Santiago Tamayo

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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Great article published by Global AgInvesting about the first round of acquisitions of FARM Capital and the opportunity of the #agri-food #export market in #Mexico. Thank you Lynda Kiernan-Stone for the monitoring and transmission to the ecosystem of this new class of investment alternatives in Mexico. #aginvesting #gainews #privatemarkets #realestatefund #REIT #AgREIT #agricultural #foodsecurity #agrifoodchains #USDA #agribusiness #realestate #agronegocios #agroalimentario #agricola #invernaderos #tomate #pimiento #higo #limon #exportación #agroexportación #PPP #ESG #impactfund #impacto #aginvestment #RealEstate #bienesraices #pepino #hortalizas #agricultura #agriculturasostenible #ODS #ONU #foodsecurity #dobleimpacto #agribusiness #mexico #nearshoring #reshoring #cadenadevalor #inversión #impactinvestment #realestateindustrial #alternativos #REIT #Amexcap #Renta #SaleLeaseback #RealEstateFund #exportadores #divisa #alimentos #accionclimatica #climateaction #rural #agtech #aginvest #familyoffices #inmobiliario #logistica #logistic #empaque #aguacate #fig #avocado #bellpepper #SDG #UNSDG #Sustainable https://lnkd.in/evgkVaBF

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#WhyWeInvested : Food value chains present a compelling playing field for impact investing aimed at transformative systems change, blending the realms of environmental stewardship, social justice, and economic progress. I'm thrilled to announce IMPAQTO Capital's recent investment in CUSI World  a standout food systems B Corp startup based in #Ecuador. Its rare to see businesses designed to benefit the entire value chain: from Taramak, the Amazonian women yuca coop planting the seeds, to children with allergies and intolerances enjoying healthy nutrition options in Latin America and beyond. María Fernanda and Jose Luis are a testament to abundance minded entrepreneurs: where so many fall into the trap of narrow focus on the challenges and risks, they see opportunities to improve lives from seed to table through nutrition. 🌱 Investing in sustainable supply chains isn't just about business—it's about transforming communities and safeguarding our planet. By directing impact investment towards verticals such as quinoa, yucca, green plantain, and cocoa, companies have a unique opportunity to drive meaningful change on a global scale. The Andean and Amazon regions feed the world. When businesses partner with organic farmers in these sectors, they not only support regenerative practices but also empower local communities with fair wages and access to markets. This approach fosters environmental sustainability by preserving biodiversity and protecting natural ecosystems. The success of Cusi doesn't happen in isolation: Let's harness the power of the impact community to catalyze their growth, help them reach new heights, and continue to cultivate a more sustainable and equitable future. Tagging here, friends, colleagues and networks that might help the name of Cusi reach rooms full of opportunities: Natalie Vergara Giron Carla Barboto César Buenadicha Maggie Crespo Belen Paez Goldie, Anastasia, Paola Bobadilla, Matt Nigrelli, CAIA Michelle Alvear Jonah Wittkamper María Carolina Suarez Visbal Brandon Welch Aaron Desatnik Wes Selke Michael Shaw, Rex Raimond Corinne Lebrun . None of this would be possible without the leadership of Justin and Josue C. - go IMPAQTO Capital team! Together, we can create positive ripples that extend far beyond our boardrooms and farms, leaving a lasting legacy of impact. #FoodasMedicine #ImpactInvestment #Ecuador

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We invite you to discover Campo Capital's initiatives that generate a positive impact on the environment and biodiversity. We look forward to seeing you at our STAND LOCATED IN THE GREEN ZONE / FINANCING DISTRICT AND PRODUCTIVE SECTOR / FIN-03 Campo Capital S.A.S. #biodiversity #biodiversitycop #cop16 #agroforestry #forestry #agriculture #carbonsequestration #carboncredits #impactinvestments #impactfund #campoimpactfund #nativespecies #amazonia #biodiversity #biodiversitycredits #ImpactInvesting #PrivateEquity #Sustainability

