Tagged: central america

OurCrowd backed ThetaRay Partners with Central America’s Remittance Services Provider AirPak

AirPak, which claims to be a leader in remittance services across Central America, is proud to announce its partnership with ThetaRay, a key player focused on AI-powered transaction monitoring solutions. ThetaRay is an OurCrowd portfolio company that has raised over $23 million on the investment… Read More

Erick Mackinney of Kushki: Fintech Executive Discusses Impact of Modern PSP Acquirers in Mexico and Larger Latin American Paytech Market

Kushki, a Paytech connecting LatAm to digital payments and helping Latin American businesses reduce the costs and complexity of digital transactions, has shared key insights with Crowdfund Insider. Kushki focuses on improving acceptance rates and reducing fraud. The company points out that it has been… Read More

UK Fintech Paysend Introduces Remittance Solution to Drive Financial Inclusion in Northern Central America

Paysend, the UK-based fintech, introduced Paysend Libre, which will “allow unbanked users in Northern Central America (Guatemala, Honduras, El Salvador) to receive remittances from the U.S. instantly to a Paysend virtual Mastercard digital card.” The virtual card is ready “to use in minutes for cash… Read More

Embedded Payments: Inswitch, Mastercard International to Support Digital Transactions

Inswitch, a Fintech technology company with a focus on embedded solutions for banking and payments, and Mastercard International Incorporated have partnered “to design and deliver digital payment solutions and issuing programs starting with selected countries across LAC.” Inswitch will “start issuing cards as a Mastercard… Read More

DFC and Mastercard to Support Financial Inclusion in Central America

On the margins of the Ninth Summit of the Americas, DFC and Mastercard (NYSE: MA) announced the first joint program in response to the Call to Action for Northern Central America the Vice President launched in May 2021. The Call to Action is designed “to… Read More

Remittance Payments to El Salvador can be Improved by Using Bitcoin or Other Crypto Rails Instead of Regular Money Transfers: Report

Nate Maddrey and the other researchers at Coin Metrics have shared their latest State of the Network Report. Published on June 15, 2021, the report from Coin Metrics notes that on June 9, 2021, the El Salvador Congress introduced a bill that officially made Bitcoin… Read More

Central American Fintech Firms Now Involved in Banking, Billing, Crowdfunding, Online Payments, Personal Credit

  Central America is home to many Fintech firms such as Cuanto, Sube, and Klap which specialize in online payments. There’s also Adelantos and Vana which focus on personal credit. Central America based Fintech firms Omni and Cuscatalan are part of the region’s banking sector…. Read More

WorldRemit Announces Partnership With Tigo Money Subsidiaries for Mobile Money Transfers Services to El Salvador and Guatemala

Digital money transfer service WorldRemit announced on Thursday it has formed a partnership with Millicom’s subsidiaries Tigo Money to open up new remittance routes to El Salvador and Guatemala. This new collaboration will notably enable Salvadorans and  Guatemalans abroad to send money transfers instantly to… Read More

Florida Legislature Approves Crowdfunding Bill. Governor Scott Will Sign into Law this Week

Both the Florida state Senate an House passed crowdfunding legislation and the bill has moved to the desk of Governor Rick Scott where it is expected to be signed into law this week. This is not the first time the Sunshine state attempted to legalize… Read More

University of Texas Rolls Out New Campus-Wide Crowdfunding Platform HornRaiser

Seeking to help its students, faculty and staff members raise funds for their projects, the University of Texas in Austin announced the launch of its very own crowfunding platform called HornRaiser. According to the university, students taking full advantage of HornRaiser, which will help garner… Read More

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