“My approach is the truth and aiming for the truth”. - Letitia Wright (Guyanese actress)
December 19, End Of Day
At the 2024 Building Bridges conference in Geneva, we explored the dynamic impact investing ecosystem in Latin America during our panel with Social Nest Foundation, elea Foundation, and Fundamental. Here are the key insights:
Latin America represents a growing market for impact investors ready to navigate challenges and tap into its transformative opportunities.
Fiweex: Fiweex is revolutionizing business operations in LatAm by digitizing processes and leveraging data analytics to fuel growth. With a robust subscription base across Colombia, Chile, and Paraguay, Fiweex QR codes are scanned over 1 million times every month. Dive deeper into the case ***here.***
Tani: Tani is redefining healthcare delivery as a virtual clinic for medical procedures. With over 700 surgeries performed and a 97% Net Promoter Score. They achieve 20-30% margins through volume pricing from clinics and provide 50-90% of the demand for surgeons. Dive deeper into the case here.
Qurable: Qurable’s innovative approach allows businesses to launch loyalty programs 10x faster, with interoperability between brands and without sharing users’ personal data. They are supported by major enterprises like Adidas, L’Oreal, SkyAirlines, and Despegar. Dive deeper into the case here.
Dive deeper into other fundraising firms in LatAm here.
Argentina: Argentina exited its recession in Q3 2024, with GDP growing 3.9% quarter-on-quarter, marking a key milestone for President Javier Milei’s reform agenda. The rebound follows Milei's austerity measures and deregulation efforts, which have reduced triple-digit inflation and improved investor confidence. Sovereign bond premiums fell sharply to 677 basis points, down from over 2,000 when Milei took office. While consumer spending, investment, and agricultural and mining exports drove the recovery, sectors like manufacturing and construction remain weak. Analysts project 5.2% GDP growth in 2025, but challenges such as lifting capital controls and boosting living standards persist.
Ecuador: Ecuador has completed a $1.5 billion debt-for-nature swap, unlocking $460 million for its Amazon Biocorridor Program. The initiative will protect 4.6 million hectares of protected areas, 1.8 million hectares of forests and wetlands, and 18,000 km of rivers, while boosting climate resilience and community well-being. The deal cuts Ecuador’s debt by $527 million, saving $800 million by 2035, and generates $23.5 million annually for conservation over 17 years. Supported by DFC and IDB guarantees, the program ensures funding for one of the world’s most biodiverse ecosystems.
Latin America: The IDB launched a regional security alliance with 18 Latin American and Caribbean governments to combat organized crime, costing the region 3.4% of GDP annually. Backed by $1 billion in 2025 IDB funding, plans include sharing criminal records, addressing money laundering in the Amazon, and strengthening law enforcement. Mexico and Colombia are in talks to join. Partners include the OAS, CARICOM, INTERPOL, and the World Bank.
Check our recently published insights here. Recent post:
🚀 AI Market Potential in Latin America
💡 Globant's Billion-Dollar Pledge: Globant is investing USD 1 billion to develop AI and emerging technologies, including a new Innovation Center in Brazil.💵 AI Startup Boom: In 2022, AI startups in Latin America attracted $229 million in investments, following a record $874 million in 2021.
🔍 Real Impact vs. Trend: Investors are encouraged to identify AI applications that offer tangible benefits, moving beyond the hype to focus on practical, impactful solutions.
🛠️ Practical Applications: AI is increasingly seen as a tool for achieving specific goals, enhancing services like customer support in banking and beyond.
