The acquisition will help the Argentinean unicorn to become a solid fintech competitor in Mexico.
Latam Fintech PayU says it will hit $8 billion and 300 million transactions in 2021. PayU says it has experienced an 80% user growth since 2019. PayU is a is the payments and Fintech business of Prosus and a leading online payment service provider, operating
The new office will serve as its first in Europe and will be operational in March, initially staffing up to 50 by the end of next year.
Backed by Tim Draper and other investors, the fund is aimed at LatAm founders anywhere that are working in industries like biotech and crypto.
This week saw three fintech firms representing payments, debit, and credit post results. Although each saw momentous growth year over year, in some cases, it was not enough to outpace expectations after this bull run of a year for fintech.
Shoppers are all set to head back to physical stores this holiday season. Klarna’s 2021 Holidays Unwrapped report finds that 30% of consumers plan to shop primarily in-store, while 27% want to do a mix of online and in-store shopping.
Increasingly consumers want solutions to their money challenges and they don't care if it comes from a bank, a fintech or some combination.
JUMO, a South Africa- and London-based company that offers financial services to entrepreneurs and businesses in emerging markets, has raised $120 million in a new round of funding led by Fidelity Management & Research Company. The company is now valued at $400 million, according to The Times. The round, which marks Fidelity’s first investment in...
Building on my recent thoughts, I cannot for the life of me understand how a bank can spend so much on technology and yet be so inefficient. By way of example, let’s take a bank cost-income ratio. That’s the measure of how much a bank spends to operate, and the …
"I think we have to really think long and hard before we put some onerous regulatory regime on a new technology," the Republican senator from Pennsylvania said.