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DiMo turns one year in Mexico. With this new digital payments initiative, the central bank wants to move on from CoDi´s unsuccessful experience.
Argentine banks sued Mercado Libre for alleged dominant position in the market, while the fintech responded by dennouncing "cartelization".
Nubank executives talk credit strategy in Latam. The fintech has a portfolio of $20 billion comprised of personal and credit card loans.
Exclusive interview with Andrew Seiz, head of finance at Kueski, on the 2024 outlook for consumer lending and Buy Now Pay Later in Mexico.
Mexican fintech Aplazo concluded its Series B funding round, securing $70 million, with an additional $45 million in new equity financing.
Nubank booked $380 million in net income during the Q1 as it benefits from increased cross-selling and a growing customer base.
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Los canales digitales representan el 51 % de las pérdidas por fraude, según un estudio de Forrester Research a pedido de LexisNexis.
Neobank Nubank announced it has reached 100 million customers among its key markets in Latin America, including Brazil, Colombia and Mexico.
Brazilian fintech QI Tech disclosed a valuation above $1 billion following a $50 million Series B round extension.
Latin America's leading e-commerce Mercado Libre reported 49 million fintech customers in the quarter, up 40% year over year.