After nearly a decade of increases, GDP growth in Latin America slowed from 4.4 percent in 2011 to 3.2 percent in 2012 and 4.0 percent in 2013. Despite slowing growth, Latin American countries are still innovating and embracing new ICT. We are always looking for start ups and innovators to bring technology to Latin America.
‘Colombia will be 1st country in Latin America completely connected to internet:’ Santos by Daniel Freeman on Colombia Reports
Recently, … read more
Developing countries received over $400 billion in remittances in 2012 according to a World Bank (see our infographic on remittances here). This is a great example of how mobile money has changed the way people send money by making it easier and safer. This week, we read many stories detailing both progress and challenges in the sector. We are always looking for innovative entrepreneurs that piggyback on the success of mobile money to provide … read more
Since we first announced the Impact Factoring Fund, we’ve been working hard to help our portfolio companies take advantage of the opportunity to access working capital. One of our portfolio companies, Frogtek, is particularly excited to apply the IFF to its efforts of financing tablets for their customers in Mexico and Colombia.
Frogtek’s innovative technology is an application, Tiendatek, which allows micro shopkeepers to manage sales and inventory on their smartphone or tablet. … read more
From mobile developers to telecoms to the hardware itself, the mobile technology sector continues to make exciting progress in India, Africa, and Latin America.… read more
Every week, we read dozens of articles on our favorite industry trends and relate to our investment thesis. We pick the most popular trend from the week and share the top articles along with our thoughts.
In a follow up to our recent post on financial inclusion, this week we turned to our favorite industry blogs and mainstream media to see what they’re saying this week on the topic. We’ve included posts and articles from … read more
This week, we read about growing entrepreneurial opportunities in our target investment markets: India, Africa, and Latin America. The movement of human and financial capital in (and out) of emerging markets is increasing steadily thanks to changing demographics and blossoming economies. This presents exciting opportunities for investors and entrepreneurs alike.… read more