Mobility giant Uber kicks off its fintech business in Mexico, the latest move from the US company to ramp up financial services overseas.
JoinedJun. 9, 2022
Articles219
David is a Latin American journalist. He reports regularly on the region for global news organizations such as The Washington Post, The New York Times, The Financial Times, and Americas Quarterly.
He has worked for S&P Global Market Intelligence as a LatAm financial reporter and has built expertise on fintech and market trends in the region.
He lives in Buenos Aires.
Mercado Libre booked $262 million in profits, up 113% year over year amid strong e-commerce tailwinds and a growing fintech business.
Fintechs in Latin America market high-yield saving accounts to win customers off from traditional financial institutions.
Catering to immigrants became a sizeable business for Latin American fintechs, a segment frequently overlooked by traditional institutions.
Nubank is the top receiver of customer data, outlining fintech's significant opportunities in Open Finance in Brazil.
Fiserv's initiative in Argentina will make Pix available to Brazilians outside their home country for the first time.
Petro, Venezuela's oil-backed crypto is falling. Users are reporting paralysis, little acceptance among the public and a government overhaul.
Brazil has established its central bank as the primary regulator of the crypto economy, potentially a first step toward broader regulation.
Fintech Nexus discussed Walmart's fintech strategy in Mexico with Marcelino Herrera, Chief Financial Services Officer at the retailer.
Visa pulled the trigger on one of the most significant acquisitions of 2023, paying $1 billion in cash for Brazilian fintech firm Pismo.