Tagged: latam

Digital Assets : Kraken Expands Access in Colombia via Local Payments Integration

Kraken is announcing that they are now expanding their trading and investing services in Colombia via the activation of local payment rails. Kraken explained in a blog post that the introduction of COP funding reflects their continued investment in building infrastructure enabling individuals to have… Read More

Binance Pay Allows Argentinians to Use Pix for Making Crypto Payments in Brazil

Argentinians visit Brazil each year for various reasons such as work, tourism, and family travel. Now, paying in Brazil reportedly became more accessible, because of a new Binance Pay integration that enables Argentinians to use Pix with crypto. As covered, Pix is Brazil’s national instant-payment… Read More

KuCoin Pay Enters Brazil via Pix, Enabling Crypto Payments

KuCoin, a global cryptocurrency platform, has recently announced that its crypto payment arm, KuCoin Pay, has officially integrated with Pix. This latest move now aims to enable millions of Brazilian consumers to more easily convert and spend more than 50 different cryptocurrencies at nearly any… Read More

Brazil’s Nubank, iFood Partner to Offer Benefits to Clients Paying with NuPay

iFood and Nubank (NYSE: NU) are announcing a partnership in order to offer certain benefits to customers who pay with the Nubank credit card or via NuPay on the iFood app. Beginning on Nov 18, users will be able to take advantage of the offer… Read More

PayQuicker, dLocal Partner to Expand International Payout Orchestration Platform

PayQuicker, the enabler of global payouts orchestration, and dLocal, the cross-border payment platform connecting global merchants to emerging markets, announced the expansion of PayQuicker’s payout solutions into various global regions / jurisdictions. This latest collab aims to further strengthen PayQuicker‘s position as the global payouts… Read More

Colombian Fintech Addi Secures $71M Credit Upsize from Fasanara Capital, Goldman Sachs, BBVA Spark

Fasanara Capital has reportedly increased its credit commitment to Addi, a commerce and financial platform in Colombia, by $11 million as part of a $71 million upsizing of Addi’s credit facilities along with Goldman Sachs. This commitment enhances Addi’s capital position and supports its goal… Read More

Tether Looks Toward Latin America, Invests in Parfin

Digital asset firm Tether has invested in Parfin, according to a blog post. Parfin is a Latin American digital asset trading platform that offers custody and tokenization. The company also provides infrastructure rails for institutional customers. Parfin was founded in 2019 by Marcos Viriato, Alex… Read More

Bitso Reports Crypto Adoption Accelerating in Latin America

Latin America is having a “breakthrough” year in regard to crypto adoption. This is according to the Latam digital asset platform Bitso. Bitso cites data from a recent Coinchange regulatory report stating that Latin American crypto usage increased by 116% in 2024 and by 65%… Read More

Mexico is set to be Latin America’s Next Fintech hub. Here’s Why.

Investment in LatAm Fintech startups reached $6.1 billion in 2022, and the region continues to demonstrate its potential. Latin America used to be dominated by cash and traditional banks, but it has now turned into one of the world’s key markets for digital finance. Brazil… Read More

Open Payments Fintech Spreedly to Support Brazil’s Pix Automático and NuPay via EBANX

Spreedly, a global enabler of open payments, announced support for Brazil’s Pix Automático and NuPay through EBANX, a technology firm specializing in payment services for emerging markets. Via this collab, merchants gain access to two of Brazil’s payment channels through a single integration. This expansion… Read More

Binance Teams Up with the City of Buenos Aires to Enable Crypto Adoption

At Binance, they claim to believe that the next wage of financial as well as ongoing technological evolution hinges on collaboration between the private sector and forward-thinking governments. Consistent with these objectives, Binance announced a milestone in this direction: their partnership with the Government of… Read More

Digital Banking : Brazil’s Nubank Announces Hybrid Working Model for 2026

Nubank (NYSE: NU), which claims to be one of the largest digital financial services platforms in the world, announces that it will implement a hybrid work model starting in July of next year. This latest decision from the digital banking platform follows the last 5… Read More

OpenAI Introduces ChatGPT Go in Brazil and Partners with Nubank to Enhance UX

OpenAI announced ChatGPT Go in Brazil, a subscription plan intended to give consumers improved access to ChatGPT’s more advanced capabilities with a better package when compared to ChatGPT Plus. The version is said to be a lower-cost alternative between the standard and Plus versions and… Read More

dLocal, Alchemy Pay Expand Emerging Markets Payments Partnership

dLocal (NASDAQ: DLO), a payment platform connecting global merchants to emerging markets, this week announced a partnership with Alchemy Pay, a payment gateway connecting crypto with traditional fiat currencies. The collaboration leverages dLocal’s local payment infrastructure to support  Alchemy Pay’s expansion in Latin America, starting with instant bank… Read More

Revolut Now Approved to Introduce Digital Banking Operations in Mexico

Digital bank Revolut, which enables a global fintech platform with over 65 million retail customers today announced it has received final authorisation from the National Banking and Securities Commission (CNBV), with approval of the Bank of Mexico, to commence operations as a Multiple Banking Institution… Read More

OpenFX Explains Why Settlement Speed Is the New Infrastructure Moat

OpenFx noted that just five months back, they came out of stealth at $8B in annualized payment volume. And this past month, they claim to have crossed $20B. Somewhere along that process and journey, the customer conversation fundamentally changed, the OpenFX team claims. At $8B,… Read More

Lumx to Enable Stablecoin and Digital Payments Infrastructure in LatAm

Lumx has raised $3.4 million in a funding round that has been led by Indicator Capital and CMT Digital, along with contributions from Honey Island, Antler, Bitso, Nomad, CAF Ventures (CAFE) and angel investors Arnold Lee, Joshua Weiss, Chuk Okpalugo, Carlos Souza, and Allan Schmitt…. Read More

Onda Finance, Bitpanda, Announce LatAm Partnership

Bitpanda, a provider of crypto investment infrastructure, has partnered with Onda Finance, an international digital payment and investment platform headquartered in Brazil, to provide the technology behind its new crypto offering for wealth and corporate clients. The partnership will allow Onda to offer digital asset… Read More

Brazilian Payments Fintech PicPay Targets $500M in US IPO to Fuel Growth

PicPay, a Brazilian mobile banking platform under the Batista family’s investment vehicle, is reportedly planning a $500 million initial public offering (IPO) in the United States, aiming for a 2026 debut. This move highlights the company’s aim to tap high-potential global markets. Launched in 2012… Read More

Digital Assets Infrastructure Firm BitGo Enables Crypto Banking Platform in Peru

Banco de Crédito del Perú (BCP), which claims to be largest bank and the largest supplier of integrated financial services in Peru, and BitGo, the digital asset infrastructure company, announced the launch of Criptococos, the banking platform in Peru, to allow for the purchase and… Read More

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