Mexico
FEMSA Cuts 1,300 Jobs and Puts the Brakes on OXXO's Spin Ambitions
Femsa cuts jobs and scales back Spin as fintech competition intensifies in Mexico, highlighting challenges in driving user engagement and store traffic.
Artificial Intelligence
Moonflow Expands Its Debt Collection Platform Through Strategic Alliance with Puntored
Moonflow and Puntored announce a strategic alliance to integrate AI-powered debt collection with Mexico’s largest payment network, enabling real-time reconciliation and omnichannel payment solutions.
Startups
Habi Acquires Pulppo to Expand Its Residential Real Estate Technology Platform in LatAm
Habi acquires Pulppo to strengthen its residential real estate technology ecosystem in Latin America, integrating broker technology, liquidity solutions, and mortgage capabilities.
Mexico
How Cora is transforming regulatory compliance in Mexico with artificial intelligence
Mexican startup Cora uses AI to automate regulatory compliance, helping companies avoid fines and manage complex regulatory processes in Mexico.
Latam
Nestlé-Purina to Invest US$100M to Expand Pet Food Production in Guanajuato
Nestlé-Purina will invest an additional US$100 million in its Silao plant in Guanajuato to expand production of dry and wet pet food for the Mexican market.
Startups
Refurbi Raises US$4M to Expand Circular Tech Model into Mexico, led by Latin Leap
Refurbi raises a US$4M seed extension to expand its circular economy model into Mexico, strengthening refurbished device access and digital inclusion across Latin America.
Startups
GL Ventures Backs Dealism with US$15M to Transform Conversational Sales with AI
Dealism raises US$15 million to expand its AI-powered conversational sales platform, automating negotiations on WhatsApp and Instagram with its “vibe selling” agent.
Exits
Grupo Omni Bets on Jüsto’s Comeback with US$100M and New Management
Grupo Omni acquires Jüsto and plans a US$100M relaunch without its founder, aiming to restructure the failed quick commerce model and revive operations in Mexico.
Fundraising
Startuplinks and Cuantico VP join forces to strengthen venture capital in LatAm
The partnership aims to reinforce the regional VC ecosystem in an environment of higher capital requirements and return expectations, combining market intelligence, community, and visibility.
Artificial Intelligence
Luca Raises US$ 8M in Series A led by to 6 Degrees Capital Scale AI-Powered Education in Latin America
Luca, an AI-powered EdTech platform, raises US$8M in Series A funding led by 6 Degrees Capital to expand K-12 education in Mexico and across Latin America.
Mexico
Spin by OXXO® Strengthens Financial Inclusion with U.S.-to-Mexico Transfers
Spin by OXXO® enables near-instant transfers from the U.S. to Mexico through a new partnership, expanding access to digital remittances.
Startups
Grupalia Raised US$4.8M in Pre-Seed Round to Digitize Group Lending in Mexico
Grupalia is digitizing group lending in Mexico, using fintech to expand access to credit for microbusinesses and strengthen local economies.