Category: America

Latin America roundup: Neobanks raise $205M+; Softbank backs VTEX
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Latin America roundup: Neobanks raise $205M+; Softbank backs VTEX

Argentina’s Ualá became the most recent Latin American fintech to receive a growth-stage funding ($150 million) from Asian investors, Tencent and Softbank.  This marks Tencent’s second round of investment in Ualá, the first coming in April 2019. Tencent also invested $180M in Brazil’s leading neobank, Nubank in 2018. With Ualá, Tencent and Softbank will join a…

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Oh the Irony: Bank of America Bans Former PayPal Executive
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Oh the Irony: Bank of America Bans Former PayPal Executive

A former PayPal executive has posted a letter on Twitter of Bank of America closing down his account. The ironic ban was not lost on his followers, however, who criticize PayPal for its own censorship practices. Calls for censorship-resistant money like bitcoin are growing louder. A former PayPal executive revealed Monday that Bank of America…

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Can America ever rebuild its neighborhoods and communities?
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Can America ever rebuild its neighborhoods and communities?

We talk a lot about startup ecosystems around these parts, and for good reason. Strong ecosystems have great reservoirs of talent congregated close together, a culture built around helping one another on ambitious projects, and sufficient risk capital to ensure that interesting projects have the resources to get underway. Strip off the ecosystem layer though,…

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Latin America Roundup: Uber acquires Cornershop, Softbank invests in Buser and Olist
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Latin America Roundup: Uber acquires Cornershop, Softbank invests in Buser and Olist

Sophia Wood is a principal at Magma Partners, a Latin America-focused seed-stage VC firm with offices in Latin America, Asia and the U.S. Sophia is also the co-founder of LatAm List, an English-language Latin American tech news source. More posts by this contributor Brazil continued to churn out unicorns this month, with Curitiba-based Ebanx becoming…

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Exclusive Excerpt–Sebastian Gorka’s ‘The War for America’s Soul’: The Plotters and Their Plan to Destroy America
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Exclusive Excerpt–Sebastian Gorka’s ‘The War for America’s Soul’: The Plotters and Their Plan to Destroy America

The following is an exclusive excerpt from Sebastian Gorka’s new book, The War for America’s Soul: Donald Trump, the Left’s Assault on America, and How We Take Back Our Country, available from Regnery. *** America and her allies may have defeated the deadly, totalitarian regimes of national socialism and fascism in World War II and…

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Latin America Roundup: Softbank bets on Brazillian unicorns and Konfio raises $250M for lending plans
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Latin America Roundup: Softbank bets on Brazillian unicorns and Konfio raises $250M for lending plans

Sophia Wood is a Principal at Magma Partners, a Latin America-focused seed-stage VC firm with offices in Latin America, Asia, and the U.S. Sophia is also the co-founder of LatAm List, an English language Latin American tech news source. SoftBank did not let up the flow of capital to Brazil this month, staying busy despite…

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In Latin America, the business of trolling threatens Twitter’s disruptive power
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In Latin America, the business of trolling threatens Twitter’s disruptive power

Matthew Carpenter-Arévalo Contributor Matthew Carpenter-Arévalo is a former Google and Twitter manager and current CEO of Céntrico Digital, a Latin American-based digital agency. More posts by this contributor In 2012, the emblematic podcast This American Life did a special on politics in Afghanistan. They noted that in order to be a politician in Afghanistan, one…

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Sen. Mike Lee’s America: Indian Firm in Chicago Paid Employees India-level Wages, Took Jobs from U.S. Graduates
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Sen. Mike Lee’s America: Indian Firm in Chicago Paid Employees India-level Wages, Took Jobs from U.S. Graduates

An Indian-run company in Chicago illegally imported Indian graduates — and paid them Indian-level wages — to help snatch jobs from American graduates. The fraud exploited loopholes in the B1 visas, which are reserved for managers and trainees according to a press statement by the Department of Homeland Security. The announcement comes as Silicon Valley…

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Dan Rather: America ‘Sliding from Extreme Nationalism into Tribalism’
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Dan Rather: America ‘Sliding from Extreme Nationalism into Tribalism’

Larry Busacca/Getty Images for IFP A feeling of “extreme nationalism” has gripped the United States, according to former CBS News anchor Dan Rather. “We have our differences and President Trump has found it to his … advantage to exploit those differences,” Rather said during an interview Thursday morning on MSNBC’s Morning Joe while promoting his new book. Rather…

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Bank of America Patents Method Using Ripple Technology
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Bank of America Patents Method Using Ripple Technology

A non-utility patent filed by Bank of America has Ripple fans in high spirits today. The patent, which is dubbed “Real-time net settlement by distributed ledger system,” directly references Ripple’s digital ledger technology in multiple illustrations. 20/07/2019 ? @BankofAmerica PATENT just went public showing use of @Ripple DLT ?SOURCE: https://t.co/pmeDcJVa1u#XRP #XRPcommunity #xrpthestandard #xrparmy pic.twitter.com/rvLnVSBLvZ —…

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