Tagged: latam

October 7, 2025 @ 12:16 am By Omar Faridi  |  

Between July 2022 and June 2025, Latin America reportedly recorded around $1.5 trillion in crypto transaction volume, according to an update from blockchain analytics firm Chainalysis. Chainalysis also noted that the trajectory has been volatile but consistently upward: from $20.8 billion in crypto transaction volume… Read More

October 2, 2025 @ 2:05 pm By Omar Faridi  |  

Brazil’s digital banking platform Nubank (NYSE: NU) has submitted an application for a US national bank charter, furthering its focus on international expansion expansion. Currenty active across Brazil, Mexico as well as Colombia, a national bank charter from the Office of the Comptroller of the… Read More

September 28, 2025 @ 4:14 pm By Omar Faridi  |  

Deepening investment in Latin America, Kraken are rolling out local currency funding in Argentina and Mexico, two of the region’s most active crypto markets. This expansion reflects their “ongoing commitment to building trusted, compliant and localized infrastructure to support crypto adoption across the globe.” With… Read More

September 27, 2025 @ 9:14 am By Omar Faridi  |  

As the supporter of Latin America’s leading economic contributor, the Banco Central do Brasil (BCB) is charting a transformative course for the financial sector in the South American nation of Brazil. Recent announcements underscore this evolution: a reflective celebration of five years of Open Finance… Read More

September 23, 2025 @ 1:08 pm By Tony Zerucha  |  

MoneyGram has unveiled a mobile app, introducing a digital, USD-backed stored value account designed to work with both traditional fiat currencies and stablecoins.  Customers will receive funds instantly into a secure USD balance, store those funds and cash out or spend. It will first launch in Colombia…. Read More

September 22, 2025 @ 6:31 pm By Omar Faridi  |  

In a move for cryptocurrency adoption in Latin America, Bitget Wallet, a non-custodial cryptocurrency wallet, announced its integration with Pix, Brazil’s widely used instant payment platform. This innovative partnership, facilitated through collaboration with local licensee Aeon, allows Bitget Wallet users to make direct payments using… Read More

September 21, 2025 @ 2:15 pm By Omar Faridi  |  

Brazil’s digital banking platform Nubank (NYSE: NU) continues to focus on bringing together everyday conveniences with practical financial tools. This week, the company made several announcements: first, with a mobility partnership alongside Uber that aims fo savings and surprises for some its customers, and second, the… Read More

September 14, 2025 @ 5:33 pm By Omar Faridi  |  

Nubank (NYSE: NU) is reportedly millions of customers across Latin America. Recently, the company’s Chief Technology Officer, Eric Young, shared his vision for leveraging artificial intelligence to fuel Nubank’s global expansion and improve financial services. During a recent discussion, Young outlined how AI is not… Read More

September 12, 2025 @ 12:45 pm By Tony Zerucha  |  

Argentinian Fintech Kamipay’s deliberate strategy for providing cross-border, real-time payments in LatAm’s diverse market is successful. The infrastructure enables Argentines to pay with Pix in Brazil directly from their local apps, and that’s just the beginning. CFO and late co-founder Eduardo Dundas said Kamipay has… Read More

September 12, 2025 @ 8:28 am By Omar Faridi  |  

Digital bank Revolut continues to focus on solidifying its position as a global fintech company with a series of strategic moves announced recently. Founded in 2015, the company has grown steadily over the years, now reportedly serving millions of customers across a wide range of… Read More

September 9, 2025 @ 12:33 pm By Omar Faridi  |  

Banco Central do Brasil (BCB) has solidified its position as a global enabler of digital financial services and sustainability with two significant developments: the release of its report on climate risks and social opportunities, and the steady performance of its instant payment system, Pix. These… Read More

September 9, 2025 @ 9:00 am By Tony Zerucha  |  

For Fintechs, LatAm is a region of opportunity, but also significant challenges. With each country seemingly at its own stage of development, there is plenty of work to do on a national level before LatAm can grow as one. Nisum Chile general manager Sebastian Martinez… Read More

September 5, 2025 @ 12:24 pm By Omar Faridi  |  

Nubank (NYSE: NU), one of the largest digital banks, announces that NuCel, its mobile phone service, will begin offering a new Gigabyte (GB) Reserve feature — a Nubank product designed to bring “peace of mind and benefits to its customers.” NuCel payments can also now… Read More

September 4, 2025 @ 2:47 am By Omar Faridi  |  

Digital assets firm Binance has unveiled Medá, a new Fintech entity in Mexico, marking a significant step in its Latin American expansion. Backed by a $53 million investment over the next four years, Medá is set to transform the financial ecosystem by offering cost-effective digital… Read More

September 3, 2025 @ 6:14 pm By Omar Faridi  |  

In a recent cyberattack, hackers recently infiltrated the systems of Sinqia S.A., the Brazilian subsidiary of fintech Evertec, in an audacious attempt to siphon off $130 million. The breach, which has sent shockwaves through the financial technology sector, underscores the growing threat of cyberattacks on… Read More

August 31, 2025 @ 4:27 pm By Omar Faridi  |  

World Network, the blockchain project formerly known as Worldcoin, continues to challenge the boundaries of digital identity and decentralized finance with key updates: the development of a peer-to-peer (P2P) Flashblock propagation layer for its World Chain blockchain and the opening of its flagship location in… Read More

August 28, 2025 @ 3:02 pm By JD Alois  |  

Bitso, a Latin American crypto exchange, has expanded its B2B business, into Peru and Chile, according to a release. Bitso, based in Mexico, said Bitso Business will offer services in those two countries including FXaaS and Pay with Bitso, to enable cross-border and local payments…. Read More

August 25, 2025 @ 2:24 pm By Omar Faridi  |  

Digital bank Nubank (NYSE: NU), which now claims over 122 million customers across Brazil, Mexico, and Colombia, continues to drive transformation in the financial industry through innovative products and strategic leadership changes. The company recently announced several significant updates, including the launch of a Bitcoin… Read More

August 21, 2025 @ 3:21 pm By JD Alois  |  

Bitso, a Latin American crypto exchange, is planning to expand its services into the United States. As the regulatory environment for digital assets improves in North America, Bitso intends to capitalize on this shift by offering services in the US. According to a note from… Read More

August 20, 2025 @ 5:37 pm By Omar Faridi  |  

Nu Mexico, part of Nubank (NYSE: NU), registered an increase of over 50% in its customer base in the last 12 months, and is claiming to be the third largest financial institution in “terms of credit cards issued and the sixth largest in terms of… Read More