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
ACI Worldwide, an original innovator in global payments technology, and Mexipay, a leading Mexican financial technology company, have announced the extension of their partnership to enhance Mexico’s real-time payments ecosystem, “with the aim of driving instant payments adoption and boosting economic growth and financial inclusion… Read More
After a first semester of major events in the crypto world (Bitcoin halving , approval of ETH and BTC exchange-traded funds or ETFs, etc.), Bitso —the crypto-driven financial services company in Latin America— released the second edition of its report Crypto Panorama in Latin America:… Read More
Standing as the number one business priority for Nu in 2024, Mexico has proven to be a savvy choice in the company’s international expansion strategy: one year after the launch of Cuenta, the company has already surpassed 8 million customers in the country and $3.3… Read More
Nium is expanding its presence in Latin America by applying for essential licenses, joining key fintech associations, expanding its employee presence, and signing new customers. This continued expansion is a step towards Nium’s commitment to enhancing “the global payments landscape in this strategic region.” This month,… Read More
dLocal, the cross-border payment platform specializing in high-growth markets, today announced its strategic partnership with iTransfer, a cross-border payments company with a significant presence in EMEA, Latin America, and APAC. One of the main challenges users face in emerging markets “is currency volatility, which can… Read More
Nubank (NYSE: NU) customers across Brazil now have access to a new alternative for fuel payment transactions. Users of the Shell Box app, Shell’s platform for experiences, “can now enjoy the convenience of paying for their fuel using NuPay, an online payment method for Nubank… Read More
Chainalysis has shared several key insights from the 2024 State of Cryptocurrency Investigations Report. In 2024, cryptocurrency adoption continues to grow, the Chainalysis team noted while adding that it “enables millions of people around the world to transact without middlemen and take greater control of… Read More
dLocal, a cross-border payment platform specializing in high-growth markets, this week announced its partnership with Eneba, a marketplace with more than 10 million registered users and 80,000 products for gamers. The partnership between dLocal and Eneba aims to create a vector of accessible gaming for… Read More
In an increasingly globalized economic and financial landscape, companies are adopting innovative measures to improve their operations: increasing their speed and reducing costs. This, according to a comprehensive report from Bitso. In this context, Bitso explains that the use of the crypto ecosystem and blockchain… Read More
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