Here are the most read news stories from our daily newsletter today: Buffett-backed Nubank hires investment banks to lead IPO...
Nubank has finally reached breakeven, sending bolstering signs that ripple across the regional fintech ecosystem.
Visa pulled the trigger on one of the most significant acquisitions of 2023, paying $1 billion in cash for Brazilian fintech firm Pismo.
AltScore is planning to use the resources raised to boost its integrated credit platform in Latin America.
This capital increase reinforces the confidence of shareholders in the development of PicPay's business plan.
The Mexican operation represents Nubank's second-largest market and is seen as a strategic target in the company's internationalization plan.
Along the companies trying to soften the crisis impact on their business was Mexico's Bitso, one of the largest crypto exchanges in LatAm.
Founded in 2019, Capitual has more than 4.5 million customers and records average monthly transaction volume of nearly $1 billion.
Nubank and Ualá expanded to Colombia to boost customer acquisition. Replicating success in Latin America is no easy feat for digital banks.
Last month, Geopagos left its bootstrap status and took $35 million in funding to grow aggressively into Brazil.