Facebook is launching a WhatsApp-based digital payments service for the messaging app’s 120m Brazilian users; users will be able to...
PicPay stated that, before reaching the market, the solution went through tests for eight months with 10,000 company and partner employees.
The agreement for the acquisition of NetPay had been announced in November 2022. FEMSA had owned minority shares in the fintech since 2019.
Nubank announced a partnership with Arcus by Mastercard to incorporate cash deposits into its offering in Mexico.
With the new investment, Finkargo plans to accelerate the growth of more than 600 companies in the international trade sector.
Fintech Clara launched a high-yield payment account in Brazil as it aims to double down on the South American market.
Mexican fintech Cometa raised $5 million in a seed round to cater financial services to education institutions in Mexico.
Credit granted by fintechs in Brazil reached 55 billion reais in 2021, up tenfold in the 2016-2021 period, according to Serasa Experian.
Fairplay provides technology and financing solutions for e-commerce businesses and marketplace sellers in Mexico.
Franq's Series A extension was led by Quona Capital and had the participation of Globo Ventures and Valor Capital Group.