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Grupo Inmovis entered and won Colombian banking conglomerate Grupo Aval’s third annual financial technology innovation challenge, with their mobile real estate app Avanca. “How do I find the perfect house according to my budget?” is the question Inmovis hopes Colombians will...

Colombia will reduce the gap in access to potable water, basic sanitation and electricity services along its Pacific coast with the assistance of a $231.4 loan from the Inter-American Development Bank (IDB). The Pacific coastal region has a population of 1.6 million people, about...

Fitch Ratings’ sector outlook for Andean banks in 2016 reflects diverging trends in the Colombian and Peruvian operating environments on the one hand, and those of Ecuador and Venezuela on the other. ‘While all markets have been sensitive to the decline in commodity...

The global law firm Dentons has announced that it will be establishing its first physical presence in Latin America and the Caribbean, with its intent to combine with Colombia’s Cárdenas & Cárdenas, and Mexico’s López Velarde, Heftye y Soria (LVHS). The announcement follows...

The Inter-American Development Bank (IDB) has unveiled the initial results of a new methodology to measure the costs of traffic congestion and improve understanding of how poor traffic mobility affects the economy and productivity of cities in Latin America and the Caribbean....

ACE Limited announced the leadership team it intends to appoint for the Latin America region of the new Chubb Group’s Overseas General Insurance division, which includes Argentina, Brasil, Chile, Colombia, Ecuador, México, Panamá, Peru, Puerto Rico, Central America and the...

Fitch Ratings today has announced credit rating actions for Medellín, Colombia. As Colombia’s second largest city and economy, the rating action reflects Medellin’s financial strength, its importance in the national context as well as its manageable debt metrics. Key Rating...

Yesterday, Dallas, Texas based Christus Health announced the signing of an agreement with Cali based Grupo Empresarial Coomeva Cooperativa Medica (Coomeva) in Colombia that will lead to definitive agreements in early 2016. Discussions began two years ago between Christus Health,...

Brasil’s Rapiddo has taken a stake for an undisclosed sum in Colombian startup Mensajeros Urbanos, Finance Colombia has learned. The Colombian startup, incubated in Telefonica’s  initiative titled Wayra Colombia, provides express messenger and delivery services, along with a web...

The availability of wireless networks will be key for future development of Machine to Machine (M2M) connections in Latin America – and everywhere else. According to research done on behalf of 4G Americas by Machina Research, in 2014 there were 14.6 million M2M IoT (Internet of...