SoftBank LatAm sees past recent losses, remains bullish on region

In 2019, SoftBank allocated $5 billion to investing in Latin American startups, then the Japanese investment conglomerate committed another $3 billion to startups there, which was further validation that Latin America was home to a formidable startup system. About $7.6 billion of that capital has been allocated overall across more than 80 investments.

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Developers Underestimate Time to Build Custom Integrations: Nylas Survey

April 20, 2023

APIs are the “A” in MACH, the architecture checklist that defines true composable systems.  This Nylas survey shows why APIs matter: half (53%) of the developers who responded said they could build an email integration in one to five months to build without using APIs, but Nylas’ own experience shows it really takes one year with three developers working on the project. It goes a lot quicker if an API is used instead.

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Lending startup Kala is helping Latin American banks more easily offer credit

April 20, 2023

Small businesses in Latin America got another boost in lending support with the investment of $4 million in Kala, a Colombia-based company building fintech infrastructure for lending. Kala officially launched in July 2022 and within the first six months had three customers, two in Colombia and one in Mexico, using the product and dispersing it to over 50,000 customers. Kala charges a SaaS fee and is already bringing in revenue.

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One-Third of Marketers Will Buy a CDP This Year: Optimove Survey

May 31, 2023

Just over one-third of marketers plan to either buy a new CDP (21%) or replace an existing one (13%) this year, according to this Optimove survey. Unfortunately, it doesn’t report how many have a CDP already in place, which would put the other values in perspective. It does seem that CDPs are a relatively low priority: they rank sixth on the list of new systems and eighth on the list of systems to replace.

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