Tagged: latam

March 26, 2022 @ 9:30 pm By Omar Faridi  |  

Plurall, a Colombian Fintech firm that’s focused on enhancing the financial inclusion of Solopreneurs in Latin America, finalized a pre-seed round by securing $1.5 million in equity and $10 million debt financing, marking a key milestone for entrepreneurship in the region. Supported by well-known investors… Read More

March 22, 2022 @ 4:38 pm By Omar Faridi  |  

Gaming Fintech ZEBEDEE recently announced a new integration with Bipa, a Bitcoin Lightning exchange service for the Brazilian markets. The integration makes converting Bitcoin earned in games into Brazilian reals and moving it into a Brazilian bank account “literally a matter of seconds.” It is… Read More

March 11, 2022 @ 12:43 pm By JD Alois  |  

Stellar Development Foundation, MoneyGram International, Inc. (NASDAQ: MGI), and Techstars, have announced a partnership to recruit founders globally who are focused on tech innovation in areas such as blockchain and digital payments to further streamline cross-border payments and support financial inclusion. The partnership builds on the… Read More

March 11, 2022 @ 8:17 am By Omar Faridi  |  

EBANX, a payments Fintech with an international presence, has introduced a brand new positioning and design. Created in “celebration” of its 10-year anniversary in February, the latest branding “marks the expansion of the company’s global teams located in regions such as Asia, Europe, and the… Read More

March 9, 2022 @ 8:36 pm By Omar Faridi  |  

Paysend, the card-to-card pioneer and international payments platform, announced that its U.S. customers may send funds “directly to eligible Mastercard cards in over 60 countries, including Mexico, Guatemala, Dominican Republic, Honduras, El Salvador and Colombia, as well as within the U.S.” Recipients will generally see… Read More

March 2, 2022 @ 4:26 pm By Tony Zerucha  |  

99minutos, a provider of logistics services for e-commerce vendors across Latin America, today announced a $82 million funding round led by OAK HC/FT, with participation from existing investors Kaszek and Prosus Ventures. Since its last funding round in May 2021, 99minutos’ operation and business have… Read More

March 1, 2022 @ 5:45 pm By Omar Faridi  |  

Tribal, a B2B payments and financing platform for emerging markets, recently announced a partnership with Visa (NYSE: V). The partnership will aim to increase Tribal’s issuance of business credit cards in Mexico, Brazil, Colombia, Chile, Peru, Argentina, Panama, Uruguay, and the Dominican Republic to “create… Read More

February 28, 2022 @ 11:30 pm By Omar Faridi  |  

Globally, 84% of consumers agree that they should “have control of their financial data, and banks should not prevent the movement of money between other financial services.” These are the principles that are the “basic tenets of open banking,” according to an update shared with… Read More

February 27, 2022 @ 7:34 pm By Omar Faridi  |  

C6 Bank clients who have a global account with a US dollar or Euro balance are now able to withdraw cash from Chase ATMs free of charge beginning on February 24, 2022. The ATM network is available in the US and has over 16,000 units… Read More

February 26, 2022 @ 10:31 am By Omar Faridi  |  

LatAm Fintech Belvo notes that enrichment products are able to offer out-of-the-box insights based on clients’ transactional data in order to enhance decision-making and allow firms to better understand customers. But how do these products work and what can you build with them, the team… Read More

February 23, 2022 @ 1:37 am By JD Alois  |  

Singapore-based Thunes is opening an office in Miami to expand into Latin American markets. Thunes is a payments Fintech that currently supports 79 currencies and 126 countries. Thunes also has established regional offices in London, Paris, Shanghai, New York, Dubai, and Nairobi. Thunes recently boosted its… Read More

February 22, 2022 @ 12:43 pm By Omar Faridi  |  

Bit2Me is joining forces with Axie Infinity. At Bit2Me, the first VASP approved to offer services in Spain, they have entered an agreement with Axie Infinity to be their “reference partners” in Spain, Portugal, and Latin America. In addition, they’ll be supporting events organized by… Read More

February 22, 2022 @ 1:18 am By Omar Faridi  |  

UK Fintech Transact365 has introduced its payments platform in Latin America, a move the firm said makes it one of the LatAm area’s biggest alternative finance platforms. The move allows for cross-border and local digital commerce transactions using local payment methods such as PIX and… Read More

February 16, 2022 @ 3:56 pm By Omar Faridi  |  

The business sector is facing an influx of innovation: changing consumer behavior and preferences, digital transformation as well as geopolitical shifts. In order to assist businesses with evolving and supporting their growth enterprise-wide, Mastercard (NYSE: MA) announced that it is expanding its payments-focused consulting service… Read More

February 15, 2022 @ 5:08 pm By Omar Faridi  |  

BBVA (NYSE: BBVA) has reportedly agreed to invest $300 million (around €263 million) in Neon, a Brazilian digital bank founded in 2016 that aims “to improve access to financial services for individuals, self-employed and small businesses in its country.” Neon claims 15 million registered accounts…. Read More

February 11, 2022 @ 3:37 pm By Omar Faridi  |  

EBANX, the payments platform in Latin America, is celebrating 10 years since its founding as it closes in on a key milestone of 1 billion transactions processed across 15 different countries. The Brazilian Fintech firm, co-founded by Alphonse Voigt, João Del Valle and Wagner Ruiz… Read More

February 10, 2022 @ 5:51 pm By Omar Faridi  |  

Surecomp has announced that Banco Pichincha – Ecuador’s financial institution with $4.5 billion in assets – has chosen its trade finance processing tech for front-to-back-office operations. The bank will deploy Surecomp’s Cloud-enabled Trade Finance-as-a-Service (TFaaS) solution “to support the growth of current and future trade… Read More

February 8, 2022 @ 8:21 pm By Omar Faridi  |  

Newt Corporation, an integrated platform for digital financial services, announced that it has entered into a service agreement with Belvo Open Banking API Platform to service its lending-as-a-service (LaaS) offering across North America. Under the terms of the Agreement, Belvo offers Newt with a tech… Read More

February 5, 2022 @ 4:19 pm By Omar Faridi  |  

EBANX, a payments Fintech with an international presence, announced the appointment of Paula Bellizia as the Brazilian unicorn’s partner and president of Global Payments. She will be responsible for leading the Fintech company’s international teams of Sales, Marketing, Operations and Expansion, presently located across the… Read More

February 4, 2022 @ 3:26 pm By Omar Faridi  |  

Tribal, a B2B payments and financing platform for emerging markets, has secured $60M in Series B funding led by SoftBank Latin America Fund. Coinbase Ventures also participated in the investment round, which included contributions from existing investors BECO Capital, QED Investors, and Rising Tide. In… Read More