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Since 2020 I have had the privilege of being part of BuiltWorlds. Throughout these years I have seen how corporations, startups, and companies from Latin America have begun to take an interest in the events that BuiltWorlds holds. Likewise, companies, corporations and CVCs and VCs from North America and Europe have been interested in learning more about the development of the ConTech ecosystem in Latin America. Based on this interest in the ecosystem, a year ago we began to explore the possibility of holding a Summit or an event focused on technological adoption for construction, sustainability and infrastructure development in Latinoamerica. Today this event, Building Latam Fest, is not only a reality, but it exceeds the expectations that any of us could have in mind. What began with a Whatsapp group and zoom calls to brainstorm ideas about what the event could be, will be the largest Contech, Cleantech and Buildtech event in Latin America and the most solid step for the consolidation of the ecosystem in the region.   The purpose is not to make just another event, the purpose is to have an event to consolidate the ecosystem, to disseminate how the innovation areas of corporations and companies in the sector can have innovation programs to respond to the challenges they have, so that startups can find accelerators and specialized mentoring in the industry that helps them structure themselves in the best possible way for investment, that investors know how the ecosystem is generating opportunities for technological development that can provide return and that in the end the sector benefits from this whole virtuous circle.   Within this process, we could not have found a better ally than La Mezcladora - Hub de Innovación of UTEC Ventures for the organization of the event, nor a better space than UTEC, the technological university of Peru, in Lima. Save the date and participate in this unique event Thanks to all that help in the WA group and the zoom calls to make the event a reality: La Mezcladora - Hub de Innovación, Progreso X, NEXT by Lamosa, Leonard:LatAm, Cementos Pacasmayo SAA, UNACEM, Buildtech Ventures LLC, Mangxo, 360Lateral, Buildpeer, Zacua Ventures, Spybee, Alexis Pérez, @alex Tamayo, Erick Ricardo Melgar Godoy, Gabriela Rodas Urruela, Sheidy Li Cam, Daniel Chamochumbi, Ines Roggero Cilloniz, Francisco Barua, Luis Enrique Flórez Parodi, Victoria Medrano Blanco, Carlos Enrique Sosa, Margarita de la Peña Virgós, Juan Alejandro Saldarriaga Fernández, Natalia Stephanou Frieri, Lilianne Brunstein, Ana María Montoya Arango, Robert ROCHA B., Rodrigo Zetina V., Sergio Angelini, Mauricio Valdes, Julian Rico, Felipe Garzón, @alvaro V, ★ GERMAN ELERA, Mario Espana muchos otros que seguramente se me pasan

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✨ Breaking: Medellín Venture Capital Announces New Fund.- Medellín Venture Capital Medellín Venture Capital is a new investment program co-led by Medellín's municipality and the innovation center Ruta N. Starting in 2025, it plans to deploy $1.2 million in pre-seed and seed rounds as part of a broader $11 million strategy, targeting sectors like mobility, health, air quality, energy, circular economy, and deeptech. https://rutanmedellin.org/ Please share to let other #Founders know For the ❤️ of Startups #Fusion42 #Startups #Venturecapital

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Great seeing successful funding of impact projects in times of capital scarcity ♻️ "Small farmers are collectively the largest landowners in Mexico". 🚜 As 🇲🇽 ascends the global economic pyramid, it is essential to protect its most vital assets. 🌾 #mexico #agriculture #impactinvesting

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Is Latin America ready for #ClimateTech? Last week's VC LATAM SUMMIT panel, moderated by Edgar Adrián Parra, discussed the region's readiness to lead this important shift. Panelists Rogelio D. and Oscar Leria Luksic shared insights on initiatives in the Circular Economy, agricultural technologies, energy transition, carbon removal and CATAL1.5°T LATAM, among others. The day before, during a climate investors meetup organized by Luis Daniel Arbulu, a roundtable of climate champions including Luisa Sucre, Stella (Jeehyon) Yoh, Camila Petignat, Diego Céspedes, Santiago Murtagh, Tomás Peña, Alejandro Carboni, Alejandro Tocigl, Flavio Zaclis, Matías Benegas, Maximiliano Campanella, Juan Martin Ninfea and Alvaro Brunini, mentioned how climate technologies are becoming an umbrella for agrifood, sustainable energy, circular economy and other nature-related innovations. #EarthDay is a good reminder to focus on driving innovative solutions to generate financial returns in harmony with positive impacts on people and Mother Earth. I am looking forward to collaborating and supporting more impactful climate-driven regenerative innovations in #LatAm. #GreenPill #EarthTech #Regen

