External fact-checking is growing in general and in Latin America in particular, but paying for this work remains a key concern. Fact-checkers in the region, which span commercial media outlets and nonprofit organizations, have taken on different approaches to fundraising.
Lupa, from Brazil, is among the former. Founded as a private company in February 2016, it is primarily funded by João Moreira Salles, the founder of Piauí magazine. On the opposite side of the spectrum, Colombiacheck, a nonprofit project of the investigative reporters’ collective Consejo de Redacción, receives the totality of its current funding from the Open Society Foundations.