Michelle Ferrari

🌟 Exciting News 🌟 PRESS RELEASE 🌟 STARTUP OLÉ CAMACOL MIAMI HAS POSITIONED ITSELF WITH HUGE SUCCESS AS A LEADING SPANISH TECHNOLOGY & VENTURE CAPITAL EVENT IN HISPANIC & IBEROAMERICA. The first edition of Startup OLÉ CAMACOL MIAMI had the participation of more than 110 top speakers, 76 startups and scaleups and more than 550 attendees. In addition, Depencare won the pitch competition. Startup OLÉ Miami included round tables on investment and co-investment, new technologies, artificial intelligence and cybersecurity, universities, the media, Chambers of Commerce, the role of Miami in the Ibero-American and American ecosystem. , legal services, internationalization and sustainability. It also featured exclusive content such as a pitch competition, matchmaking and networking activities, cocktails and various cultural activities, making Startup OLÉ Miami not only an event, but a great experience for its attendees. In addition, Depencare emerged as the winner of the pitch competition. Mujer Financiera and Calpech came second and third, respectively. These 3 startups obtained a direct pass to the pitch competition that will take place at Startup OLÉ Salamanca from October 8 to 10 in addition to being able to enjoy all the services that Startup OLÉ offers to emerging companies: stand at the fair, networking activities and matchmaking, and access to the networking app. The other 7 participating startups received a stand, access to cocktails and the possibility of participating in the matchmaking activity and the pitch at Startup OLÉ Salamanca, as well as access to the networking app. During the Startup Ole Miami event in Camacol, a collaboration agreement was signed between Camacol and Startup Ole as a basis of preparation for next year where Camacol Startup Ole Miami 2025 will be held at the Miami Marlins/ Loan Depot Park Stadium with capacities for 35,000+ participants. In 2025, Start Up Ole Miami, powered by Camacol, will be held at the Miami Marlins Stadium (Loan Depot Park) with $55 billion+ in venture capital capacity. ✨Throughout its history, Startup OLÉ has gathered over +40.000 attendees from +120 countries; +1.500 startups, scale-ups and spin offs; +1.200 speakers; +300 corporates and investors with venture capital portfolios of over €100 Million with a combined investment portfolio of over €50 Billion Euros ($55 Billion Dollars) ✨CAMACOL, the largest Hispanic business organization in Florida, and one of the most influential business groups in the United States ✨Irma Sanchez , founder & CEO at Acceso Capital Fund & Ambassador Conference Outreach for Camacol & Startup Ole #OpportunityForAll #EconomicGrowth #SustainableFinance #diversityandinclusion #tech #AI #community #founders #wealthcreation #Latino #Latina #WomeInBusiness #DiverseFounders #InclusiveEconomy #smallbusiness #inclusion #financialtools #digital #Innovation #crowdfunding #venturecapital #accesstocapital #accesocapitalfund #StartupOLÉ #Camacol

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The circular marketplace Reuse has raised a $4.5M seed round. Congratulations! 🚀🎉💥 Reuse is an end-to-end online marketplace for buying and selling refurbished electronics in Chile, Mexico, and Peru. The platform partners with companies like Falabella, Coppel, and Samsung to resell devices returned in their trade-in programs. Reuse will use its new raise to fund its expansion into Mexico. Over the past 3 years, investors have ramped up funding in circular electronics marketplaces around the world. CompAsia (Singapore), Valyuu (Netherlands), refurbed (Austria), Revibe (UAE), and Reebelo (US) among others have secured millions to grow their circular platforms. The potential for circular marketplaces in the mobile device market is huge. In 2021, the number of mobile devices operating worldwide stood at almost 15 billion. The number of mobile devices is expected to reach 18.2 billion by 2025, an increase of 4.2 billion devices compared to 2020 levels. As the mobile market matures and there are more devices in the market the potential for secondary sales has expanded dramatically. The large-scale incumbent marketplaces are not missing this opportunity. Alibaba Group, Amazon, eBay, Walmart and Mercado Libre have expanded into the selling second-hand phones and other electronic devices along with investments in the circular logistics to support these types of sales. The complexity and need for data regarding phone to network compatibility is also expanding opportunities for companies like PrologMobile, which can provide IMEI-specific device information. This is essential information to ensure a better match between buyers and sellers. Going circular is increasingly becoming specialized and technology driven.  If you are a VCs considering circular marketplace investment opportunities or a startup or incumbent exploring technology options, reach out to us at McFadyen Digital. We have deep experience in eCommerce technology, circular marketplace strategy, and technology selection and implementation. We’d love to partner with you to explore market opportunities, evaluate technological risks, determine scalability potential, platform design and other aspects of launching successful circular marketplaces.  More on Reuse’s funding round here: https://lnkd.in/g5A7SRCe In addition to its online marketplace, Resuse has also has a new store in Santiago, Chile pictured below. #circulareconomy #startups #VCs #marketplaces #reverselogistics #trends