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WHILE INSURTECH DECLINES MASS, AUDITAMOS BY GRUPO QONECTAPP EXPANDS RAPIDLY ORGANICALLY: + The Jimenez Cocq brothers have launched the first Proptech Ecosystem in the insurance industry, integrated as real estate co-ownership assistance, to common space policies in buildings and condominiums, expanding this massive propellant activator model in August of this year. organic demand, associated with local companies from: USA, Mexico, Colombia, Panama, Peru and Chile. Now it will begin to prepare its next launch of its own payment platform for maintenance and rental expenses, in its own ecosystem, generating a big difference with the insurtech peers, where the vast majority are closing their operations due to lack of financing in risk capital, and they, have applied a strategy of being close to their potential clients, integrating and digitizing their Compliance Audit Firm, and strengthening their services, with the incorporation of several managers, responsible for maximizing the positive experience for the committees of administration and administrators, the last to join was Rodrigo Sandoval, HDI Subscriber Manager, and Rodrigo Téllez, Senior Inspector of the Superintendency of Casinos in Chile. Visit: AuditamosAsistencia.cl

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Our member CAPITAL + SAFI S.A. will host a Solution Session during the GIIN Impact Forum 2024 on October 24 in Amsterdam. The Session titled “Catalyzing Social Change in Latam Agribusiness Through Shared Value Investing” will explore how integrating social dimensions into agribusiness strategies drives sustainable and inclusive agriculture in Latin America. This session will showcase new business models and practical approaches to tackle climate and social challenges, highlighting the transformative impact of shared value investing on businesses and society. Learn more and register below. #GIINImpactForum #GIINImpactForum2024 #impactinvesting #sustainability #ESGInvesting #agriculture #socialchange #latinamerica

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𝗧𝗵𝗲 𝗨𝗹𝘁𝗶𝗺𝗮𝘁𝗲 𝗟𝗶𝘀𝘁 𝗼𝗳 𝟭,𝟬𝟬𝟬 𝗔𝗰𝘁𝗶𝘃𝗲 𝗔𝗻𝗴𝗲𝗹 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 Edit List Link: https://lnkd.in/esFvg_bN The right angel investors can make all the difference for your startup's success and open doors that were shut before. I've put together a curated list of the 1,000 most active angel investors worldwide with my friend Guillermo Flor. Here's what's inside: 𝐍𝐚𝐦𝐞𝐬 𝐨𝐟 𝐓𝐨𝐩 𝐀𝐧𝐠𝐞𝐥𝐬: Including folks like Elad Gil, Naval Ravikant, Scott Banister, Marc Benioff, Garry Tan, Justin Kan, and more. 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐒𝐭𝐚𝐠𝐞𝐬: Whether they invest in pre-seed, seed, Series A, etc. 𝐑𝐞𝐠𝐢𝐨𝐧𝐬: The geographical areas they're active in. Industries and Sectors: Their areas of interest or expertise. 𝐋𝐢𝐧𝐤𝐞𝐝𝐈𝐧 𝐚𝐧𝐝 𝐓𝐰𝐢𝐭𝐭𝐞𝐫 𝐏𝐫𝐨𝐟𝐢𝐥𝐞𝐬: Direct links so you can reach out and connect. Additional Info: Other details to help you make a meaningful connection Leave a comment below for the link 👇

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Are you a contractor in Latin America tired of the complexities of cross-border payments? In this snippet from our latest Lobster Talks episode, Eduardo de Leon, co-founder of Coba (YC S23), explains how they're revolutionizing financial transactions for contractors in the region. ✅ Coba provides access to the US banking system for contractors earning in US dollars and pesos. ✅ They offer features previously unavailable to non-US citizens, simplifying the process of getting paid. ✅ Coba leverages local banking rails to facilitate seamless money transfers between the US and Mexico. ✅ They're addressing the pain point of holding earnings in dollars and efficiently converting them to local currency. Listen to the full episode on your favorite podcast platform or watch it on YouTube to discover how Coba (YC S23) is transforming cross-border transactions in Latin America -> https://lnkd.in/eNBSTP2Z . . . . . #Fintech #CrossBorderPayments #LatinAmerica #Contractors #Startups #YC #YCombinator #Pivot #Crypto #Growth #FounderAdvice #Coba #Podcast #LobsterTalks

