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500 Startups welcomes 4 Fintech companies from Latam to their acceleration program Batch 12

August 3, 2020
Por
500 Startups
500 Startups
VC firm on a mission to uplift people and economies around the world through entrepreneurship.
📷
500
For five weeks starting at the end of March, we launched Batch 12 applications for Spanish-speaking Latin America. The results amazed us: nearly 15% more companies applied batch over batch.
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At the beginning of 2020, 500 Startups’ LatAm team had everything planned for the entire year: our goals, deadlines, and investments we wished to make in our region. We had mapped out everything to the last detail. Come March, it became obvious to us and everyone else around the world that COVID-19 was going to make any plan challenging to achieve.

But from our homes in Mexico City, the whole LatAm team decided to stay on track with our plans and work as hard as possible to keep our pace and the start date of our accelerator program.

For five weeks starting at the end of March, we launched Batch 12 applications for Spanish-speaking Latin America. The results amazed us: nearly 15% more companies applied, compared to Batch 11, or 1,957 companies. This was Latin American entrepreneurship at its best.

The pandemic has challenged companies and whole industries, so it is truly encouraging to see thousands of entrepreneurs–real hustlers–rise up to the challenge. This is exactly what drives us to do what we do.

Ten companies from Mexico, Argentina and Chile join us this month for our 16-week program, this time 100% remote. We will offer them the best of our mentor network, and most importantly we will focus on weekly metrics to make sure we are helping our companies to grow their business.

Please welcome to the 500Strong family our Batch 12 in LatAm.

  • Agrapp, Chile: Helps farmers manage their business in a fast and easy way.
  • Chipax, Chile: Cash flow control for SMEs.
  • Circulo de Belleza, Mexico: Community and e-commerce exclusive for beauty professionals in Mexico.
  • Como Quiero, Chile: Daily meal-planning in a couple of clicks.
  • Güeno, Argentina: Automates sign-up requests when companies onboard new customers.
  • Pagaris, Mexico: Financing for online purchases in Mexico.
  • Puramente, Argentina: Meditation and mindfulness app in Spanish.
  • SeeMexico, Mexico: Online travel agency with subscription model and payment installments.
  • Vech, Mexico: Financial services for gig workers in Mexico.
  • YoFio, Mexico: Microcredit app to facilitate purchases at informal corner stores in Latin America.
Las opiniones compartidas y expresadas por los analistas son libres e independientes, y de ellas son responsables sus autores. No reflejan ni comprometen el pensamiento u opinión de Latam Fintech Hub, por lo cual no pueden ser interpretadas como recomendaciones emitidas por la platafomra. Esta plataforma es un espacio abierto para promover la diversidad de puntos de vista sobre el ecosistema Fintech.

At the beginning of 2020, 500 Startups’ LatAm team had everything planned for the entire year: our goals, deadlines, and investments we wished to make in our region. We had mapped out everything to the last detail. Come March, it became obvious to us and everyone else around the world that COVID-19 was going to make any plan challenging to achieve.

But from our homes in Mexico City, the whole LatAm team decided to stay on track with our plans and work as hard as possible to keep our pace and the start date of our accelerator program.

For five weeks starting at the end of March, we launched Batch 12 applications for Spanish-speaking Latin America. The results amazed us: nearly 15% more companies applied, compared to Batch 11, or 1,957 companies. This was Latin American entrepreneurship at its best.

The pandemic has challenged companies and whole industries, so it is truly encouraging to see thousands of entrepreneurs–real hustlers–rise up to the challenge. This is exactly what drives us to do what we do.

Ten companies from Mexico, Argentina and Chile join us this month for our 16-week program, this time 100% remote. We will offer them the best of our mentor network, and most importantly we will focus on weekly metrics to make sure we are helping our companies to grow their business.

Please welcome to the 500Strong family our Batch 12 in LatAm.

  • Agrapp, Chile: Helps farmers manage their business in a fast and easy way.
  • Chipax, Chile: Cash flow control for SMEs.
  • Circulo de Belleza, Mexico: Community and e-commerce exclusive for beauty professionals in Mexico.
  • Como Quiero, Chile: Daily meal-planning in a couple of clicks.
  • Güeno, Argentina: Automates sign-up requests when companies onboard new customers.
  • Pagaris, Mexico: Financing for online purchases in Mexico.
  • Puramente, Argentina: Meditation and mindfulness app in Spanish.
  • SeeMexico, Mexico: Online travel agency with subscription model and payment installments.
  • Vech, Mexico: Financial services for gig workers in Mexico.
  • YoFio, Mexico: Microcredit app to facilitate purchases at informal corner stores in Latin America.
Las opiniones compartidas y expresadas por los analistas son libres e independientes, y solamente sus autores son responsables de ellas. No reflejan ni comprometen el pensamiento o la opinión del equipo de Latam Fintech Hub y, por lo tanto, no pueden interpretarse como recomendaciones emitidas por la plataforma. Esta plataforma es un espacio abierto para promover la diversidad de puntos de vista en el ecosistema Fintech.

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