Jaime Matus

Venture Capital Mx: Pide Directo Thanks to Ronni Samir for sharing the inception story of PideDirecto and its journey to now serving over 5,000 clients across LATAM. PideDirecto began as a simple restaurant ordering app but quickly evolved into a comprehensive platform offering e-commerce, logistics, payment terminals, POS systems, and analytics. To better serve diverse clients, Pide Directo focused on digital services, leading to the launch of AmbitOne, which integrates both online and offline solutions. After acquiring Habitue in Uruguay and Ambit Technology in Mexico, AmbitOne became the holding company, uniting all three under one vision. AmbitOne is a one-stop solution that empowers consumer businesses across Latin America with a comprehensive suite of tools for thriving in the digital era. (Full Article in the Comments) #startups #venturecapital #mexico

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Make original mistakes! As a startup CEO, you make countless decisions every day, and while it's okay to slip up sometimes, there are critical decisions you need to get right. Ideally, you learn from others and ensure the mistakes you make are unique. In our latest piece, my friend Jorge Heraud, founder and former CEO of Blue River Technology, shares the original mistakes he made on his path to building one of the coolest companies I've ever invested in. From navigating concentrated buyer power to managing acquisition negotiations, Jorge reveals the lessons he learned and why developing expertise early on is essential. Read his story here: https://bit.ly/3V08V7m

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Great discussion with Arnoldo, Omar, and Israel about the state of the fintech market in Latin America today. We talked regulation, investing, macroeconomics, and crypto, for a snapshot of where things are and where they're headed. A few takeaways... We are still in the first chapter of fintech in LatAm. The region's predominantly young population, high smartphone penetration, and lack of access to financial services make it an exciting place to be building. There are still fundamental problems that need to be solved, and we are only getting started. Regulation: it's complicated, but there's hope. Each country varies when it comes to regulation, with Brazil leading the way in terms of progress. A combination of success cases, like PIX, as well as more dialogue between fintechs and regulators, should make way for better regulatory frameworks in other major markets. Cross-border payments represent a massive opportunity - for both consumers (i.e. remittances, p2p payments) and businesses. International payments as well as intra-LatAm payments continue to be a major pain, but many fintechs are starting to solve this problem. Technologies like crypto are playing an important role here, and we expect to see sustained innovations in the coming years. Excited to see what the next few years bring! QED Investors #fintech #latam #crossborder #regulation

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If Latin America runs on WhatsApp, it’s fair to say Peru runs on Yape... Raimundo Morales is the CEO of Yape, the dominant fintech app in Peru and one of the biggest consumer fintechs in the world. For context, Yape has 16 million users in Peru, which represents 80% of the country’s total population. 65% of the country's adult population uses the app EVERY DAY. On average, they process 550+ million payments a month and are doubling in volume YoY. In this Fintech Leaders episode, we discuss: - The strategy that led them to onboard 65% of Peru’s adult population as daily active users in just eight years   - Yape was built within Credicorp (NYSE: BAP), a $14Bn company traded on the NYSE. How were they able to build a fintech disruptor within a large corporation?   - The road to building a super-app   - Why you should always set irrational goals; winning the war on cash… and a lot more! https://bit.ly/3XsISXy Special thanks to Gianfranco Ferrari, Francesca Raffo, and Milagros Cigueñas!

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Venture Capital Mx - Aviva Only 33% of adults in the country have access to formal credit, leaving an estimated 61 million Mexicans without this essential financial service. David Hernández, Filiberto Castro, Amran Frey, and Israel Garcia realized that a different approach was needed to address the challenges faced by the underbanked population, especially those outside of major metropolitan areas. Enter Aviva. Aviva is looking to change things by leveraging new technology to bridge the gap between online and traditional banking creating a "phygital approach" (blending both digital and physical experiences). Also special thank you to Sara Hayden Van Velkinburgh for helping put this together. (Full Venture Capital Mx feature link in the comments) #startups #venturecapital #mexico

