Mexico

Mexican president pushes back against Google’s renaming of Gulf of Mexico

Government & Policy /

Google Maps is planning to comply with President Donald Trump’s executive order to rename several American landmarks, including the Gulf of Mexico to the Gulf of America. However, Mexican President Claudia Sheinbaum said in a press conference on Wednesday that Mexico will send a letter to Google questioning its choice to update the body of water’s name. […]

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How a viral AI image catapulted a Mexican startup to a major adidas contract

AI /

Antonio Nuño, Fatima Alvarez, and Enrique Rodriguez have been friends since they were five years old. As teenagers, they became volunteers helping indigenous communities — first in Mexico, then in other countries — and saw that many of the women were artisans.  The trio came to realize that these artists “made very beautiful things in

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Aplazo is using buy-now-pay-later as a stepping stone to financial ubiquity in Mexico

Startups /

Buy-now-pay-later services have become so ubiquitous that BNPL may as well just be another way to say ‘debt.’ But in Mexico, where BNPL platform Aplazo operates, a large underbanked population makes BNPL more like an alternative to cash. The four-year-old Mexican fintech startup facilitates fractionated payments to offline and online merchants even when the buyer

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Chilean instant payments API startup Fintoc raises $7 million to turn Mexico into its main market

Fintech /

Open banking may be a global trend, but implementation is fragmented. The fintech startups doing the legwork to make it a reality in smaller markets could become M&A targets for incumbents like Visa. One of these is Y Combinator alum Fintoc, a B2B fintech startup that has raised a $7 million Series A round of

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