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Acceleration – looking beyond Peru (#3)

International expansion has been a major theme of Peru startup ecosystem in 2019. Just a month ago, I posted Acceleration – looking beyond Peru (#2). This month, three more startups stand out for their selection to international programs.

2019 Year in Review

We are coming to the end of a banner year for the Peru startup community. The social movement, which began only this decade, has established a firm presence in the country and the region.

Here are the highlights from 2019:

Startup holiday gift guide

We are into the holiday season and the rush for gift giving is beginning. Purchasing from startups is a way to give a thoughtful gift to a friend or loved one without leaving your house.

Startups going mainstream

We are now used to seeing startups win local entrepreneurship awards. There are more and more events in Latin America that highlight the entrepreneurial ecosystem and give exposure to founders.

Now we are starting to see local Peru startups win awards in local mainstream business events and international startup events.

Power to the people

Don’t be fooled by all the upbeat stories about startups. Disruption is uncomfortable for some. Startups represent real threats to inefficient processes, bad actors and powerful incumbents.

A cell phone is now a tool to help address the gaps in society where government and business solutions have proved insufficient. Startups use technology to give power to everyday citizens and help them solve large societal issues.

¿Porque invertí en Rextie? – Entrevista con Amparo Nalvarte, Culqi

Hace un mes en el Peru Venture Capital Conference, Amparo Nalvarte, CEO y co-founder de Culqi compartió que tomó la decisión de invertir en Rextie, otra startup peruana en el sector de fintech. Rextie es un startup en el segmento de operaciones bancarias relacionados a cambio de divisas, ofrece un mejor tipo de cambio, comodidad y seguridad que otras opciones tradicionales. Rextie ha podido alcanzar USD 500 millones de dólares el volumen operado desde su fecha de inicios de operaciones en enero de 2017, posicionándola como líder en su sector.

Ruta Startup tuvo la oportunidad de hablar con Amparo sobre sus decisión de invertir y cómo ese tipo de inversión “founder a founder” puede impactar la startup y generar un impacto trascendental en la comunidad de startups.

Acceleration – looking beyond Peru (#2)

The number of Peru startups selected for and international acceleration programs continues to grow.

Now or never: Why you should leave your job and launch a startup

What are you waiting for?

There is never a “good” time to leave your job and launch a startup. But for professionals in Latin America, this might be the best time. The current political and economic uncertainty in Latin America is worrying for large corporations. Startups, on the other hand, thrive on solving problems in challenging times.

Here are some reasons why you should take advantage of the current situation in Latin America to launch a startup:

No son “proyectos” “lindos” liderados por “chic@s”

En nuestro afán de querer mejorar el mundo es común querer ayudar a “chicos a llevar a cabo lindos proyectos,” pero en cuanto se trata de una startup, esa frase no guarda relación con la realidad.

Peruvian among WeXchange 2019 finalists

For the third year in a row, a Peruvian founder is one of the six finalists for the annual WeXchange Pitch Competition.

Sully Siucho, co-founder of Rebajatuscuentas.com, will join five other female founders of startups across Latin America at WeXchange 2019 in Paraguay on November 13th and 14th. WeXchange is an event run by BID Lab.