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Agencia Córdoba Innovar y Emprender Partners with shipshape.vc to Boost Economic Development and Inward Investment Córdoba, Argentina - 11th November 2024 Agencia Córdoba Innovar y Emprender today announced a strategic partnership with shipshape.vc to enhance economic growth initiatives in the Province of Córdoba. This collaboration will support promising local companies while attracting international businesses looking to expand into Latin America. The partnership leverages shipshape.vc's intelligence capabilities to: - Identify high-potential local businesses for targeted support and investment - Connect international companies with expansion opportunities in Córdoba that want to access the Latin American market - Provide valuable insights to inform economic development strategies Gonzalo Valenci Executive Director at Agencia Córdoba Innovar y Emprender, said about the partnership: "By joining forces with shipshape.vc, we're taking a significant step towards fostering a thriving business ecosystem in Córdoba. This collaboration will help us make data-driven decisions to support local entrepreneurs and attract foreign emerging technology companies, ultimately creating jobs and driving economic growth. Córdoba is at the heart of a new Argentina that is open for business.” Daniel Sawko, CEO at shipshape.vc, added: "We're excited to apply shipshape.vc to support Córdoba's and Argentina's mission to bring prosperity back. We will provide insights into local technology companies planning to grow, and global market trends, enabling more targeted and effective Inward Investment and Economic Development initiatives.” Key Benefits of the Partnership: For Local Businesses: - Increased visibility to potential investors and partners - Access to tailored resources and support programs For International Companies: - Streamlined market entry process - Insights into local and Latin American business environment and opportunities For Córdoba: Enhanced ability to attract foreign direct investment More effective allocation of Economic Development capacity About Agencia Córdoba Innovar y Emprender: The regional administrative agency responsible for promoting Economic Development in the innovation economy in Córdoba. About shipshape.vc shipshape.vc is a free to use investment search engine that provides Economic Development Organisations with intelligence on local and international technology companies that are planning to grow. Companies that have used the search engine have already raised over $1.5bn and data is used by public and private organisations across the world to facilitate Inward Investment and Local Economic Development. For more information, please contact: Gonzalo Valenci Executive Director Córdoba Agency for Innovation Daniel Sawko CEO and co-founder shipshape.vc #economicdevelopment #inwardinvestment #fdi #startups #fundraising #founders #venturecapital #investors #vc

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Are you looking to grow your fintech and make an impact? The Laboratory of Financial Inclusion (LIF) 2024, in partnership with Seedstars and CAF -banco de desarrollo de América Latina y el Caribe- is here to help you move forward. The 8 selected startups will gain access to a tailored program, including: ✅ A customized acceleration program with Seedstars (Jan - May 2025) ✅ Investment readiness and matchmaking with Endeavor Colombia (May - Nov 2025) ✅ Impact measurement guidance with Agile Impacts ✅ $25,000 in Google Cloud credits + tech support from Google for Startups This is a unique opportunity to connect with the fintech ecosystem, gain visibility, and prepare your startup for future investment and partnerships. Apply now: https://seedsta.rs/lif2024 ⏳ Deadline: October 27, 2024 Don’t miss your chance to contribute to financial inclusion across LATAM and the Caribbean! #AI #Fintech #LIF2024 #StartupsLATAM #FinancialInclusion

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One more day for 🇨🇴 Colombian pre-series A startups to apply! We have had several hundred applications already and have a good mix of more established startups as well as pre-launch or newly launched companies. Our goal is to highlight and celebrate 100 very promising bootstrapped, pre-seed, and seed stage startups to raise their visibility among LatAm and US based investors and potential employees. Colombia is a hot bed of entrepreneurial talent and we want to share these companies with the world. Colombian founders based in the US and outside are also eligible. For example, Dapta (Colombian founders now based in Miami) and Ruedata (Colombia founders with HQ now in Mexico City) are examples of companies started by Colombian entrepreneurs that now have HQs outside the country that have applied. Please apply by tomorrow! (Application link in first comment below).

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✨ Exciting Partnership Alert in Puerto Rico! ✨ We're thrilled to announce that Mango Power has partnered with ENIUM to bring an exclusive financing offer for the Mango Power M to homeowners in Puerto Rico. This initiative makes embracing clean energy both accessible and affordable. 🏡 Benefits for Homeowners: 🔑 Accessible Financing: Get the Mango Power M with convenient loan options. ⚡ Backup Power: Ensure your home stays powered during outages with reliable energy storage. 💡 Energy Independence: Reduce reliance on the grid and generate your own power. 💰 Cost Savings: Lower energy bills through efficient power management. 👷‍♂️ Benefits for Installers: 🚀 Streamlined Sales Process: Faster closures and less paperwork. ✅ Instant Pre-Qualification: Soft checks that don’t impact credit scores. 📞 Dedicated Support: Receive help whenever you need it, ensuring smooth installations. Together, we're powering a sustainable future for Puerto Rico. Join us in making clean and reliable power accessible to everyone. Stay tuned for more updates! 🌱 #MangoPowerM #EnergyStorage #RenewableEnergy #BackupPower #Innovation #Sustainability #PuertoRico

