MICROCAPITAL BRIEF: IDB Lab Accepting Applications from Entrepreneurs in Latin America, Caribbean for WeXchange Women STEMpreneurs Competition, Partner of Google for Startups, Through March 31

WeXchange, a program of the Inter-American Development Bank (IDB) Group’s IDB Lab, recently started accepting applications from female entrepreneurs in Latin America and the Caribbean for the WeXchange Women STEMpreneurs Competition. The competition targets women whose businesses

MICROCAPITAL BRIEF: Centraal, Google, IDB Lab Seeking Applicants for LAC Women Founders Accelerator Program Through September 12

Three organizations recently launched the LAC Women Founders Accelerator Program “for STEM [science, technology, engineering and mathematics] startups led by women in Latin America and the Caribbean [LAC]”: (1) Centraal, “a coworking space, a meeting place, and home to a number of startups” in Mexico; (2) US-based technology firm Google; and (3) IDB Lab, a member of the Inter-American Development Bank (IDB) Group. Twenty startups will be selected to participate in the 10-week program, which includes mentorship; a “Demo Day,” during which entrepreneurs can

MICROCAPITAL BRIEF: Google Pay Partners with Western Union, Wise to Allow US Users to Send Remittances to India, Singapore; Plans to Expand Worldwide

Google Pay, a service of US-based technology firm Google, recently partnered with money transfer companies Western Union and Wise to allow Google Pay users in the US to send money to individuals in India and Singapore. The service does not allow payments from other countries to the US or payments to or from businesses. However,

MICROCAPITAL BRIEF: Google, Inter-American Development Bank (IDB) Invest $12m in Locfund Next to Support Small Businesses in Latin America, Caribbean in Responding to COVID-19

Locfund Next, a debt fund managed by BIM Asset Management, recently received an investment of USD 8 million from US-based technology firm Google as part of USD 200 million Google has committed to support organizations that