AGP Executive Report
Last update: 9 hours agoPayments & Fintech: PXP teamed with OKTO Payments to connect locally operated payment rails across Brazil, Mexico, Colombia, Chile, Peru and Argentina, aiming to speed instant pay-ins/payouts and simplify compliance. Consumer Credit: Brazil’s consumer loan delinquencies hit a record in August as borrowing costs rose and riskier credit grew, with the government’s Desenrola 3.0 debt renegotiation program set to target overdue credit-card and personal loan balances. EV Charging: S2G Energy’s EV Sync joined Hubject’s intercharge ecosystem in Mexico, starting with POI data visibility and paving the way for broader interoperability. Retail/Brand Moves: Pottery Barn launched a new collaboration with Big Daddy’s Antiques, while luxury cosmetics demand stayed resilient, with Latin America showing strong prestige growth. Food & Sustainability: Edible insects got a spotlight again, including research on cockroach “milk” as a protein source. Energy & Infrastructure: CATL will supply a 313 MW/1,639.45 MWh battery system for Mexico’s La Alegría Solar project, targeting major storage scale. Travel & Hospitality: Airlines are pushing to mitigate Brazil’s tax reform impact on fares, with uncertainty affecting ticket sales.
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