Open Finance is still a new concept in Colombia. However, the country is catching up with a series of regulatory initiatives.
The fintech will operate in Panama, El Salvador, Guatemala, and Mexico, where it plans to become an ally of the region's underbanked population.
Colombian fintechs have been very active in the VC space in 2024, with a number of startups raising over $150 million in funding so far.
The investment, which was made in two parts, will serve to expand Kala's commercial and engineering team, as well as lay the groundwork to take its operations to other parts of LatAm.
Druo's technology creates an ecosystem that enables B2B users to charge or pay directly to any bank account without having to go through the complex network of financial intermediaries.
Colorado passed a law this week that could have a dramatic effect on the ability of fintech lenders to do business in the state.
Concerned about innovation draining from the US many are calling for clear crypto legislation, but what would it take?
Nomad, which offers dollar accounts to Brazilians, will now allow its customers to pay in installments for purchases made abroad.
The responsibility for managing compliance is increasingly falling on fintechs. Here are seven areas where fintechs need to focus.
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Comply Advantage has found that the majority of businesses are bracing for worsening financial crime in 2023.