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Fintech

Fintech
·Dec. 3, 2021

Mercado Pago launches service for buying, selling and holding cryptocurrencies in Brazil

/PRNewswire/ -- In a new stage of its mission to democratize financial services in Latin America, Mercado Pago announced it will launch a servic
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Fintech
·Dec. 3, 2021

Mercado Libre Gets US$275 million To Give Out Loans to SMEs in Mexico and Brazil

The Latin American e-commerce giant will focus on SMEs in Brazil and Mexico, two of its main markets in the region.
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Fintech
·Dec. 3, 2021

Mexico’s Mendel secures $35M to tackle LatAm’s corporate spend management problem

Mendel, a corporate spend management solution for enterprises in Latin America, announced today that it has secured $35 million in debt and equity.  The Mexico-based startup closed the $15 million Series A round and $20 million debt financing after participating in Y Combinator’s Winter 2021 cohort. ALLVP and Infinity Ventures, a firm founded by a...
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Fintech
·Dec. 3, 2021

Is Nubank’s lower IPO pricing bad news for Brazilian startups?

What’s going on with an IPO that was expected to be a key moment for Brazilian tech companies in particular, and fintech upstarts more broadly?
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Fintech
·Dec. 3, 2021

Iris Bank’s Lorenzo Garavito To Present At 2021 Lendit Fintech Latam In Miami

Lorenzo Garavito, president of Iris Bank, the only digital-first bank in Colombia oriented towards the business sector will be presenting...
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Fintech
·Dec. 3, 2021

Bexs, Thunes Bring Real-Time Payments to Brazil

Global payments company Thunes has partnered with digital payments platform Bexs Banco to bring real-time payments to Brazil, helped by the Pix platform.
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Fintech
·Dec. 3, 2021

Open Banking in Brazil: Interview with Itaú Unibanco

Marcos Cavagnoli, Digital Cash Management & Open Finance Director at Itaú Unibanco and Itaú BBA, provides key insights about Open Banking in Brazil and the paths goin
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Fintech
·Dec. 3, 2021

Brazilian Crypto Firm 2TM Raises US$50 Million To Expand in LatAm

2TM wants to enter Chile, Colombia, Mexico, and Argentina through strategic acquisitions.
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Fintech
·Dec. 3, 2021

Global Fintech Jeeves and MasterCard are Providing Fully Locally-Issued Physical and Virtual Cards for Mexico’s Businesses

Mexico is one of the fastest-growing economies in the world, but its local businesses still struggle to access credit without super-high fees and tedious paperwork. Mastercard (NYSE: MA) and Jeeves, the financial partner for Mexican businesses, have teamed up to address this issue by introducing
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Fintech
·Dec. 3, 2021

White Paper: How Direct Data Access Improves Business Lending

Open banking presents new capabilities for business lenders. One of the most notable: Secure, immediate access to financial insights using automation. As data availability and technology advances, bank and non-bank lenders must improve how they assess credit worthiness.
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