Tagged: latam

October 6, 2026 @ 11:45 pm By Omar Faridi  |  

Brazilian Fintech focused stocks jumped sharply in US trading on Monday after the first round of the country’s presidential election left Senator Flávio Bolsonaro narrowly ahead of incumbent Luiz Inácio Lula da Silva, raising the odds of a rightward policy turn before a runoff set… Read More

October 5, 2026 @ 12:27 am By Omar Faridi  |  

Prometeo has expanded its account-checking tools into a broader trust layer meant to give companies more certainty before they send money. The company announced Account Verification Boost on September 29, 2026, combining wider geographic reach, a new risk-intelligence product, and a rebuilt validation engine. The… Read More

September 30, 2026 @ 8:03 am By Omar Faridi  |  

Brazil’s regulated capital markets have taken a notable step toward integrating public blockchain infrastructure. CSD BR, a licensed registrar, central securities depository and settlement system, has launched the first stage of a partnership with Ripple that places selected ownership records on the XRP Ledger while… Read More

September 28, 2026 @ 2:37 pm By Omar Faridi  |  

Brazil’s digital banking platform Nubank (NYSE: NU) is said to currently be holding early conversations about a possible purchase of UK’s Monzo, a move that would give the Latin American digital lender a ready-made platform in the United Kingdom and a foothold for wider European… Read More

September 28, 2026 @ 8:46 am By Omar Faridi  |  

Revolut has secured a key regulatory milestone in Latin America after Argentina’s central bank approved its purchase of Banco Cetelem Argentina from BNP Paribas Personal Finance. The decision, announced by the London-based fintech on 24 September 2026, allows the company to complete a deal first… Read More

September 27, 2026 @ 2:12 pm By Omar Faridi  |  

Latin America’s crypto markets expanded even as global prices collapsed, according to new research from blockchain analytics firm Chainalysis. Over the 12 months ending June 30, 2026, the region recorded $593.8 billion in on-chain activity, a 9.8 percent increase. Worldwide, crypto market capitalization roughly halved… Read More

September 22, 2026 @ 2:19 pm By Omar Faridi  |  

Brazil’s new virtual-asset licensing regime is already beginning to thin the field. With just over a month left in the transition window, local reporting indicates that only five virtual asset service providers have submitted authorization filings to the Banco Central do Brasil. Of those five,… Read More

September 21, 2026 @ 6:27 am By Omar Faridi  |  

Skalar, a New York fintech building an alternative way to fund customer growth at later-stage technology companies, has come out of stealth. The firm began operating in January and went public last week after lining up an undisclosed seed round led by Brazilian venture firm… Read More

September 16, 2026 @ 9:24 pm By Omar Faridi  |  

Mexican federal and state investigators have shut down a concealed cryptocurrency mining site in the mountains of Puebla, seizing hundreds of specialized computers while examining whether the facility stole electricity and helped disguise illicit funds. The property was secured in Tlaola, a remote municipality in… Read More

September 15, 2026 @ 10:48 pm By Omar Faridi  |  

Latin America’s digital bank Nubank (NYSE:NU) has taken another step beyond its home markets. Nu, which already serves more than 140 million customers in Brazil, Mexico and Colombia, has entered a strategic alliance with Swiss digital asset bank Sygnum to support the launch of Nu… Read More

September 15, 2026 @ 7:49 am By Omar Faridi  |  

Nubank (NYSE:NU), which has become one of Latin America’s largest digital banks, has begun offering deposit accounts and a broader set of everyday banking products to customers in the United States. The company, which operates under the parent name Nu Holdings, said the U.S. rollout started… Read More

September 14, 2026 @ 1:26 am By Omar Faridi  |  

Mexican fintech company Kapital has secured $125 million in additional equity and debt financing, positioning the firm to enlarge its artificial intelligence tools and push further into markets at home and overseas. The Mexico City–based lender, which describes itself as one of Latin America’s largest… Read More

September 11, 2026 @ 4:27 pm By Omar Faridi  |  

MoneyGram has introduced a new spending product that turns a dollar-linked digital balance into everyday payments. The company said the MoneyGram Card is now available to eligible users in Colombia, marking the first live market for a Visa-branded card backed by stablecoins rather than a… Read More

September 6, 2026 @ 12:16 pm By Omar Faridi  |  

Chilean cryptocurrency platform Orionx has begun a permanent shutdown of its business after a forensic review uncovered a shortfall exceeding seven million dollars in customer-held digital assets. The company, which for years allowed users to buy, sell, and store cryptocurrencies, posted a notice on its… Read More

July 27, 2026 @ 12:17 am By Omar Faridi  |  

Cybersecurity researchers at Kaspersky have uncovered a series of ransomware assaults targeting businesses in Colombia and Mexico during May and June 2026. These operations stood out for their reliance on built-in Windows encryption tools combined with an unusual tactic: forcing the victims’ own office printers… Read More

July 26, 2026 @ 4:13 pm By Omar Faridi  |  

Cashea, which is one of Venezuela’s financial technology firm, has secured $100 million through two recent funding rounds, drawing interest from international investors who see potential in expanding consumer lending within a long-constrained market. The capital injection underscores growing confidence in the country’s recovering consumer… Read More

July 23, 2026 @ 2:26 am By Omar Faridi  |  

Nubank (NYSE: NU), the Latin American digital finance enabler, has finalized its purchase of 100% of Banco Porto Real de Investimentos. This transaction represents a targeted step in the company’s strategy to broaden its service capabilities and reinforce its regulatory standing in Brazil’s financial ecosystem…. Read More

July 14, 2026 @ 1:40 am By Omar Faridi  |  

Nu Mexico, part of Nubank (NYSE: NU), has secured formal approval to operate as a full-fledged bank. The National Banking and Securities Commission (CNBV) granted the authorization on July 10, 2026, marking the completion of a complex transition and positioning the company as Mexico’s biggest… Read More

July 9, 2026 @ 6:28 am By Omar Faridi  |  

Nubank (NYSE: NU) has reportedly emerged as one of the preferred options for primary banking services among Brazilians, according to the latest Data Nubank report. The research findings, drawn from research by NPS Prism at Bain & Company covering the fourth quarter of 2025, show… Read More

July 8, 2026 @ 7:45 am By Omar Faridi  |  

Tether has announced a $20 million investment in a growth financing round for Mercado Bitcoin, Latin America’s provider of on-chain financial services. The move is intended to accelerate the development of blockchain-based financial infrastructure across the LatAm region, with Brazil positioned as a key hub… Read More