The mastermind behind the accelerator programme Base Camp, Outlier Ventures, the Web3 accelerator, has announced that Bando, Berry Investing, Fact Finance, Loula and IDENTI will be taking part in its Latin America (LatAm) edition.
The LatAm Base Camp is an inaugural accelerator programme dedicated to partnering with Web3 startups in Latin America. It aims to build innovative solutions that address existing challenges, all the while helping to drive sustainable growth and development in the region.
The cohort will get support across marketing advisory, token design, engineering, investment, fundraising and more. They will also receive guidance from the programme’s venture partner, Morgan Creek Digital.
Jon Valero, LatAm Base Camp accelerator lead, Outlier Ventures
Jon Valero, LatAm Base Camp accelerator lead, Outlier Ventures said: “We are thrilled to launch our first LatAm Base Camp focused on growing the Web3 ecosystem in the region. This presents a significant opportunity to support the founders who are not only driving innovation, but also addressing the unique challenges and opportunities of the region.
“It is with great pleasure that we welcome five outstanding teams to the program, where they will benefit from the expertise of Outlier Ventures, our partner Morgan Creek Digital, and the guidance of the mentors supporting the program. We look forward to seeing the progress and the impact these teams will make.”
Xavier Segura, general partner, Morgan Creek Digital
Xavier Segura, general partner, Morgan Creek Digital added: “As Latin America’s Web3 startup ecosystem continues to evolve and mature, we are looking forward to supporting the founders that have joined the programme.”
The selected teams were chosen from applications across the region. The teams are developing applications, products, and protocols that focus on consumer fintech solutions, OpenFI, financial inclusion, and DeFi.
Meet the cohort
Bando, Mexico
Bando is a payments protocol designed to enable spending for on-chain users. By integrating directly with self-custodial wallets and dApps, Bando allows crypto-native users to pay merchants like Amazon and Uber globally.
Berry Investing, Argentina
By leveraging blockchain technology, stablecoins and tokenised real-world assets (RWAs), Berry aims to improve accessibility, inclusivity, and innovation in the retail investing world. Berry allows anyone, regardless of where they are, to invest in Apple, Tesla, or any of the major companies that people use every day.
Fact Finance, Brazil
Fact Finance bridges real-world data to the blockchain. It aids companies in transitioning to the web3 world and empowering protocols by leveraging partnerships with reputable data providers.
Loula, Argentina
Loula combines traditional banking with stablecoin infrastructure. It offers LatAm small to medium businesses (SMBs) fast, low-cost international payments, USD accounts, and trade finance. Its hybrid approach seeks to reduce fees, speed up transactions, and simplify cross-border trading. Consequently, this will provide a scalable and efficient solution for underserved businesses in the region.
IDENTI, Peru
IDENTI offers a decentralised digital identity solution tailored for rural economies. This enables farmers to manage and share data via voice biometric authentication through phone calls. No internet or smart devices are needed.
By reducing the high costs of traditional data collection, IDENTI allows corporations to purchase verified farmer data. All the while, it is empowering farmers to maintain control over their information. Its open-source, scalable approach aims to bridge the digital divide and enhance service delivery in rural areas.
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