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The growth of #nearshoring presents a significant opportunity for cross-border commerce. However, a key challenge remains: technology adoption by smaller and mid-sized players. The answer is developing technological solutions that benefit the entire supply chain, not just major corporations. Cleo's Director of Industry Solutions, Frank Kenney, believes an efficient system should cater to businesses of all sizes, from small shops to large enterprises. Leveraging #AI in transportation logistics improves transparency and efficiency for shippers, carriers, and even dockworkers. Using sensors and real-time data, everyone involved in the shipping process can track the location and condition of goods, ensuring they arrive safely and meet quality standards. Learn more in the article below about how tapping into the power of #AI can help expand international commerce

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What sets extraordinary founders like Marcos Galperin (the founder of Mercado Libre) apart from the rest? 💎 In our latest episode of The J Curve with Susan Segal, the former partner at Chase Capital Partners who pivoted the early stage tech investing in Latin America, we break down the key traits that define exceptional entrepreneurs in the region👇🏻 💥 Great leaders recognize the need to grow and evolve alongside their companies. The skills and strategies that take a business from 0 to 1 won't be the same ones that drive it from 1 to a million. Marcos Galperin exemplifies this rare blend of visionary entrepreneurship and exceptional management 🤝 Another critical trait of great leaders is their ability to attract top-tier talent and listen to their insights. Building and maintaining a strong team is essential for sustained success Below is a snippet of our conversation on the topic. To watch or listen to the full episode with Susan, head over to our channels on Apple, Spotify, and YouTube 🔗

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Mexico remains a prime destination for foreign direct investment (FDI), according to the latest data from the Ministry of Economy. In the first five months of 2024, 127 public investment announcements from the private sector were identified, totaling an expected investment of $39.157 billion. This amount represents an increase of $3 billion since the announcements made in mid-April, with expectations that these investments will enter the country over the next two to three years, thereby boosting economic growth and job creation. The Ministry of Economy noted that these investments signal a strong vote of confidence in Mexico's potential, projecting the creation of 54,347 new direct jobs across various industries. Investment distribution has also diversified geographically. Querétaro and the State of Mexico lead the way, capturing 28 percent of the total, or $7.128 billion. Notable public investment announcements between May 15 and 31, 2024, include Evergo from the Dominican Republic with a $200 million investment in the energy sector, LT Precision from the United States with a $143 million investment in the steel industry, and Japan's Daikin with a $122 million investment in air conditioner manufacturing. Luis Torres, senior economist at the Federal Reserve Bank of Dallas, stated in an analysis that while Bank of Mexico research indicates that the reshoring process has been slowly progressing in regions that traditionally receive higher foreign direct investment (FDI) flows since 2020, the anticipated increase in FDI related to nearshoring has not yet materialized. He observed that much of the marginal increase in manufacturing investment is due to companies reinvesting profits in their existing facilities. Manufacturing firms are primarily expanding their current capacities, according to contacts at the Federal Reserve Bank of Dallas. This includes adding production lines, purchasing new equipment, and hiring more employees. Although companies quickly announce new projects, it remains uncertain how many of these will be scaled back, delayed, or canceled in the future, Torres noted in his analysis.

