SoftBank: Mexico is a more accessible country to invest in than Brazil

RIO DE JANEIRO, BRAZIL – Mexico is one of the leading countries to invest in the private equity market in Latin America; it is even more flexible than Brazil, assured Shu Nyatta, partner of SoftBank Group.

“Mexico is more accessible to invest than Brazil. It is a little more open, and capital funders see these opportunities and can build inclusive businesses,” added the investment expert during his participation in the Private Equity Summit 2022, organized by the Mexican Private Equity Association (Amexcap).

He even emphasized that, from the culture, language, and regulatory framework, Brazil is a “more complicated market, like China, where locals can win, but foreigners cannot”.

He said that “Chileans, Argentines, Venezuelans, Colombians, all see Mexico as the number two market, sometimes even as the number one market”.

Shu Nyatta considered that, although Mexico and Brazil are countries with the largest populations in Latin America, they have enormous problems to solve and present different challenges.

SoftBank Group is a fund that has Mexico as one of its investment destinations, as it has invested in “unicorn” companies (so named because they have a valuation of more than US$1 billion) and startups such as Kavak, Bitso, Clip, Konfío, and Clara, among others.

Scott Sobel, a co-founder of the firm Valor Capital (TBC), participated in the same panel, highlighting that Mexico’s attraction is talent. “Talent is the key to investing in Mexico, especially when we invest in the early stages. Now we are taking advantage of the opportunities,” he said.

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