Victor Noguera

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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📢 🔊 As many know, I had the incredible duty of strategizing and structuring Colombia Tech Week investors' agenda. 🚨 To access CTW Investors CRM Cheat Sheet developed by Catalina Mendez and Eduardo Pacheco click on the link 🚨 The core objective 🎯 was to include the full waterfall of capital while creating a three-way conversation between investors, founders & GPs. 👍 Inviting LPs who are already investing or eager to invest in GPs is the fountain that nourishes the capital cascade. 🥈 Including structured and venture debt professionals was crucial for supporting growth-stage lending and revenue-stable companies. Don't miss Kai Schmitz, Leila F. Search, Gordon Watson, Marcos Kantt, Felipe Gomez Herrera panel on the 29th at 12:15 pm at the #GoFest. 🥉 Bringing in alternative assets' professional investors with decades of experience was key to closing the virtuous cycle we aim to feed during the week. Two key growth and full-cycle investment panels are led by Riverwood Capital and SoftBank Investment Advisers. ⏳ Federico Storani is moderating the conversation about exponential growth in the region based on his +10 years of experience as an investor, accompanied by Oscar Ramos, Julián Melo, and Santiago Covelli. Book yourself the the 28th at 11:15 am. 🏔 Rodrigo Costa is leading a candid conversation about investing in a capital constraint market on Thursday the 29th of August at 10 am the #GoFest. What I love about this one is that he'd be the only investor, the other chairs are going to be filled by Camilo Sánchez, Sebastian Noguera Escallon, and last but not least Fabián Gómez Gutiérrez (Fancho). This is a unique chance to connect with leading investors from nearly every corner of the globe—from Cape Columbia in the northwest of Canada to Cape Froward in the southernmost tip of Latin America—who are eager to discover and back alternative investments. Special thanks to all the teams that made this happen: ColCapital - Asociación Colombiana de Capital Privado, Endeavor, Endeavor Catalyst, Invest in Bogota , Cámara de Comercio de Bogotá, Cámara de Comercio de Cali, and Colombia Fintech. Kudos to the Colombia Tech Week team for all the legwork and dedication. #ColombiaTechWeek #VentureCapital #Startups #Innovation #LATAM

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Prometeo OpenBanking, a B2B Fintech providing digital infrastructure to digitize and automate cash transactions across Latin America, is led by co-CEOs, Ximena Aleman and Rodrigo Tumaián. These two are visionary founders attacking a $10B market opportunity that’s growing fast. At Angel Squad, we love founders who want to fundamentally change consumer behaviors and markets through their innovative technology. For Prometeo, this means “unblocking” the flow of money across Latin America, which can lead to explosive growth across small businesses, consumer purchasing activities, and capital markets. Sometimes it’s hard to understand a founder’s vision when they have big, hairy, audacious goals. Ximena and Rodrigo are uniquely skilled in communicating their vision for a better future, making it easier to bet on them and their team.

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Venture Capital Mx - EFEX EFEX is a banking platform designed to meet the needs of businesses in Latin America engaged in cross-border trade with the United States. By focusing on partnering with fintechs and marketplaces that serve SMBs, EFEX addresses a significant gap in the financial infrastructure of Latin America, where companies face barriers in accessing the U.S. market due to the complexities of international banking.   EFEX provides services that enable these businesses to open bank accounts in multiple countries, hold funds in U.S. dollars, and move those funds into their local currencies with instant or forward payments. Full Article Link in Comments ⬇ Dimitri Zaninovich Santiago Bustamante Villa #startups #venturecapital #mexico

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Third and last part of my post with some insights from the #fundraising of our latest fund. Some of the tools we used and how we managed to get the finish line successfully!

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📢 New Episode Alert! 📢 Are you a contractor working overseas? How do you navigate the complexities of cross-border payments and make sure you're getting paid fairly and efficiently? In the latest episode of Lobster Talks, we dive deep into this topic with Eduardo Lopez De Leon, co-founder of Coba (YC S23), a fintech startup simplifying cross-border payments for contractors in Latin America. Key takeaways from this episode: - Discover how Coba is empowering contractors in Latin America by providing access to the US banking system and streamlining financial transactions. - Learn about the challenges and opportunities of cross-border payments, and the importance of understanding local markets. - Hear about Coba's journey from connecting talent with US companies to becoming a Y Combinator-backed fintech startup. - Get insights into the decision-making process as a co-founder and the role of crypto in cross-border transactions. Tune in now and learn how Coba is revolutionizing cross-border payments for contractors. Don't miss out on this valuable conversation! 🎧 Watch the full episode here: https://lnkd.in/eNBSTP2Z #fintech #crossborderpayments #contractors #LatinAmerica #startups #YCombinator #podcast