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Comun secures $21.5M to revolutionize banking for immigrants in the U.S.! Comun has raised an impressive $21.5 million in a Series A round—just nine months after its last raise. Backed by Redpoint Ventures and other leading investors, Comun is breaking barriers in a crowded market by focusing on what truly matters: financial inclusion for underserved communities. Since its launch, Comun has grown revenue 50x in just six months and quadrupled its user base and revenue per user. With its commitment to accessible banking—accepting over 100 types of ID from #LatinAmerica and providing Spanish-speaking support seven days a week—Comun is addressing real needs and winning customer loyalty. The new funds will help expand their reach and launch new products, like a credit offering, to continue empowering immigrant communities across key U.S. states. Check out our USA Regional Report to explore more insights on how companies like #Comun are leading the charge in redefining financial services! 👉🏻 Corporate members can access the report here: https://lnkd.in/d54iD7Um 👉🏻 Non members can buy the report here: https://lnkd.in/dAPNTSa2 #CInnovation #FintechInsights #FintechInnovation #FinanceInsights #BankingRevolution #DigitalTransformation #BankingInnovation #FinancialGrowth #Finance #Banking #NeoBanking #FinancialServices #Fintech #BankingNews #TechInFinance #FinancialNews

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📊 New Inter-American Development Bank study: LATAM #Fintech Ecosystem grew 340% in six years; Panama 330%. - The LAC Fintech Ecosystem grew by more than 340% ⚡️ between 2017 and 2023. From 703 fintech startups in 18 countries in 2017, to 3,069 in 26 countries in 2023. The joint fintech ecosystem study by the Inter-American Development Bank (IDB) and Finnovista revealed this last week. It considers 26 Latin American and Caribbean countries (LAC). #Panama ’s Fintech Ecosystem grew with 330%, from 10 Fintech companies in 2017 (Statista, 2024) to 33 Fintech companies in 2023. These figures represent 1.08% of the total number of Fintech companies in Latin America. A relatively large share taking into account the size of the country in terms of population and number of companies. Brazil 🇧🇷 continues to be the country in the region with the highest number of fintech startups, with 24% of the total. Mexico 🇲🇽 is next with 20%, Colombia 🇨🇴 with 13%, and Argentina 🇦🇷 and Chile 🇨🇱 with 10% each. The countries with the highest growth in the last two years were Peru 🇵🇪, with 5.3% of the number of companies, followed by Ecuador 🇪🇨 with 3% and the Dominican Republic 🇩🇴 with 2.1%. The largest segments in number of platforms continue to be payments and remittances, with 21% of total, loans with 19%, and corporate finance management with 13%. These three segments saw average annual growth of 24%, 31%, and 28%. Find out more on the fintech ecosystem in Latin America via the reference to the study below. #finance #latinamerica Anderson Caputo Silva Fermin Bueno Andres Cavelier Javier Buitrago Zinli Holland FinTech Curacao Fintech Association Claudia Kreussler Fintech Americas Cámara de Comercio Suizo-Panameña | Swiss-Panamanian Chamber of Commerce Colombia Fintech Latam Fintech Hub Alessandro Francolini

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According to the Inter-American Development Bank, Deeptech is bringing a new wave of innovation to Latin America: - Growing Ecosystem: The LatAm region boasts 340 deeptech startups with institutional funding, involving 15 local funds and accelerators and 65 international ones. 14 LatAm countries have Deep Tech startups with institutional funding. - Value Creation and Investment: The value of the LatAm deeptech ecosystem is estimated at $8 billion, including three startups valued over $500 million and 98 over $10 million. The capital raised by these startups is around $2 billion. - Attractive Returns and Growth: The ecosystem shows promising returns, with a leading global venture fund focused on Deep Tech reporting 22-30% net annual return. There has been a 44x growth in deeptech VC investment in LatAm between 2020 and 2022. - Talent and Cost Advantage: LatAm offers a significant talent pool, with a cost advantage of 5-10 times compared to developed markets. There are around 871,000 people engaged in STEM R&D, and approximately 10,000 people working in LatAm deeptech startups, with around 5,000 involved in R&D. - Impact and Potential: The deeptech sector in LatAm has the potential for long-term growth, estimated at 100 times, with an expected increase of over 4% in GDP from private R&D and 7% from generative AI in the next decade. Additionally, there's potential for $100 billion in additional annual exports of knowledge-based services leveraging AI in 10 years. - Broad Implications: Deeptech innovation in LatAm is seen as a way to bypass traditional development obstacles and unlock unprecedented possibilities in economic growth, social equity, and environmental sustainability. Examples include the broad adoption of solar energy to decrease electricity costs and enhance quality of life in remote communities. - Sectoral Distribution: The majority of LatAm deeptech startups (61%) are in Biotech, followed by AI (11%). Other emerging sectors include nanotechnology, Cleantech, spacetech, advanced mobility, robotics, advanced manufacturing, health tech, and advanced materials. #DeepTech #LatinAmerica #Innovation

