AGP Executive Report
Last update: 10 hours agoDigital Trade Boost: A new IDB/WTO/World Bank report says digitally delivered services exports in Latin America and the Caribbean nearly quintupled to $87.7B in 2024, and could grow up to 7.9% annually through 2040—helping small firms reach global customers. Fintech Expansion: Nubank will launch U.S. products via partner banks, starting with high-yield savings, credit cards and remittances, with small business accounts flagged for later. AI Lending Scale-Up: Mexico’s Kapital raised $125M to expand its AI-powered banking platform for SMEs, now serving 350,000+ clients across Mexico, Colombia, Spain and the U.S. Tax Relief for SMEs (Mexico): Mexico’s new measures aim to simplify digital paperwork for 4.1M taxpayers, including more frequent ISR payments and a 7% option, plus a zero tax rate for books. Local Business Pressure (Los Angeles): Un Solo Sol, a 16-year-old vegan spot in Boyle Heights, is closing Sept. 28 due to rising costs and industry headwinds. Healthcare Market Access (Costa Rica): Nanox signed a distribution deal with SOLME to market Nanox.ARC in Costa Rica after a required registration POC period. Federal Contracting (Puerto Rico): Fort Buchanan and partners held a roundtable to help local entrepreneurs compete for federal construction work tied to Army readiness. Labor Organizing (Canada): Starbucks workers in Hamilton voted to join the United Steelworkers, citing safety, scheduling, seniority and wage structure concerns. Sports Betting Deal (Mexico): Codere Online became the official betting partner of the NFL in Mexico under a multi-year agreement. Small-Business Risk (U.S. fraud case): A former CEO of a tax compliance startup was charged with defrauding investors out of $13M+ by allegedly faking credentials and revenue.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.