Fintech

Consumers’ responses also showed that they had little idea about the duration for which non-bank finance applications access their data. While 21% believed that once submitted, their data remains always accessible, only 23% were aware that they must manually revoke their consent, or change banking...

For decades, Brazil has had a huge credit problem. It is Latin America’s largest country and has one of the highest interest rate spreads in the world.  To give you an idea of just how bad it is, reports indicated that in 2019, credit card interest rates neared a staggering 300% in Brazil. This is...

EBANX, the payments platform in Latin America, announced on December 15, 2021 that it has acquired Remessa Online, a Brazilian Fintech firm that specializes in international remittance services, 'in a deal valued at $229 million.' With the addition of Remessa Online's expertise and tech, EBANX

The Brazilian company is one of the several startups that are offering management services for SMEs in the region.

Visa is also one of Belvo's investors in its most recent investment round: a US$40 million Series A t

UK-based fintech Rapyd has released the results of a new survey exploring the adoption of digital finance tools and ecommerce in Argentina, Colombia, Mexico, an

Mercado Libre, a tech company and one of the largest digital commerce firms in Latin America, confirms the acquisition of Redelcom, a Chilean firm that has been operating since 2010 as a payment services provider and in October 2019 started providing point-of-sale (POS) terminals with

Brazil-based cryptocurrency fintech Bitfy announced on Thursday that it raised $2.5 million in a Series A round led by US...

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