Ride the smart mobility startup wave in Latin America
By Daniel Bland- December 13, 2022
Twitter?@DanielBlandBiz?GlobalFleet.com?-?FleetLatAm.com
Home to approximately 650 million people, Latin America certainly has a lot of potential when it comes to business startup opportunities and those that fuse?mobility?and technology are among the most popular.
In 2021, a total of 47 unicorns were in Latin America, much related to e-commerce and mobility and this startup wave has continued in 2022. Besides the popularity of e-commerce, cell phones, and the internet in much of the region, local governments are also supporting.?
While Colombia has made it easier for Fintech startups to begin operating by reducing bureaucracy, Peru has kicked off “Startup Peru” which stimulates innovative ventures, Brazil has launched its instant payment system PIX to facilitate business operations, and Chile and Argentina are enacting new laws to boost startup creations.
Of course, there are hurdles to deal with such as bureaucracy, political uncertainty, and inflation which occurs in much of the region. However, as most of us know, wherever there are challenges, there are also opportunities.
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With that said, here are some of the mobility startups to keep an eye on in Latin America, some more established and some which are quite new. They are based on the location of their headquarters.
ARGENTINA
Ualabee?provides mobility solutions through Big Data and AI, integrating routes, public transport schedules, micro-mobility services and ride-hailing operators on the same platform. It is aimed at turning mobility into a safe, efficient, multimodal alternative adapted to the needs of each person.
Also in the country,?KEKO?is an App which allows you to rent a car for as long as you need it, saving you time and money through a simplified payment process which is also environmentally conscious.?
BRAZIL
Offering station-based shared bicycle solutions,?Tembici?is a micro-mobility leader in the region. After launching in Brazil, it has expanded to other countries in Latin America such as Argentina and Chile. See more here...