Tagged: latam

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

August 18, 2025 @ 4:24 pm By Omar Faridi  |  

Nu Holdings Ltd. (NYSE: NU), the parent company of Nubank, continues to solidify its position as a global leader in digital financial services with a trio of significant announcements that underscore its operational strength, technological ambition, and forward-looking vision. The company’s second-quarter 2025 financial results,… Read More

August 3, 2025 @ 9:53 pm By Omar Faridi  |  

Nubank (NYSE: NU) continues to enhance banking and telecommunications with innovative updates tailored to its high-income Ultravioleta customers and broader user base. In a series of announcements, Nubank has introduced enhancements to its travel eSIM benefit, relaunched its NuCoin rewards program, and expanded its NuCel… Read More

August 1, 2025 @ 2:51 pm By Omar Faridi  |  

FalconX, the institutional digital asset prime broker, announced the next phase of its growth with expansion into Latin America. Now working with some of Latin America’s financial institutions—such as BTG Pactual and Mercado Bitcoin—FalconX is bringing its “full-stack execution and prime brokerage platform to one… Read More

July 27, 2025 @ 8:37 pm By Omar Faridi  |  

BitGo, a digital asset infrastructure company, announces the operations launch of BitGo Brasil Tecnologia Ltda., its Brazilian subsidiary established to reinforce the company’s “commitment to international expansion and alignment with upcoming regulations for virtual asset service providers.” With experience in custody solutions, products, and services… Read More

July 27, 2025 @ 6:14 pm By Tony Zerucha  |  

  JPMorgan’s plans for data tariffs, which run contrary to a growing move to open data, threaten to kneecap Fintechs. Luckily, many industry participants, led by Fintech Sandbox, see a more collaborative path where everybody wins. Co-founder Sarah Biller said that, like most businesses, Fintech… Read More

July 21, 2025 @ 10:33 am By Omar Faridi  |  

Nubank (NYSE: NU), one of the world’s digital banking platforms reporting over 100 million customers across the LatAm region including Brazil, Mexico, and Colombia, continues to enhance digital financial services. The São Paulo-based neobank has recently announced three significant updates that underscore its commitment to empowering… Read More

July 13, 2025 @ 5:25 pm By Omar Faridi  |  

Cobre, a firm supporting real-time business payments in Latin America, says starting in September, it will become the first participant in Colombia to enable instant interbank payments. As a long-time advocate of financial digitalization in Colombia, Cobre seeks to accelerate the interoperable real-time payment system… Read More

July 13, 2025 @ 5:22 pm By Omar Faridi  |  

Propel Venture Partners, a seed-stage venture firm investing in firms participating in the future of finance, announced it has raised a $100 million Fund V, bringing total commitments to over $436 million. Co-led by Jay Reinemann and David Mort, who together bring investing and operating… Read More

July 9, 2025 @ 11:35 am By Omar Faridi  |  

The evolving ecosystem of digital assets presents various challenges for businesses striving to maintain compliance and transparency in their financial reporting. This, according to an update from TaxBit. As cryptocurrencies and blockchain-based assets become integral to global finance, the need for robust, audit-ready accounting solutions… Read More