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👀 We keep seeing great startup dealflow in Peru 🇵🇪 and Latin America 🌎 👀 Month after month (now 83 and counting) the experience level of founders and quality of the startups that we are seeing at AVP Ventures keeps getting better. Last month we had the privilege to hear from Liliana Barck, Rodrigo Vidal, David Tafur and Joel Zambrano who despite, or perhaps because of, the challenges of raising capital, are making huge progress with limited funding. Watch out for them! The sectors they operate in are similar to startups we have seen in the past, but the way these founders are going about tackling the problems inherent in their given markets incorporates (i) better technology (ii) more precise go-to-market strategies, and (iii) stronger business models than we have previously observed. Congrats to Ramiro Zegarra and Sophie Malca of the AVP Ventures team for this pipeline effort. They are demonstrating that investors who do the hard work to meet founders where they are will find a sufficient and attractive opportunity set of startups to make great investments.

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Throughout 2024, #Mexico 🇲🇽 has attracted over $USD500 million in Venture Capital investments. Where is the industry headed? What are the challenges and opportunities on the horizon? Join us for an exclusive look at the latest insights during the presentation of our "Mexico Venture Capital Report: An Overview for 2024." RVSP | https://lu.ma/8h9xrdh8

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Founders, we have opened the applications for our startup pitching competition in Mexico City, where the winner can receive up to $500k USD in investment (after due diligence, of course). You can apply here: https://lnkd.in/gBrQ7KSU. Here's how it's going to work: Round 1: Submit your application. We'll review your application and get back to you. Apply as soon as possible, we only have 5 spots available Round 2: Interview and online pitch with Alpha Impact 8 Ventures' investment team. We want to get to know you, 30 minutes should do for an initial intro. Get ready to give your best pitch! Round 3: Selection process. We're inviting the very best for a in-person presentation with top VC funds, PE leaders and renowned allocators Round 4: Congratulations! You've made it to the finals. We'll see you at the Mexico City St. Regis on September 25th! What's on the Agenda for the 25th? Competing startups will have exactly five minutes to pitch their company on stage, followed by a five-minute Q&A session with our expert VC panel. Voting will be open to the public, whoever gets more votes wins. - hashtag #startups hashtag #venturecapital hashtag #founders hashtag #siliconvalley hashtag #technology hashtag #innovation hashtag #pitch hashtag #fundraising

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Developments featured in the latest #LatAm Venture Bulletin: ▸ IFC - International Finance Corporation and Victory Park Capital Advisors provided a USD30m loan to Habi, a Colombia-based residential real estate technology platform. BBVA Spark granted an additional credit extension. ▸ Zig. The Global Funtech, a Brazilian payments system designed for events, raised ~USD21.4m from Cloud9, Across Capital and Scale Up by Endeavor. ▸ DOMO.VC led a ~USD8.7m round for Turbi, a Brazilian car rental platform, with participation from REAG INVESTIMENTOS and Carbyne Investimentos. ▸  U.S. International Development Finance Corporation made a commitment of up to USD2.5m to Innogen Capital Ventures’s ICV Delta Fund I, a venture fund focused on investing in Northern Central America, USD4m to Kamay Ventures I, Kamay Ventures' inaugural fund investing in tech-enabled supply chain platforms across Latin America, and USD4m to Regenera Ventures' Regenera Ventures I, an impact investment fund focused on the rural economy in Mexico. Read the full edition here: https://hubs.la/Q02v5Rss0 #venturecapital #LatinAmerica #markettrends #investments #finance #tech #privatecapital #finance #startups #privateequity

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