Mercado Libre has seen great success in providing financing to millions of people who struggled to obtain it through traditional lenders.
David Velez founded Nubank in 2013 with the idea of taking on big banks in Brazil and leveraging technology to change how financial products are served in the country radically.
When considering mergers and acquisitions in Latin America, companies better have a well-thought-out strategy before proceeding, a panel of experts agreed at LendIt Fintech LatAm 2021, held Dec. 7-8 in Miami, Fla.
Rappi prides itself on providing anything people want at any time. With such a lofty aim, it is only logical that sooner or later, the company would look to financial services to increase that convenience even further.
Yave, a mortgage and credit fintech that aims to capture the Mexican mortgage market, won the day after an excellent presentation by co-founder and CEO Bernardo Silva. He said he wanted to break into the slow-moving trad marketplace for mortgages and help brokers put the mortgage right into the sales process.
Blockchain-based Figure Technologies has unveiled Figure Equity Solutions, which allows private companies to raise, manage and trade equity on the same platform.
When Kabbage stopped lending in the Spring of 2020, many assumed they would pick up where they left off when they were acquired by American Express. Not quite. Since the deal in August 2020, Kabbage had been repurposed as a checking account service. On Wednesday, however, Kabbage finally announced a return to funding. “Kabbage from...
The proceeds will support Silvergate’s network that facilitates cryptocurrency transactions and a leveraged lending product that provides loans collateralized by bitcoin.
The card network's new cryptocurrency advisory service aims to help financial institutions catch up with companies like Square and PayPal by spotting opportunities to support stablecoins, nonfungible tokens and central bank digital currencies.
The OCC has been working with the CFPB to reform and eliminate overdraft fees in banking, Michael J. Hsu, head of the OCC stated Wednesday.