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LatAm
·Apr. 26, 2023

Nubank reaches 80 million customers in LatAm, up 33% YoY

Brazilian Nubank reached 79.1 million customers in Latin America by early April. That is up almost 20 million compared to a year ago.
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Expert cybercriminal gaining illegal access to computer network in data center
Fintech
·Apr. 26, 2023

Card hopping and FaaS: Sift report analyzes fraud trends

Fraudsters continue to evolve, with technology making it easier to get started and thrive, Sift's new Digital Trust and Safety Index shows.
Read Full Story
Small Business Store Front With "Come In We're Open" Sign Hanging On Window - Small Business Concept
Lending
·Apr. 26, 2023

Open data could solve America’s poorly understood SMB credit crunch

A warmer embrace of open data could solve America’s small business credit crunch, a new Codat report suggests. That is one finding from America’s SmallBusiness Credit Opportunity, a report conducted with polling from YouGov.
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Belvo
LatAm
·Apr. 25, 2023

Belvo acquires Skilopay to enter payments market in Brazil

This is the first acquisition in the history of the Open Finance platform, which was created in 2019 by Pablo Viguera and Oriol Tintoré.
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Druo
LatAm
·Apr. 25, 2023

Colombian paytech Druo to expand to Peru, Mexico, and the U.S. in 2023

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.
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financial inclusion
Europe
·Apr. 25, 2023

Plend finds UK households’ cost of living strife worsening

In Plend's recent Report, solving the ongoing cost of living crisis was considered critical as the situation deteriorates further.
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App screen grab
Fintech
·Apr. 24, 2023

Pinwheel’s direct deposit Switch 2.0 game-changer for banks and their customers

DDS 2.0 allows consumers to switch their direct deposits seamlessly from one institution to another without paper forms or talking to HR.
Read Full Story
Fundraising
·Apr. 24, 2023

LatAm venture capital funding dropped 70% in Q1

Venture capital funding to LatAm startups droped 70% to $1.3 billion in the quarter, down from $4.1 billion in the year-ago period.
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handshake
Mergers & Acquisitions
·Apr. 24, 2023

Engine by MoneyLion gets quickly up to speed following acquisition

MoneyLion’s recent acquisition of Even Financial (now Engine by MoneyLion) will drive growth for both companies, Engine’s founder said.
Read Full Story
Fintech Weekly News
News Roundup
·Apr. 22, 2023

Top 10 Fintech News Stories for the Week Ending April 22, 2023

Making fintech news this week was Apple, Goldman Sachs, stablecoins, the SEC, MiCA, Coinbase, CFPB, Clerkie, Liberty Bank and more.
Read Full Story
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