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Eduardo García Lecona’s insights on nearshoring underscore its transformative power for Mexico’s strategic global positioning. 🇲🇽 The geographical advantage isn’t just about proximity; it’s about redefining business models for sustainability and efficiency. As someone leading a logistics startup, I’m captivated by the potential nearshoring holds to revolutionize our industry. I think it could be a game-changer, particularly for enhancing competitiveness. What do you think? Could nearshoring level the playing field for smaller retailers and create a more balanced e-commerce environment? #NearshoringImpact #GlobalTrade #LogisticsInnovation #EconomicTransformation #SustainableBusiness #TradeStrategy #Entrepreneurship #ECommerceEquality #BusinessModelRedefinition #StrategicPositioning

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This week, we're excited to spotlight José Javier Cordero, Co-founder and CEO of PayMon... a true Pygmalion 🦁. José is leading the charge in digitizing payment processing for SMBs with a focus on schools and universities in Ecuador and Mexico. 💡 José's Impact: Paymon’s innovative ERP and digital wallet solutions are saving clients 2-4 hours daily on administrative tasks and boosting sales by 25%. Their versatile platform is transforming payment experiences and enhancing financial management. 📚 Recommended Read: "That Will Never Work" by Marc Randolph, Netflix Co-founder. ✏️ José’s Tip for Founders: “Leverage your network and reach out to fellow founders to bounce off ideas and ask for advice. Discussing the difficult aspects of being an entrepreneur is crucial.” 👾 José’s Reflection: "Ask for help sooner rather than later! We’ve all been there. I realized how much time and energy I could have saved by asking for help earlier." Join us in celebrating José’s achievements and insights! 🔗 Read more about José and Paymon in this week's newsletter! https://lnkd.in/e8ZjR39X #Fintech #Entrepreneurship #LatAm #Pygma #FounderSpotlight #Innovation #Startups

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Hi Insights - State of AI in Latin America 2024 https://buff.ly/3LjbZWk by @hi_ventures_ comprehensive overview of AI trends, applications, and actionable insights for founders, investors and business leaders of Latam with immense potential for growth and innovation! #rafAIgual #AI #Latam #state #report #founders #investors #business #leaders #strategy #innovation #growth #adoption #roadmap #implementation #profit

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Make original mistakes! As a startup CEO, you make countless decisions every day, and while it's okay to slip up sometimes, there are critical decisions you need to get right. Ideally, you learn from others and ensure the mistakes you make are unique. In our latest piece, my friend Jorge Heraud, founder and former CEO of Blue River Technology, shares the original mistakes he made on his path to building one of the coolest companies I've ever invested in. From navigating concentrated buyer power to managing acquisition negotiations, Jorge reveals the lessons he learned and why developing expertise early on is essential. Read his story here: https://bit.ly/3V08V7m

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Today was a #win at Startup Olé Accelerator as I presented in an international M&A panel with esteemed colleagues. 👩🏻‍⚖️ Some takeways for the LATAM #startup ecosystem ( but likely applicable to all startups regardless of location): 1️⃣ not all #startups need to raise funds to be successful. Many, especially services companies, can grow organically and do a successful M&A. 2️⃣ Not all #startups are meant for an IPO. You can still be very successful if you exit through M&A. 3️⃣ Not all #startups are supposed to be unicorns (whichever your definition of a unicorn is). And most importantly: 4️⃣ plan early and have a good lawyer on your side 🤗 Thank you Diego Noriega for moderating this! GNS Law LatAmplify Ventures

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Venture Capital Mx: Joe Merullo From entrepreneurship to angel investing and everything in between, Joe Merullo shares his experience in launching a startup in Latin America, highlights areas of opportunity for innovation in LATAM, and offers overall advice to aspiring entrepreneurs. https://lnkd.in/e_MmAfQj #startups #entrepreneurship #mexico