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See you tomorrow for a valuable and, must disclaim, politically incorrect discussion about the Deep Tech landscape in Latin America, trends, needs and oppprtunities. #InnovationArgWeek #DeepTech #Startups #OpenInnovation #LatinAmerica #Investments #ArcheCompany

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MRR is probably the acronym I repeat most during any given day, driven by the rise of SaaS startups in Latam. While MRR is a straightforward metric in principle 📊, we spend quite some time understanding the MRR of the companies in our portfolio and pipeline. As a result, I decided to geek out a bit on the topic. Please find a brief deep-dive below. Looking forward to feedback from founders and VCs on the topic! 💬 #VentureCapital #Latam #MRR

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If you are curious to learn about angel funds, their difference to other angel investing models and how it reduces the risk of investing in startups, come listen to this episode of VC10X podcast. Here, Prashant Choubey and I talk about this and much more. Thank you Prashant for this conversation! #angelinvesting #startups #innovation #angels #angelfunds #coreangels

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Hi network. Today I will share 1 great fundraising tip that I crossed during my journey 🛎 I asked the following question to 3 successful startup founders from LatAm during a webinar. Which would be your best tip for the founders that we are fundraising? The 3 of them agreed that consistent execution is the key. Fundraising requires building confidence and several meetings before someone bets on you, your team and startup. During those months you need to consistently share your intentions and plans, then execute, show up, execute, show up, execute and show up.... Made sense to me, hope it helps... Adolfo Diaz Startups #startups #latam #execution #vamoslatam

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Every dream deserves a chance to breathe. That's why I'm beyond thrilled to share Colektia's latest funding round. In the U.S., $1.14T in credit card debt isn't just a number - it's millions of stories of dreams put on hold. Old debts shouldn't define your future or stop you from creating generational wealth. They shouldn't keep you awake at night or stop you from building wealth for your children's children. Colektia is changing this narrative. Their breakthrough solution isn't just about debt resolution - it's about restoring hope, dignity, and the fundamental belief that everyone deserves a real shot at financial freedom. To those feeling trapped by past financial struggles, your story isn't over. It's just beginning. This isn't just an investment. It's a movement toward a world where financial liberation isn't a privilege but a right. #FinancialFreedom #ImpactInvesting #NoDebt

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I am pleased to see Alitheia IDF (AIF) highlighted by Jessica Espinoza, CEO of 2X Global, at the SuperReturn Emerging Markets 2024 event in Amsterdam! Jessica showcased AIF as an example of how Gender Lens Investing (GLI) strategies drive commercial and social impact. Since closing AIF (a 2X Flagship Fund) at $100M in 2021, we have invested over $50 million in 12 companies, with 75% women ownership. As the first and largest GLI fund in Sub-Saharan Africa, we developed the industry’s first comprehensive GLI toolkit, inspiring broader adoption across private equity. Our commitment to putting women as key success drivers across the investment value chain has become a model for the industry, inspiring others. It’s rewarding to see AIF’s impact and approach recognized as a model for sustainable, inclusive investment in emerging markets. Check out the slides from Jessica’s presentation for more insights: https://lnkd.in/dpGiraPU #GLI #ImpactInvesting #SustainableFinance #AlitheiaIDF #SuperReturn2024

