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Argentine Fintech N5, Founded By Former Santander Executive, Raises Series A Round
The fintech, founded by Julian Colombo, is already active in 15 countries and aims to close 2023 with a 60% increase in the size of its team
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Who Is Ernesto Torres Cantú, Citi’s New Head of International Banking?
Citi has announced significant changes to its organizational model that aim to align its management structure with its business strategy
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Colombia, Mexico Have Highest Employee Engagement In LatAm, Study Reveals
Remuneration and perks are determining factors for retaining talent, according to a study carried out by Betterfly and Criteria
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How Colombia Can Seize Opportunities as US Shifts Its Supply Chain Away from China
The US is looking to change its supply chain to lessen its dependency on China, and there are opportunities for Colombia to compete, according to government advisor Juan Verde
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Colombia Sees Foreign Investment, Exports Decline During First Half
The country received $9.56 billion in foreign direct investment in first half, a 4.7% drop compared with the same period of last year, while exports fell 12.6%
Brazil News
Latin America’s Internet Penetration Surpasses that of China
Penetration has reached 78% in the region, but data remains excessively costly for the 20% of the population on the lowest income, according to a report by Atlántico
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What Explains Brazil’s Surprising GDP Growth?
The country’s GDP grew by 0.9% in second quarter, and 3.2% in the 12 months to June, above market expectations. Bloomberg Línea consulted nine economists to explore the reasons why
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Brazil’s Embraer In Talks to Manufacture Regional Jets In India
The planemaker is in early discussions with potential partners to assemble its E2 regional aircraft and C-390 Millennium troop transporter in India, CEO Francisco Gomes Neto said in an interview in New Delhi
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How Can Colombia Attract More Investment to Its Capital Market?
A lack of local investment is one of the main problems, with more issuers needed to participate in the stock market, according to César Ferrari, head of the country’s financial regulatory body
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M&A Activity In Latin America Seen Picking Up In Second Half
Investors have had to adjust to new market conditions, and while new investments in the region are expected in second half, challenges remain
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Number of M&As In Latin America Falls By 20% In First Half
Venture capital outlays have reduced by 34% in volume to July, while Brazil remains the most active market, followed by Chile and Mexico