Moneythor, a personalization engine for financial services providers, has announced its expansion to Latin America. The regional operations will be led by Enrique Ramos O’Reilly, Moneythor’s President Americas, who has 25 years of experience in banking and fintech. O’Reilly previously led Temenos‘ Latin America and… Read More
Several venture capital firms in Latin America are reportedly planning to increase their investments in startups offering loans and artificial intelligence products. According to a report from Bloomberg, these efforts are driven by the region’s potential for financial-technology growth. This focus on Fintech lending and… Read More
AstroPay, a global enabler of digital financial solutions, says that it is redefining financial connectivity in Brazil with its expansion and acquiring a Payment Institution (PI) license issued by the Central Bank of Brazil. This license is from the Central Bank of Brazil, underscoring AstroPay’s… Read More
As Open Banking becomes more popular in Latin America, Prometeo is well-positioned to be a major player in the space. Prometeo’s partners, a provider of a single API connecting businesses to every bank in 11 countries, include Santander, Bancolombia, Banco de México, and Chile’s Banco… Read More
Nisum, a Silicon Valley-based technology consulting partner, made a strategic move to expand its global footprint with a new business hub in Lima, Peru. This marks a significant milestone for the company and is a major boost for LatAm technology. Nisum’s expansion highlights the importance… Read More
Olé Life, a Latin American insurtech company, announced that it has raised $13 million in Series B funding, led by PayPal Ventures with participation from Mundi Ventures, AV8 and Advent Morro. Olé Life explained that is focused on redefining how families access and experience financial… Read More
Bitso, the crypto-driven financial services company in Latin America, has recently marked its 10th year of year operations in 2024 by announcing that its Bitso Retail division has surpassed 9 million users globally, “tripling its customer base in just three years.” As of December 2024,… Read More
Nuvei Corporation, the Canadian fintech, announces the expansion of its partnership with Google to integrate Google Pay, an option now available for merchants across Latin America (LatAm). This collab builds upon the relationship between Nuvei and Google, and complements Google Pay’s availability via Nuvei in… Read More
Nu Colombia (Compañía de Financiamiento S.A.) part of Nubank (NYSE: NU) announces the NuControl Credit Card pilot launch, developed to increase financial inclusion in the country. With a presence in 100% of the departments and more than 95% of rural municipalities, Nu said that it… Read More
Moving funds between nations has become an everyday task for businesses that want to expand operations and are always looking for solutions that allow them to connect with other markets and send funds in an efficient manner. This, according to an update from Bitso. Last… Read More
Nu Colombia, a subsidiary of Nu Holdings, confirms that the Colombian Financial Superintendence (SFC) has formally approved its request to consolidate its account and credit operations under the entity Nu. As stated in the update, this latest milestone, which aims to reinforces its long-term vision… Read More
Unlimit, the global fintech company, has announced its partnership with Pagaloop, a Latin American B2B payments and cash flow management platform. The partnership will aim to focus on strengthening the Pagaloop app’s credit and debit card processing capabilities and ensuring high approval rates to facilitate… Read More
Nubank (NYSE: NU) clients who hold crypto-assets will be able to trade Bitcoin (BTC), Ethereum (ETH), Solana (SOL), or Uniswap (UNI) for “digital dollars” USDC as well as vice versa. The feature, integrated with Nubank Cripto, now reportedly simplifies currency transactions via direct exchange. Also… Read More
Transfero, a Brazil-based stablecoin solution platform targeting emerging markets, will work with Wormhole as an interoperability provider. Wormhole is a firm that provides cross-blockchain interoperability services globally. Wormhole is expected to support Transfero’s stablecoin offerings with its NTT (Native Token Transfer) framework. Transfero flagship stablecoin… Read More
UK headquartered digital bank Revolut announced recently that it has submitted an application to obtain a banking license in order operate in Colombia. This recent announcement by Revolut has been unveiled as the Fintech company aims to boost its presence in Latin America. The new… Read More
Littio, a Colombian neobank focused on addressing the currency devaluation problem for Latin Americans through various dollar-based product offerings, is now using OpenTrade‘s real-world asset (RWA)-backed yield vaults, via the Avalanche network. Via OpenTrade, Littio reportedly provides clients “yield-bearing” savings Pots with returns that are… Read More
Enterprise blockchain firm Ripple’s “end-to-end” payments solution is now available in first Latin America market. Ripple, the provider of digital asset infrastructure, has officially announced the launch of Ripple Payments in Brazil. Mercado Bitcoin, Latin America‘s crypto exchange, will reportedly be the first customer in… Read More
Binance reveals that it has been incorporated into Argentina’s Virtual Asset Service Providers Registry by the country’s National Securities Commission (CNV), marking the digital asset exchange’s 20th regulatory milestone internationally and expanding its suite of crypto and blockchain / Web3 services to Argentina-based consumers. This… Read More
Nasdaq (Nasdaq: NDAQ) announced it has expanded its digital bank financial technology presence in Latin America, having agreed to provide its AxiomSL regulatory reporting solution to Nubank (NYSE: NU), a digital bank with over 100 million customers across Brazil, Mexico, and Colombia. The agreement extends… Read More
To further strengthen its presence in Latin America, Kaspersky is opening new office in Colombia. This move aims to provide an increasing number of the company’s clients and partners in the region with access “to a comprehensive cybersecurity ecosystem, addressing the full spectrum of cybersecurity… Read More
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