Thanks to improvements in technology, innovative businesses like Melio are bringing B2B payments into the 21st century. This week, Melio launched Real-Time Payments, supported by J.P. Morgan.
The results of a recent Axway survey on open banking in America bode well for its adoption stateside. More than half, 55%, have heard of open banking, with 32% believing they have a decent understanding of it.
E-commerce fintech SellersFi secured a $300 million credit facility from Citi, leveraging the increasing popularity of alternative payments.
Pinwheel’s partnership with payroll provider Workday company One Source Virtual (OSV) ushers payroll into the same convenience levels as other areas of finance. It will also help banks achieve primacy with their customers.
Fintech Clara launched a high-yield payment account in Brazil as it aims to double down on the South American market.
Brazilian QI tech tapped $200 million in a landmark Series-B investment deal, one of the largest rounds in Latin America this year.
Neobank Inter in Brazil has recently reached 30 million customers. Exclusive Q&A interview with CEO João Vitor Menin to discuss strategy.
·
The first big fintech event of the year, Fintech Meetup, is less than three months away. It will feature the largest meetings program in the history of fintech.
Latin America's neobanks showed growing profits and robust customer acquisition in the quarter, a sign of resilience amid economic troubles.
Discover the unique challenges digital lenders face with default payments as well as proactive steps to take to help mitigate the impact.