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Five big ideas from my The J Curve conversation with Sergio Furio, founder and CEO of Creditas 👇 1️⃣ Choose the right market Even the best talent can only thrive in a market with big potential. Focus on a large, inefficient market ripe for disruption—one that offers room to adapt, grow, and ultimately win. For Creditas, Brazil was that market, with Brazilians paying over 100% APR on loans. Rather than opting for a familiar market, Sergio saw a massive opportunity in addressing Brazil’s lending inefficiencies, creating a long-term value proposition with immense potential. 2️⃣ Embrace ‘positive naivety’ Entering new markets without preconceptions—what Sergio calls “positive naivety”—can drive innovation. Asking “why not?” and challenging norms opens doors to breakthroughs. As a Spaniard launching in Brazil, Sergio’s fresh perspective revealed untapped opportunities, like secured loans based on home, car, and salary collateral—an idea local banks had overlooked. Questioning the status quo enabled Sergio to disrupt the market and create value. 3️⃣ Fuel your business with energy Companies don’t fail from lack of money; they fail from lack of energy. Sustaining enthusiasm and a positive culture is essential for long-term survival. Early on, Creditas faced low revenue, but Sergio’s decision to keep up morale was crucial. By acting as a daily cheerleader, he ensured the team stayed motivated and resilient through countless challenges. 4️⃣ Choose investors as partners, not just funders Seek investors who are allies, not just funders—those with patience and operational experience. Sergio’s close relationships with investors like Manoel Lemos from Redpoint and Bill Cilluffo from QED provided more than capital; they offered valuable insights and support, helping him navigate tough times with a foundation of both financial and emotional backing. 5️⃣ Leverage being a solo founder Flying solo has its challenges but also brings advantages like faster decision-making. As a solo founder, Sergio made swift, unchallenged decisions that allowed Creditas to pivot effectively. Though he didn’t have co-founders, he built a team that shared his vision and filled any gaps in support and perspective. Check out our newsletter for more insights 🔗 in comment

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In this episode of #StartupSounds, I had the pleasure of sitting down with Marta Cruz, co-founder and general partner of NXTP Ventures, one of Latin America's pioneering venture capital funds investing in early-stage startups. 🌎💰 Recently raising a massive $98 million to continue fueling the growth of B2B SaaS companies in the region, Marta shares her insights on what it takes to succeed in the venture capital landscape. Starting her journey with NXTP back in 2011 alongside Ariel Arrieta and Gonzalo Costa, Marta has seen the evolution of the VC industry in Latin America from its early days. As part of NXTP, she’s invested in and advised some of the region's most successful companies, including Auth0 by Okta, Betterfly, Agrofy, Pomelo, and Ripio. Marta also co-founded WeInvest LatAm, an organization dedicated to empowering women investors in the region. 💪👩‍💼 Listen to her story: YouTube 👉 https://lnkd.in/e-_jSNAw Spotify 👉 https://lnkd.in/erYXuDGZ From Digital Marketing to Venture Capital 🚀 Marta went from founding a digital marketing agency focused on performance with her partner Ariel to becoming a trailblazer in venture capital. Early on, she discovered her passion for working with entrepreneurs and helping them test their business models online, which was far more exciting than serving traditional clients. The Early Stages of VC in LatAm 🌱 They identified a significant opportunity in the market, which was a driving factor in the evolution of tech startups: developing a technology-based company became much more accessible and affordable over time. With just $5,000 to $10,000, entrepreneurs could now create a viable MVP! 💻💡 The Importance of Skin in the Game 💪 She focused on finding entrepreneurs with "skin in the game" and strong teams, believing this approach would yield a much higher upside. These founders were starting from scratch, making NXTP eager to support them through those critical first steps. 🚀 The Power of Mentorship 🤝 NXTP was able to tap into a strong network of pioneering entrepreneurs, such as Marcos Galperin, Wenceslao Casares, Alec Oxenford...These recognized that if they had received mentorship early on, they would have avoided many costly mistakes and accelerated their growth. The Power of 'Chutzpah' in Entrepreneurship 🌟 During a trip to Israel, Marta encountered the concept of "chutzpah," a Hebrew term that profoundly resonated with her. While there was no direct translation, she learned that it embodies qualities like boldness, audacity, risk-taking, conviction, and even a bit of fearlessness. Empowering Women Entrepreneurs and Investors 👩‍💼💡 This journey began when Marta realized the lack of female representation in their portfolio. After investing in 37 companies, she found that only three women were part of the team. That's how she started the path that would lead to WeInvest LatAm & EmprendedoraLAC!

