Tagged: latam

Cross-Border Payments: Bitso Business Chosen By Chile’s Andean Wide

Andean Wide —an international payments technology platform— announced that it has chosen Bitso Business —the Bitso B2B segment supporting the technology of cross-border payments— as its infrastructure solutions provider “to apply blockchain technology and expand its cross-border offerings with greater efficiency.” Andean Wide is a… Read More

Brazil’s Digital Bank Nubank Reports Significant Investments Made by Clients in ETFs

Five months after Nubank (NYSE: NU) launched its first index funds (ETFs) through its investment fund manager, Nu Asset, Nu Renda Ibov Smart Dividendos (NDIV11) and Nu Ibov Smart Dividendos (NSDV11) have already “accumulated R$57 million in investments, with R$23 million in NSDV11 and R$34… Read More

Payments Fintech MeaWallet Teams Up with Mexico’s Fondeadora

MeaWallet, a digital payments enabler specializing in card tokenization, announces its partnership with Fondeadora, Mexico’s financial service provider. Fondeadora, renowned as the digital alternative “to traditional Mexican banking, is on a mission to empower individuals by returning control over their finances.” Being among the first… Read More

Aquis Technologies Secures Contract with Central Bank of Colombia

Aquis Exchange PLC is announcing that it has been awarded the contract to provide the Central Bank of Colombia, Banco de la República, with the technology and support services for the operation of its government bond market (Sistema Electrónico de Negociación – SEN). Aquis Technologies… Read More

LatAm Investment Bank BTG Pactual Teams Up with Crypto.com

Crypto.com, which claims to be “trusted” by more than 80 million customers worldwide and the industry leader in regulatory compliance, security and privacy, and BTG Pactual (BTG), the investment bank in Latin America, announced a new agreement to further advance crypto banking services across the… Read More

Brazil’s Digital Banking Platform Nubank Reports $1B+ Full Year Net Profit

Nu Holdings Ltd. (NYSE: NU), one of the largest digital financial services platforms, released its Fourth Quarter and Full Year 2023 financial results. Financial results are expressed “in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS).” David Vélez, founder and… Read More

Amerant Investments Partners with iCapital to Expand US and LatAm Access to Alternative Investments

Amerant Investments, a wholly owned subsidiary of Amerant Bank – the largest community bank in Florida – announced that it has entered into a strategic relationship with iCapital, the global fintech platform driving the world’s alternative investment marketplace for the wealth management industry. This collaboration… Read More

Latin America: Brazil’s Nubank Introduces New Investment Option

Nubank (NYSE:NU) has just expanded its investment offerings by bringing another new option to its customers: starting this week, the CDB IPCA (Certificate of Deposit tied to the Consumer Price Index) will be gradually available to users on the app. With this addition, customers will… Read More

Latin America: Colombian Fintech Bold Reports Series C Round Led by General Atlantic

Bold, a financial technology company enabling access to electronic payments in Colombia, today announced that it has raised $50 million in Series C funding led “by existing investor General Atlantic, a global growth investor, with participation from the International Finance Corporation (IFC), a member of… Read More

Latin America: Digital Assets Exchange OKX to Expand Operations to Argentina

Hong Fan, OKX President, notes that she’s pleased to announce a major milestone in OKX’s global expansion – they have officially launched our leading crypto exchange and Web3 services in Argentina. Given Argentina’s position as one of the “top” crypto markets in Latin America with… Read More

Bitso Releases Data on Crypto Usage with Update on Digital Asset Landscape in Latin America

Bitso —the financial services company powered by crypto in Latin America— released the first edition of its Crypto Landscape in Latin America: Report H2 2023, in which it reveals the importance that “the use of blockchain and crypto assets have gained, both in the region… Read More

NovoPayment, a Payments Infrastructure Provider, Obtains Mastercard Certification

NovoPayment, a mission-critical financial and payments infrastructure provider, announced today that it has received Mastercard certification, as part of the Mastercard Network Enablement Partner program, to switch and process Mastercard transactions in Mexico. The Network Enablement Partner (NEP) program is “a Mastercard initiative that enables… Read More

Latin America: Segura Bank International Now Live with Temenos Core Banking Platform

Temenos (SIX: TEMN) announced that Puerto-Rico headquartered Segura Bank International, Corp. (SBI) has gone live with Temenos core banking platform deployed in the cloud to power a new digital bank for mid to high earners in Latin America. Temenos’ cloud-native platform will “enable SBI, which… Read More

Digital Banking: Nubank Security Feature “Modo Rua” Now Has 1.5 Million Users

Nubank (NYSE:NU), which claims to be one of the largest digital financial services platforms in the world, reaches the milestone of 1.5 million users of “Modo Rua,” a security feature that allows users to set a maximum total value for transactions via Pix, TED, or boleto… Read More

Global Analytics Firm CRISIL Establishes New Office in Colombia to Assist Investment Banks

CRISIL Ltd, which claims to among the leading global analytics companies, has reportedly set up an office in Bogotaì, Colombia in order to “provide its clients, including global investment banks, asset managers and private equity firms an efficient solution for nearshoring critical operations and services… Read More

Coinbase Aims to Share Perspective with Brazil’s Central Bank on Regulatory Framework for VASPs

The Banco Central do Brasil (BCB) is consulting with stakeholders on a future regulatory regime, and Coinbase (NASDAQ:COIN) is pleased to share their perspectives on how to implement a comprehensive regulatory scheme for Virtual Assets Service Providers. Crypto creates economic freedom by ensuring that people… Read More

Brazil’s Nubank Introduces Nu Selic Simples with Focus on National Treasury Bonds

Nubank (NYSE:NU), which claims to be one of the world’s largest digital financial services platforms, announces its newest product developed by Nu Asset: Nu Selic Simples. With a majority allocation in post-fixed public bonds from the National Treasury (LFTs – Financial Letters of the Treasury),… Read More

Kueski, a BNPL Provider in LatAm, Available as Payment Option via Amazon for Mexico based Consumers

Kueski, the buy now, pay later (BNPL) provider in Latin America, has taken a major step forward in expanding financial access for everyday Mexicans and will now be available as a payment option on Amazon.com.mx. As a result, shopping will be more convenient and customers… Read More

Digital Banking: Grupo Financiero Banorte Introduces bineo, a New Virtual Bank in Mexico

Grupo Financiero Banorte, one of Mexico’s largest financial firms, has introduced bineo, a virtual bank that will provide savings accounts as well as personal loans with the goal of onboarding 2.8 million new customers in the upcoming 5 years. Banco Banorte, which is reportedly owned… Read More

Latin America: Cuenta Nu to Help Colombians to Grow Wealth and Achieve Savings Goals

Nu. Colombia Financial Company, a subsidiary of Nu Holdings in the country, announced the opening of the “Launch List” for “Cuenta Nu,” its latest product, which aims to provide Colombians with a savings experience through the market’s “most competitive” offering. Cuenta Nu is a digital… Read More

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