Tagged: South America

ACH Colombia Provides Enhanced Digital Payments Experience with Volante Technologies

Volante Technologies, which claims to be the global leader in cloud payments and financial messaging, announced that ACH Colombia, a financial technology company, “has gone live with a new banking portal featuring a superior digital payments experience aligned with the social media and ecommerce platforms… Read More

Nubank Reaches 70M Customers in Latin America

Nubank (NYSE: NU) reached the mark of 70 million customers in Latin America, “with 66.4 million users in the Brazilian operation, 3.2 million in Mexico, and more than 400 thousand in Colombia.” The company, the fifth largest financial institution in Brazil in number of customers,… Read More

Persona, Serpro to Combat Identity Fraud in Brazil

Persona announced it has partnered with Serpro, the federal government technology company of Brazil. As part of the partnership, Persona has “integrated with Serpro to unlock the ability to validate both PII and biometric information against government data sources.” The joint initiative will enable organizations… Read More

Brazil’s C6 Bank Introduces Carbon, a New Financial Service for High-Income Clients

After reaching the milestone of 20 million accounts opened, Brazil’s C6 Bank has introduced  an “exclusive” service aimed at the high-income segment. Called Carbon, the new service is free of charge and has a new proposal at the bank: the Carbon Partner, a specialized executive… Read More

Brazil’s C6 Bank Offers Discounted Airfares via Atoms Points Loyalty Program

C6 Bank is offering special conditions for the purchase of airline tickets “with Atoms points through the bank’s application.” Between the 24th and 26th of August, the bank’s customers had been able to purchase national and international flights “at different prices through C6 Travel, an… Read More

Prometeo Open Banking Introduces Pan-Regional Account to Account Solution in Latin America

Prometeo Open Banking, which claims to be the leading Latin American Open Banking platform, announced the launch of the first Account to Account (A2A) payments solution in Latin American markets. As noted in an update shared with Crowdfund Insider, Prometeo‘s new payment service “provides a… Read More

Brazil’s C6 Bank Publishes 2021 Annual Report with Focus on Sustainability

Brazil’s C6 Bank notes that this latest update was prepared according to global “best practices” for publishing information on economic, social and environmental impact. In the midst of celebrating its three-year launch, C6 Bank has published the 2021 Annual Report. Available in the Documents section… Read More

Fintech Ripple Introduces Crypto-powered Enterprise Payments in Brazil

Ripple, the provider of enterprise blockchain and cryptocurrency solutions, announced the launch of RippleNet’s On-Demand Liquidity (ODL) in Brazil with Travelex Bank, “the first bank in Latin America to utilize ODL.” Travelex is the first bank registered and “approved by the Central Bank of Brazil… Read More

Latin America based Geopagos Acquires $35M via Round led by Riverwood Capital

Geopagos, the payment acceptance infrastructure that claims to have the most “comprehensive” omnichannel offering in LatAm, recently revealed that it has acquired $35 million in equity funding via a round led by Riverwood Capital, an international investor in high-growth tech firms, along with contributions from… Read More

Everest Teams Up with Bitso to Support Cross-Border Payments

Bitso, the cryptocurrency platform in Latin America with over 5 million users, and Everest, the “first” licensed crypto custodian offering stablecoins, announced their partnership to provide Everest users “with the ability to receive cross-border transactions from the US, Europe, and Singapore into Mexico.” The Mexico-US… Read More

LatAm Digital Commerce Firm MercadoLibre Reports Q2 2022 Financial Results

MercadoLibre, Inc. (Nasdaq: MELI), which claims to be Latin America’s leading e-commerce technology company, reported financial results “for the quarter ended June 30, 2022.” The company hosted an earnings video as well as a conference call and audio webcast “for any questions that investors may… Read More

Digital Banking: Brazil’s C6 Bank Supports Financial Education Initiative

In yet another initiative with the goal of transforming consumers’ financial lives via education, Brazil’s C6 Bank is promoting the second edition of the Financial Expedition, a project that takes free workshops “to communities in small municipalities.” This edition takes place between the 9th and… Read More

Brazil’s Creditas Acquires Banking License, Raises Additional Capital

Brazil’s secured lending platform Creditas is getting ready to expand its product offering, after obtaining a banking license as well as a mortgage marketplace. The company is reportedly acquiring Brazil‘s banking license of Andorra’s Banco Andbank, allowing it to take customer deposits. As part of… Read More

LatAm Digital Asset Exchange Bitso Offers Crypto Remittance Service in Colombian Markets

The Latin American digital asset exchange Bitso has introduced a cryptocurrency remittance service in Colombia. The service, which should enable individual consumers and businesses to send and receive “digital dollars,” is reportedly one of the first crypto-based remittance products offered in Colombia to date, according… Read More

Digital Banking: C6 Bank Clients in Brazil can Make Free Withdrawals with Pix Saque

Brazil’s C6 Bank clients can now make 100% free Pix Saque and Pix Troco transactions across the country. The new functionality “allows operations like these to be carried out in commercial establishments and lottery houses, not just at ATMs, making life easier for users.” Maxnaun… Read More

Visa Introduces Bitcoin (BTC) Cashback Cards in Brazil, Argentina

Visa (NYSE: V) has introduced Latin America’s first crypto cards, through partner firms based in Brazil and Argentina. Working cooperatively with Fintech startups and other companies in the region, Visa will reportedly issue cards that allow consumers to receive Bitcoin (BTC) cashback with each  payment… Read More

Digital Commerce: Bexs Pay Teams Up with Nubank to Serve Brazilian Consumers

Bexs Pay, which claims to be a “pioneer” in offering cross-border transactions, has entered a partnership in order to provide Brazilian consumers with convenient access to global products and services. Bexs Pay will, from now on, be responsible for transfers via NuPay, which is Nubank’s… Read More

Digital Banking: Brazil’s C6 Bank Offers Free Monthly Payments via Atoms C6 Platinum Points Plan

C6 Bank has an “exclusive” promotion for new subscribers to the Atoms C6 Platinum points accelerator plan. Customers of the C6 Platinum card who subscribe to the points accelerator plan “will have the monthly fee charged for the first three months reversed in the following… Read More

Mercado Bitcoin Teams Up with Stellar Development Foundation in LIFT Challenge Real Digital by Central Bank of Brazil, Fenasbac

Mercado Bitcoin, which claims to be the largest exchange in Latin America, has teamed up with the Stellar Development Foundation (SDF) in order to develop one of the nine projects selected for the LIFT Challenge Real Digital, “a collaborative environment carried out by the Central… Read More

Brazil’s C6 Bank Now Includes Full Futures Contracts via its Investment Platform

C6 Bank has announced that it recently added new equity investment options to its C6 Invest platform. From now on, clients who were already able to trade mini dollar and index (Ibovespa) contracts since August last year “can also trade full futures contracts on the… Read More

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