colombia, only 38% of adults over the age of 15 have a bank account, according to the World Bank. There is a significant portion of the population in Colombia that is not part of the traditional banking system, leaving a great deal of opportunity for fintech startups. Colombia
Venezuelan Minister of Petroleum Manuel Quevedo stated on Wednesday that Venezuela will present it’s national cryptocurrency – the Petro – to the Organization of the Petroleum Exporting Countries (OPEC) as a unit of account for the trading of crude oil in 2019. The move was announced via the twitter account of the state oil company, PDVSA. It’s
Venezuela continue to progress with their plan towards greater integration of the World’s first state backed cryptocurrency – the Petro. As per an announcement made on Twitter earlier this week originating from the Venezuelan Economy Department, the digital currency is now listed on 6 cryptocurrency exchanges. Included in the tweet is an infographic which clarifies the process
Around the world, Argentina is famous for its vibrant love for tango. While the country might exhibit an unparalleled energy for tango, the same can not be said for the energy of its economy. For the longest time, the South American country has battled with an unstable economy and a volatile peso. The country was
The ESPACIO Media Incubator announced that its native advertising service, Originals Plus, will offer a special 25% discount for any startups taking part in an accelerator program. The sponsored content packages start at as low as US $199 per month. Originals Plus offers high quality, low-cost native advertising for startups. As part of the Originals
The Peru Venture Capital Conference (PVCC), the country’s largest entrepreneurial capital event, is now underway at the Lima Convention Center. This year’s iteration has attracted more than 800 attendees, connecting all of the most important players involved in Peru’s up-and-coming startup ecosystem with local and international investors. Organized by the Inter-American Development Bank’s Multilateral Investment Fund, the Universidad
A Mexican social enterprise is pioneering a support network for youths that have been deported from the United States. The group Hola Code aims to support predominantly younger deportees that have had to leave America and the schooling system they are accustomed to along with families and friends, for their new homes in a country
In Chile, Microsoft-backed Imagine Lab is an incubator and accelerator that not only provides mentorship and connects startups with corporations, but also teaches school kids to innovate and become entrepreneurs. Imagine Lab is present in Chile and Argentina and works to develop, transform and strengthen innovative technology-based ventures throughout the region. In four years Imagine Lab has obtained
From June 24-25 Malaga will host the Horasis India Meeting where 300 visionaries in business, politics, and academia will discuss jointly inspiring India’s future and economy. Malac, aka La Diosa Noctiluca, Phoenician Goddess of Fertility Ever since it was founded by the Phoenicians in 770 BC under the name Malaka, the ancient city of Malaga has been a flourishing