NEW YORK, NY / ACCESSWIRE / October 5, 2020 / Nicola Palacios is a Latin American professional businessman and entrepreneur who teaches people how to become leaders and achieve financial freedom. He is the pioneer of a different kind of business model.

“I’m a network marketing professional focused on teaching people how to be leaders and developing huge networks that produce mass sales.” Nicola shares.

Not being able to lean on his parents for financial support at an early age, this motivated Nicola to seek financial freedom for himself, which for him means having a continuous and secured income that can sustain his basic needs and lifestyle without his active effort.

“I was an extremely introverted and shy person, so I had to transform myself and grow from this identity to be successful.” Nicola says.

Part of his transformation included dedicating his time to reading and learning as much as

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SÃO PAULO, Oct. 1, 2020 /PRNewswire/ — Telecommunications and cloud services integrator Sencinet officially begins operating today through a network that offers high-capacity connectivity across Latin America. The project is result of the acquisition of the Latin America domestic operations of BT by CIH Telecommunications Americas LLC (‘CIH’), an affiliate of The CIH Group, a global private equity firm based in Washington D.C. and Singapore.

Sencinet starts its operations with 500 employees distributed in 16 countries and a business which delivered revenue of USD150m (GBP110m) to BT in fiscal year 2018/19. The new company connects more than 25,000 locations across Argentina, Brazil, British Virgin Islands, Ecuador, Chile, Colombia, Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama and Peru and the United States. Its client portfolio of around 400 companies

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Latin America’s e-commerce industry is booming as millions of shoppers across the region venture online during the pandemic, many for the first time, forcing traditional businesses to adapt to survive.

The sector has been one of the big winners of the coronavirus outbreak as fears of infection and lockdown measures keep people at home.

“Covid-19 has been an accelerator of trends, and in electronic commerce it has been very powerful,” said Oscar Silva, an expert in global strategies with the consultancy firm KPMG in Mexico.

“More than 10 million Latin Americans who had never bought online now do so regularly,” he told AFP.

The dominant regional force is not Amazon or eBay but Mercado Libre, which has a similar business model and is present in 18 countries.

Despite the economic turmoil unleashed by the pandemic, the Argentinian company doubled its sales in the second quarter of this year thanks to

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This is the final post in the series exploring how fintechs have tackled inequality. While part two examined how biases and systemic discrimination persists in AI and mortgage lending, part three concludes with a spotlight on a region that has come to the forefront in the fight to narrow the income gap: Latin America.

Fintech in Latin America has been grown exponentially

Fintech investing in Latin America reached all-time highs in 2019. According to research from CB Insights, “In 6 years, Latin America fintech funding has grown from less than $50M to top $2.1B across 139 deals.” Fintechs in the region received an impressive 31% of total funding. This exponential increase was driven by three key factors: an improved regulatory environment, strong foreign investment, and huge technological

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Brazil and Mexico are leading Latin America out of a deep coronavirus-induced slump but chronic economic weaknesses will keep the region as the worst performer in the developing world.

Latin America has been the global epicentre of the pandemic since early June, accounting for more than 40 per cent of the world’s new Covid-19 deaths despite having only 8 per cent of the population.

The scale of the crisis has dealt a huge blow to already sickly economies. While Brazil and Mexico took a more laissez-faire approach to coronavirus, most of Latin America’s other economies were crippled by strict lockdowns lasting far longer than those in Europe or Asia.

Eric Parrado, chief economist at the Inter-American Development Bank in Washington, said the region was unusual in global terms because it had to deal with a “triple sudden stop” — a halt to human activity from lockdowns and travel restrictions, the

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Executive Summary

  • Arca Continental (OTCPK:EMBVF) (OTCPK:EMBVY) is slightly overvalued with 10% downside to the 2025 base case FVPS.
  • It has exclusive rights to manufacture and distribute Coca-Cola products in Mexico, the United States, Peru, Ecuador, and Argentina. The company also has a snacks business in Mexico, the United States, and Ecuador.
  • Over the last five years, the Mexican business (39% of 2019 sales) grew revenue at an annual rate of 9.8% with volume growing by 3.9% per year and average selling price (ASP) increasing by 5.7% per year. Arca’s Mexican business was also very profitable with a five-year average return on assets (ROA) of 17.4%.
  • The United States business (33% of 2019 sales) is two adjacent territories that were both acquired in 2017 for MXN38.9 billion, which equals 0.75 times revenue and 9.9 times operating income. In 2019, the US business grew sales by 5.6% driven by increases in ASP.
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