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✨Remote work has always been there, but it did gain momentum and popularity during Covid. Tune into this podcast conversation. The host's questions are in SPANISH, my responses are in ENGLISH. In the 1st 17 minutes of the episode, Cristian Curto and I talked about remote work, self-work, effective leadership, communication, the importance of having all 5 levels of your strategy clear and focused. This information was taken from my experience helping organizations transition and pivot from having their people working full on from a single physical office space, to working remotely and in spaces with contradicting infrastructure to the work at hand. ✍🏼 Are all 5 levels of your Life, Leadership and Business strategies clear so that they are easily implementable, agile and flexible enough to pivot with changing times? The 5 levels are your Purpose, Vision, Mission, Values and Implementation Plan. An actionable strategy is one with an Implementation plan that matches actual Mission activities that lead to the achieving the Purpose and Vision of an organization, aligned with the Values, timelines, and most important of all, currently available resources. Waiting for future resources delays work output, scalability, performance, impact and ROI. ✍🏼 A clear STRATEGY + skilled LEADERSHIP TEAMS = Higher ROI. Leading remotely requires clear communication. Clear communication comes from leaders working on themselves, so that they are leading from within. The more leaders work on themselves, the better able they are at creating psychologically safe environments for their teams to step in, flourish and contribute at even higher levels. ✍🏼 PEOPLE + PERFORMANCE = Higher ROI. Relationship Building is important. It starts with the Self. The more self-aware and conscious our leaders are, the higher their emotional intelligence. The higher their EQ, the better able they are at creating conducive and psychological safe environments that will help their people contribute at even higher levels. ✍️ Are all 5 aspects of your Life, Leadership and Business Strategies clear? If not, sign up for the Lead from Within Challenge found in my Bio or comments below, to sample clarifying these using the Mutedzi 3D protocol. #RemoteWork #BusinessStrategy #RelationshipBuilding #EmotionalIntelligence #ConsciousLeadership

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I had an excellent conversation with Jennifer Galindo from Grupo T21 about current situation of the digitalization of the international logistics chain in Mexico. At comtrade , we are bringing disruptive technology to all importing and exporting companies, regardless of their size. We centralize and automate document management, conducting automated audits. Additionally, we offer #FinancingSolutions, #cargoTransportation, #CargoInsurance, and #OriginInspections, all within the same platform. Excited about the positive impact we are making in the industry! 🚀🚀 🚀 Read the full article in the Grupo T21 post here 👇 👇 👇 #Logistics #Technology #Innovation #Digitalization #InternationalTrade #Fintech #SupplyChain

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With a fresh $15.5 million Series A #funding round, Félix Pago is set to expand its presence across Latin America and the U.S. Using #WhatsApp as the main interface, Félix Pago's chatbot allows for seamless cross-border #transfers, even through voice messages. Recognizing that WhatsApp is the primary communication tool in the region, CEO Manuel Godoy emphasizes its convenience: “WhatsApp is the operating system of the region.” Understanding that many recipients prefer cash, Félix Pago has partnered with local stores in Mexico, Guatemala, and Honduras for easy cash pickups. Leveraging #USDC stablecoin, Félix Pago offers low fees and fast transactions, making it a competitive alternative to traditional SWIFT transfers. Collaborations with Mercado Libre and Nubank have been crucial for growth, contributing to a 30% month-over-month increase in users. The primary users in the U.S. are #Latino professionals in construction, food, and home services, making Félix Pago a vital #financial tool for this community. Félix Pago aims to be more than just a #remittance service. Plans include credit-building products and further expansion into El Salvador, Nicaragua, the Dominican Republic, and Colombia. Félix Pago is not just simplifying #remittances but is also poised to become a trusted financial companion for Latino #immigrants in the U.S. #fintech #LatAm https://lnkd.in/dn3iB-GP

