Fintech

Bold, a technology company working to enable financial access to electronic payments in Colombia, has raised $55 million in a Series B funding round led by Tiger Global Management. General Atlantic and Endeavor Catalyst joined existing backers Piton Capital, Global Founders Capital, InQLab, Kingsway Capital, Solid Ventures, Grupo Auteco, Amador and Condor Inverlink in participating...

Recognizing that many of the region's consumers are choosing startups, companies like Citigroup, JPMorgan Chase, Goldman Sachs, Santander and Scotiabank are taking stakes in nascent payment providers.

Open Banking in Brazil marked its first anniversary on February 1, 2022 – and the South American nation is looking set to strengthen its position.

The funding followed by Dragoneer, Monashees, and Atlantico is one of the largest Series A rounds ever received by a Latin American insurtech

After hitting the mark of 10 million users in the last year, next wants to grow in 2022 with an independent operation from Bradesco

Colombia is riding some tailwinds that have occurred over the past couple of years in Latin America as investment has poured into the region.

The fintech company Ualá already operates in three Latam markets: Argentina, Mexico, and Colombia. In the latter country, it will seek to double the number of employees by 2022

The Mexican company Nexu doubled the percentage of vehicle loans and is already generating $1 million in recurring revenues per month

Two venture capital funds rose out of the primordial Substack ooze last week, both founded by voices from the fintech industry.

Thursday afternoon, the Boston Federal Reserve and MIT Digital Currency Initiative (DCI) released Phase 1 of Project Hamilton.