The number of fintechs operating in Mexico has grown consistently. Progress in financial inclusion, however, has been far less explosive.
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Savvy operators have built contingent products and revenue streams to thrive despite the major economic and market turmoil Even the...
The central bank of Argentina surprised fintechs this month with a crypto ban which forbades neobanks from offering trading services.
Fintechs in Brazil are taking a more cautious approach to credit in the face of rising delinquencies and inflation.
Funding for Latin American fintechs surged in the first quarter, raising hopes that the worst for the industry may be behind it.
Catering to immigrants became a sizeable business for Latin American fintechs, a segment frequently overlooked by traditional institutions.
Fintechs in Mexico draw funding to cater to underbanked SMEs and individuals. Kapital tapped $65 million, while Stori secured $50 million.
FedNow is almost here. Some are concerned innovation for the new payment rail may cause the divide between small and larger banks to widen.
Fintechs in Mexico take on the challenge of competing with banks, in a country that lags most Latin American peers in financial inclusion.
Last year, 16 fintechs were authorized in Mexico. Among them, Albo, Belvo, Todito Pagos, Mercado Pago and Femsa's Spin by Oxxo.