Krisp has announced the launch of AI Accent Conversion for Latin America, making it the first AI-powered voice provider to offer accent conversion services in the region. The noise cancellation app supports five Latin American English accents that represent around 85% of Spanish speakers across the major dialect groups in Latin America. This includes Mexican and Central American Spanish, Caribbean Spanish, Andean Spanish, and Standard Spanish. “By supporting the most widely spoken Latin American English accents, we’re not just improving call clarity but helping to bridge cultural and linguistic gaps
Reddit is bringing its AI-powered translation tool to more than 35 new countries, with plans to rollout the feature across Latin America in the coming weeks. Following a successful introduction in France earlier this year, users in Brazil and Spain are now able to translate posts and comments with a simple click, making Reddit more accessible to non-English-speaking communities. Seamless Translation Across Platforms This new feature allows Redditors to translate posts and comments into their preferred language across all platforms—mobile web, apps, and desktop. A translation icon in the overflow
Meta, the tech giant formerly known as Facebook, is under scrutiny for using public Instagram posts to train its generative AI model without notifying users in Latin America, according to Rest of the World. The company’s decision has particularly impacted artists in the region, who rely heavily on social media to showcase their work but cannot opt out of this data usage. Lack of Notification and Opt-Out Options On June 2, many Latin American artists discovered that Meta had not informed them about its plans to use their public posts
Caliza has secured $8.5 million funding. Founded in 2021 by Ezra Kebrab, the Brazil-based startup transforms cross-border transactions in Latin America through the use of crypto stablecoins. The company recently secured funding led by Initialized Capital, enabling them to expand their innovative payment solutions that leverage Circle’s USDC (USD Coin), according to TechCrunch. “Caliza is building global financial infrastructure that removes borders from commerce,” Kebrab wrote on LinkedIn. “I’m excited to unveil the latest including our recent $8.5M round.” Bringing Speed and Stability to Cross-Border Payments Unlike traditional transfers made
Venture capital (VC) investments in Latin America have reached unprecedented levels, outpacing several emerging US tech hubs, according to Revelo. This shift is driven by a growing talent pool and an increasing demand for services catering to the middle class. Revelo’s analysis, using data from the Latin American Venture Capital Association (LAVCA) and the National Venture Capital Association (NVCA), highlights how Latin America is becoming a significant player in the global VC landscape. Growth In Latin American VC Investments The Latin American venture capital market hit its second-highest level on
Toku, a fintech startup that specializes in recurring payment solutions, has raised $9.3 million in its latest funding round. The funding round was led by Gradient Ventures and supported by existing investors including F-Prime Capital, Clocktower, Y Combinator, Wollef, and Funders Club. This latest investment has now pushed Toku’s total funding to nearly $20 million. Revolutionizing Payment Collections In Latin America Founded in 2020, Toku has become a leading player in the fintech sector by automating the entire payment processing lifecycle. Its platform offers varied payment options, handles customer outreach, and optimizes collection strategies using real-time data. This approach enhances the
10Pearls, a global, purpose-driven digital technology partner, is launching a “Women in Tech” program for Latin American women in Costa Rica on February 10th. Founded by brothers Imran and Zeeshan Aftab, 10Pearls partners with clients to imagine, design, build, and deliver innovative mobile and digital products. The company has a diverse clientele that includes Global 1000 enterprises and high-growth startups and has offices in the US, Costa Rice, Colombia, the UK, Pakistan, and Peru. Women in Tech Program The Women in Tech launch event in Costa Rice will consist of a series of
Leap Financial, a financial services tech company focused on Hispanic and Latin Americans, has launched Lola AI. The new AI assistant coaches recently arrived immigrants to the US, helping them fully integrate. Leap Financial The 2022 Census estimated more than 46 million immigrants live in the US, comprising about 13.9% of the population. Almost 80% of America’s unicorn companies have an immigrant founder or an immigrant in a crucial leadership role, such as CEO. Leap Financial is a team of engineers, designers, and software developers who create and launch innovative
Latine communities start more businesses per capita than any other racial group in the United States. Latine or Hispanic-owned businesses also contribute over $800 billion annually to the nation’s economy. However, they often face challenges accessing the capital, resources, and support needed for the businesses to thrive. For example, in 2022, Latine and Hispanic founders received just 1.5% of venture capital funding, a drop from 2.5% the previous year. So, this Hispanic Heritage Month, we have compiled a list of resources to empower Latine tech founders nationwide! Resources For Tech Founders SoftBank
Hispanic Chamber of Commerce and Tampa Bay Wave have come together to launch the city’s first-ever tech accelerator for Latin Americans. What is the LatinTech accelerator program? Hispanic Chamber of Commerce and Tampa Bay Wave has secured funding to launch the city’s first-ever tech accelerator for Latin Americans. The program aims to provide minority-owned companies with the support they need to scale successfully and remove the barriers against them. “Since the launch of the new Chamber [in 2019], it was our goal to produce a Latin tech accelerator. We thank Congresswoman Kathy Castor for
