Tagged: latin america

January 3, 2025 @ 4:51 pm By Omar Faridi  |  

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

December 13, 2024 @ 10:35 am By Omar Faridi  |  

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

December 9, 2024 @ 11:02 pm By Omar Faridi  |  

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

November 28, 2024 @ 9:38 am By Omar Faridi  |  

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

November 26, 2024 @ 11:24 pm By Omar Faridi  |  

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

November 18, 2024 @ 5:14 pm By Omar Faridi  |  

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

November 16, 2024 @ 6:07 pm By Omar Faridi  |  

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

November 13, 2024 @ 10:00 am By JD Alois  |  

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

October 11, 2024 @ 8:21 am By Omar Faridi  |  

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

October 10, 2024 @ 11:22 am By Omar Faridi  |  

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

October 4, 2024 @ 9:38 am By Omar Faridi  |  

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

October 2, 2024 @ 12:02 pm By Omar Faridi  |  

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

September 24, 2024 @ 10:28 am By Omar Faridi  |  

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

September 2, 2024 @ 11:00 am By Omar Faridi  |  

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

September 1, 2024 @ 5:28 pm By Omar Faridi  |  

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

August 26, 2024 @ 8:30 am By Omar Faridi  |  

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

August 19, 2024 @ 9:49 am By Omar Faridi  |  

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

August 13, 2024 @ 7:12 am By Omar Faridi  |  

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

August 10, 2024 @ 2:30 pm By Omar Faridi  |  

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

July 12, 2024 @ 5:21 pm By Omar Faridi  |  

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