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Five big ideas from my The J Curve conversation with Marcelo França Corrêa, founder and CEO at Brazil's fintech infrastructure leader Celcoin 👇🏻 1️⃣ Three key decisions that propelled Celcoin to success: pivoting to b2b, integrating Pix and strategic M&As 🚀 Pivoting to B2B Infrastructure: Recognizing the limitations of a B2C model, Marcelo shifted Celcoin to focus on B2B payment infrastructure, enabling sustainable growth and leveraging their core strengths Integrating PIX: Instead of resisting the disruptive PIX system, Marcelo incorporated it into Celcoin’s offerings, safeguarding the business and fueling exponential growth Strategic M&A: Marcelo’s targeted acquisitions complemented Celcoin’s products, allowing rapid expansion while maintaining a strong company culture 2️⃣ Fundraising Tips: Start Early, Communicate, and Understand Expectations 💸 Build relationships early: Marcelo began investor engagement years ahead, establishing trust and credibility that paid off when funding was needed Consistent communication: regular updates on performance and milestones build investor confidence Understand stage-Specific expectations: tailor your approach to align with the distinct priorities of early and later-stage investors. For later-stage investors, emphasize key metrics, revenue quality, and scalability to demonstrate the stability and growth potential of your business 3️⃣ To build a scalable tech product, consider adopting a modular architecture 🛠️ Celcoin’s modular infrastructure allows flexibility, serving diverse clients efficiently without heavy customization, which is key to scaling 4️⃣ When growing via M&A: focus on strategic fit, prioritize product and cultural integration, and build a playbook for integration 🤝 Strategic fit: acquisitions should complement your existing capabilities and align with long-term goals Integration focus: success lies in integrating products and maintaining the acquired company’s culture to preserve innovation Create a playbook: A systematic approach to integration maximizes value and minimizes disruption. 5️⃣ The fintech infrastructure market in Brazil alone is worth at least $20 Billion and is poised to grow rapidly 🌐 The future of financial services in Brazil is being shaped by regulatory changes, digital payments, embedded finance, and open banking. For fintech infrastructure startups, this represents a vast and growing revenue opportunity. Startups that can build scalable, flexible infrastructure solutions will be well-positioned to lead in this rapidly evolving market Check out our newsletter for more takeaways from this conversation 🔗⬇️ #entrepreneurship #venturecapital #leadership #thejcurvepodcast

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Last week, DiDi acquired a Sofipo (Sociedades Financieras Populares) to enhance its financial product offerings in Mexico, underscoring a trend where tech companies like Mercado Libre with Mercado Pago and Rappi with RappiPay Colombia, Rappibank Brasil, and RappiBank Perú, among others, have become significant fintech players. This shift reflects the natural progression of non-financial tech companies towards fintech innovation, a theme I explore in my latest article: https://lnkd.in/eNs-tgkw These companies are uniquely positioned to revolutionize financial services, driven by their technological capability and vast customer networks.

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🚨 🚨 VC Investor entry-level opening alert!!! 🚨 🚨 Diversity is 🗝 🔑 for driving good performance. Only 13% of disclosed VC funding goes to women-led startups according to LAVCA. Not surprisingly, women make up just 22% of LatAm VC Fund Partner Count. Yesterday, we were discussing the subject with Alejandro Isaac Safdie and we decided to take action.... Quona Capital team speaks 20 languages but has only received 10% of women applicants for the Investment Analyst Role. Let's help them win the diversity race at the top of the funnel, tagging a young women investor who might be interested in the role. 🤩 Apply here 👉 https://lnkd.in/grvzFT32 Women from 🇲🇽, 🇧🇷, 🇵🇪, 🇦🇷 & 🇨🇴 tech careers and VC investor careers are exciting. Securing a VC entry-level position is a good beginning for both. Also if you have had enough of PE, IB, CB, etc here is your way out .... ✨ I'm tagging here amazing women I look up to in these markets (tech founders & VC investors) so you can check how "chingonas" 💁‍♀️ they are: Camila Lecaros, Paula Barrientos, Camila Torrente, Daniela Pacheco, Camila Salamanca, Laura Gaviria Halaby, Antonia Rojas Eing, Natalia Gonzalez Vela, Begoña Ortiz Ariza, Fabiana Scionti, Gina Gotthilf, Patricia Desentis Calleja, Shanti Galvan, Christine Kenna, Damaris Mendoza Loera, Anna Raptis, Marta Cruz, Susana Garcia-Robles, Angela Maria Tafur, Patricia Saenz, Anais Cisneros, Lorena Sánchez García, Maite Muniz Telleria, Marcela Olivieri, Camila Zancanella, Isabella Orduz, Maria Isabella Munoz Mendez, Isabela Rodriguez Padilla, Lisa Muramoto and many more (that the "mention limit" doesn't allow to include here 🙄) ... I know that you are passionate about talent opportunities, you can also help with a repost or a tag: Makers Fellowship, ◽️Andres Bilbao, Luis Felipe Giraldo, Christian Kling, John Phillip Loof, Freddy Vega, Daniel M., Maria Paula Murcia Sánchez, Pablo Miller. #VCjob #lifeinVC #startups #mexico #latam #col #brazil #argentina #talent #carreers #VC #entrylevel #anlyst #trabajosihay

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