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With a 20% projected growth in the next 4 years, E-commerce continues to offer fertile ground and an important opportunity for innovative startups in Latin America.   Adding value by streamlining processes, improving efficiency & effectiveness, reducing costs, improving customer experience or providing better information to make decisions are some of the needs E-commerce players are eager to find and implement to evolve their operations.   This story published by @techcrunch about @Zubale, a Mexican based startup, exemplifies those good ideas, accompanied by a solid strategy and a strong execution, can materialize on those opportunities.   Having the right local partner to guide you in developing the correct strategy while developing alliances with local expert players is key to succeed in your venture into Latin America.   Are you a european #techstartup looking for international growth? Do you already have a plan in place for #LATAM? Are you partnering with the right local experts that could assist you in that venture?   We build LINKS 🟧 to EVOLVE the business ecosystem between Europe and Latin America #LATAM. 🇪🇺 🔛 🇲🇽 🇨🇴 🇵🇪 🇨🇱 🔶 ----------------------------------------------------------- LINK us Carlos Araujo Cruz & Fernando MAGDALENO ----------------------------------------------------------- EuroLATAM Link - #TECH Division #DoingBUSINESSwithLATAM #businessEXPANSION #businessEVOLUTION https://lnkd.in/epRUmVz4

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El ECONOMISTA By Europa Press Monday, July 22, 2024 “ BIS [International Payments Bank]: Latin America could increase its weight in the global financial system with changes in capital flows Less than a third of the exports of Brazil, Argentina and Colombia are linked to global value chains, compared to 60% in Vietnam. Mexico is in the middle, with 46% of its exports linked to global value chains.” “ The changes in the geography of capital and trade flows that are coming in the next decade could offer an opportunity for Latin American countries to attract more capital, with which they could boost growth and its weight in the global financial system. This is one of the conclusions shared this Monday by the chief representative of the International Payments Bank (BIS) for the Americas, Alexandre Tombini, at the 15th Annual Conference of the Central Reserve Bank of Peru. During his speech, Tombini has analyzed how the geography of global capital flows has changed over the last decade. More and more observers recognize that emerging market economies have an increasing presence not only in economic activity and trade, but also in financial markets. Emerging market economies, including those of the Americas, own a substantial share of the Treasury bonds of the United States and other advanced economies. In addition, regions such as Latin America are home to many multinational companies that operate worldwide and, increasingly, some of them host financial institutions that operate in their respective regions or even around the world. The second change is the result of the recent series of trade conflicts between key economies and an increase in geopolitical tensions. Along with several important structural trends, this has led to a realinment of trade flows and, to a lesser extent, investments.” ….. “ Mexico and Canada (probable relocation destinations) have benefited modestly, but enough for Mexico to surpass China as the main source of U.S. imports by the end of 2023. This contrasts with the losses in the share of US imports from Peru, Colombia, Brazil and Argentina.” ….. https://lnkd.in/gaCjSvjx

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🤩 Imagine having a fintech company working as your digital CFO. That’s Xepelin! 🏆 Xepelin was founded in July 2019 by Sebastian Kreis and Nicolas de Camino, Chilean entrepreneurs and financial experts. Their focus has always been on helping the Latin American economy grow. They soon realized that to achieve this, they needed to support SMEs, the largest source of employment and economic participation in the region. Why are they so great? 😎 ✅ Xepelin operates on a SaaS model designed to help SMEs organize their financial information in real-time. ✅ They have created a financial services platform for SMEs in Latin America, securing $30 million in equity and $200 million in credit facilities. ✅ The team has even developed an AI-driven underwriting engine, enabling real-time loan approval decisions. “Any company in LatAm can onboard in just a few minutes and immediately access free software that helps them organize their information in real-time, including cash flow, revenue, sales, tax, and bureau info — sort of a free CFO SaaS,” said Nicolas de Camino. 🚀 Now, tell me, would you jump on board and become part of team Xepelin? 🙌🏻 Let's cheer once again, like every Friday, for LatAm talent! #startuplife #latamfounders #talent #latamtalent #fintech

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