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Venture capital isn't very complicated math. In young ecosystems, the historical chances of investing in a unicorn are hyper-slim. Let alone exiting that investment if a unicorn does emerge. But what if you invest early and exit when companies reach, say, a $200M valuation? There are more companies in those waters. Maybe that makes more sense in the LATAM context, for example. Hear what Luis Andrés Enriquez Arias from Bridge Latam has to say in this exclusive Realistic Optimist interview. https://lnkd.in/gPJU9-Xd

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I remember vividly the first conversation we had with Luis Alejandro and Andrés Rubio from BID Lab back in 2016. We agreed that entrepreneurs and SMEs in the impact space in Guatemala and Central America needed and deserved a financing solution tailored specifically for them. What began as a pilot project for 20 Guatemalan companies, backed by Bid-Lab and Argidius Foundation, has now evolved into Devela Capital —the first for-profit, purpose-driven financing company in Central America. It´s mission is to support impact driven companies, whether they're beginning their impact journey or seeking external financing for the first time. We've all heard the term "missing middle," but it's not just a concept—it's a reality for thousands of entrepreneurs and companies. The missing middle isn't a single, one-size-fits-all category; it's a vast and nuanced space. There remains a massive $60 billion financing gap in the region, especially for small businesses struggling to find the right financial solution to grow and generate positive social and environmental impact. Devela may be new, but it is has already an exciting track record. To date it has successfully financed over 60 companies in Central America. Today, Devela stands for the entrepreneurs and purpose-driven companies of the region, guiding them as they embark on their impact journey. For those who are daring to make a difference, Devela is here to accompany you in unveiling (Develar) your evolution and impact. We are extremely grateful for the support, grit and trust from so many people and organizations in making Devela a reality, in particular to ADA asbl who have been a major support for the company. Astrid Cardona Ana Gabriela Chinchilla Pablo MENDEZ Julia K. DaleyNicholas Colloff Irene Garcia Monika Robertson, Harry Devonshire, Irene Arias Hofman, CFA Ignez Tristao César Buenadicha Magdalena Coronel Nobu Otsuka Axel de Ville Ana Reyes ReynaLaura Foschi Bénédicte Godefroid Daniela Lafortezza Simone Uccheddu Stuart Gildred @Jay Dunn IDC Network Margarita Klose Richard Lee Ruthmarie Mayén Marilyn Solórzano Jacob Stern Ligia Chinchilla JJ Estrada T. Alejandro Estrada Toledo Eduardo Diaz Jessica O. Cenpromype David Cabrera José Miguel Alfaro Gómez Kyle S Passarelli https://develacapital.com/

