Nubank's second product in Mexico was well received. Country manager Ivan Canales discusses the market strategy with Fintech Nexus.
Nubank has finally reached breakeven, sending bolstering signs that ripple across the regional fintech ecosystem.
Brazilian digital bank Nu Holdings slashed the targeted price range for its U.S. stock market flotation by about 18% on Tuesday, as a recent global selloff in technology stocks weighs on year-end initial public offerings.
Brazilian fintech QI Tech disclosed a valuation above $1 billion following a $50 million Series B round extension.
Brazilian QI tech tapped $200 million in a landmark Series-B investment deal, one of the largest rounds in Latin America this year.
Saque y Pague will seek to strengthen its regional network and install 2,000 of its self-service terminals in the Colombian market.
Brazil's PayHop announced that it received a R$11.5 (US$2.2) million investment round led by Serasa Experian's investment arm.
In Buenos Aires, presidents Lula da Silva and Alberto Fernandez said a trade common currency would help reduce dependency on US dollar.
The ETF, which trades under the ticker DEFI11, attracted 2,200 investors for a total amount of $10.5 million, about a tenth of the $96 million it expected to capture.
Dock opens offices in seven countries, speeding up to take the lead in banking as a service in Latin America. Read more about it on LABS!