Mercado Libre and Kavak boost auto lending

E-commerce giant Mercado Libre and Brazilian unicorn Creditas teamed up to offer credit for car purchases between individuals. This is not the only alliance between large technology companies in LatAm, as the Mexican used-car unicorn Kavak allied with credit institutions in Chile.

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Latin American startup funding fell further In Q1, 2023

May 18, 2023

Funding to Latin American startups plunged in the first quarter of 2023, hitting the lowest point in over two years amid a continued sharp contraction in late-stage dealmaking. Overall, investment in reported seed through growth stage financings in Q1 was down 84% from the year-ago quarter, per Crunchbase data. That puts Central and South America, which just over a year ago ranked as the fastest-growing startup investment region in the world, on the short list for the fastest shrinking.

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Salesforce Connects AI-Based Marketing Apps with Data from CDP and Google

June 8, 2023

Salesforce kicked off its big Connections conference yesterday, and if you’re surprised the focus was on generative AI, you haven’t been paying attention.  Still, the focus this time was on marketing applications that draw on Salesforce CDP data, so it’s right up our alley.  They also announced direct access to Google BigQuery data, ticking the “zero-copy” box as well.

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