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Talking with Jose Antonio Pascual del Valle, or Pepe, is always interesting: a Spanish that has lived, worked and built for a long time in LatAm and brings different, deep insights to each topic. In this new episode of Startup Sounds, powered by Draper House Americas & Draper Startup House, listen to the head of Cencosud Ventures here: Spotify 🎧 https://lnkd.in/dxNQNtpW YouTube 📹 https://lnkd.in/dU_uG6Ve 🇺🇾THE URUGUAYAN ECOSYSTEM 🌟 What's happening in Uruguay is incredible. Some companies led the way in establishing here, and others followed, like we did with Cencosud Ventures some time ago. They understood that local talent can compete in the Uruguayan market. You also have Kazsek... a friend of mine saw Diaz Velez from Nubank running by the river the other day! IMPROVING RETAIL IN THE AMERICAS 🛍️🌎 With operations across the continent, they are looking for founders who can improve the way people shop, providing more leverage all their assets across the continent and different brands! A PITCH FOR CORPORATE VC 💼🚀 Traditional VCs can compete with us in brand and money and "building" the company. But when it comes to implementing and growing the business, they can't compete with them: they can test and launch their products with Cencosud and all its verticals as clients! SYSTEMATIC INNOVATION IN BIG CORPORATES 🏢💡 At Cencosud, Cencosud Ventures helps challenge the status quo and think creatively about how the company operates. With pilots to learn and identify improvements, different teams manage to launch innovative solutions consistently. Pilots are a double-edged sword: if they are too long, they don't work; decision makers must be comfortable making decisions with less information! THE ROLE AND IMPORTANCE OF BOARDS 🧑‍💼🤝 The best boards he's been part of are energetic, with members sharing insights, information, and ideas, where board meetings are not the only interaction. Boards shouldn't be just for reporting or be boring. They should exist from the start: it's a space for reflecting and abstracting from day-to-day operations. Also, they should have to-dos: a list of tasks for board members to add value! THE CHALLENGE OF WEARING 3 HATS IN BOARDS 🎩🎩🎩 As a corporate VC, he wears three hats: corporate stock owner, regular stock owner, and one that thinks about the wellbeing of the startup. What's best for the startup, the stock owners, and the Corporate VC are not always aligned! Vikram Bharati Ignacio Campo Mariano B. irene pasolini Santiago Caniggia Bengolea Julian De Muria Joaquin Stein Matheus Da Conceição Rodrigues

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If you are an Israeli AgTech startup with clients in LATAM, this opportunity is for you. The Inter-American Development Bank has recently launched an open call inviting agribusinesses from across LAC to apply. The open call is relevant to agribusinesses with a specific challenge seeking to adopt climate-smart agriculture technology for enhancing productivity and dealing with climate change risks. Selected agribusinesses and their challenges will be showcased in a second call for solutions from Israel for sourcing technology solutions to address their challenge. Matched agribusiness and solution will receive a grant to finance up to 80% of a pilot project, up to a limit of USD 150K. The current call, for LAC agribusinesses is open until June 5th. The second call for Israeli solutions will be open in July. At this stage, IDB would like to invite you to take advantage of this opportunity and encourage current or potential clients, from LAC, to submit their applications. In the application form, companies are invited to indicate if they already have a relevant solution in mind and to mention it. You can see here the project’s announcement: https://lnkd.in/ewKGjkzx Click here for more details and to submit applications: https://lnkd.in/eCZWGHJz Inter-American Development Bank, משרד החקלאות ופיתוח הכפר | Israeli Ministry of Agriculture, Israel Innovation Authority רשות החדשנות, Ministry of Finance

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Most business owners in the US will have heard about private equity and roll-ups. But while consolidation of fragmented industries is a mature concept here, it is less so in many markets around the world. Today's guests, FRANCISCO DEL RIO and Diego Silva Prieto, are bringing it to an industry in their native Chile. Francisco was itching to do something entrepreneurial, and he connected with former classmates from business school who had rolled up 200 veterinary clinics here in the US. He liked what he heard and thought a similar model could work in Chile — even though he knew nothing about the veterinary industry. Flash forward: * he's partnered with Diego, * there have been 5 acquisitions total, * and by the end of next year, 2025, they aim for that number to be 15. Now you'll notice that many patterns in their journey are actually similar to those of their US counterparts. For example, it's difficult to find owners with decent businesses, willing to sell for a reasonable price. Also, many of the owners are technicians first, in this case veterinarians, and the business side of their businesses suffer from neglect. So there are low-hanging opportunities in simply introducing CRMs, variable compensation schemes, and other operational best practices. All of that is familiar. But there are other elements to their journey that are different: The trust building takes longer in an environment where small businesses are rarely sold, let alone to strangers. Accessing capital & financing is more difficult because Chilean investors are not used to seeing roll-up ventures. On the positive side, the market is untapped. So there is a great opportunity to be first-movers with a powerful model. So we can all learn from what Francisco & Diego are building down in Chile, but especially those of you who may be wondering if you can be among the first to bring ETA and roll-ups to your own home market. Here they are, Francisco Del Rio and Diego Silva, owners and builders of LatamVet. 👉 link to interview in comments below

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