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.
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The company, whose main product is a credit card focused on SMEs and startups, is targeting markets in LatAm with more scaling companies.
Fintech startup Jefa has raised a $2 million seed round to build a fintech startup offering digital accounts with a product specifically designed for women living in Latin America and the Caribbean. The company has managed to attract 115,000 women on its waitlist and participated in TechCrunch’s Startup Battlefield last year. Investors in Jefa include...
Flow Networks helps connect the world's biggest payment systems to the consumer at the moment of payment. They use that period to connect with customers via gamification in ways that build retention.
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?
Faster and cheaper payments designed for ecommerce depend on open banking partnerships between fintechs and financial institutions.
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
Startups in the U.S. and Canada are emphasizing features such as virtual issuance and receipt capture in creating expense cards for business owners.
Marcus, who joined Facebook in 2014 from PayPal, ran the Messenger service for years before moving over to form the company’s blockchain division in 2018.