Apple Pay goes live in Mexico as issuer-processor Paymentology partners with Fondeadora to expand payments in the North American country.
Mexican fintech Clara secured a $90 million debt facility as it plans to grow its footprint in South America.
Mexican Konfio upsized its borrowing line with Goldman Sachs and Gramercy as it seeks to increase SME lending in the region.
Account to Account payments, or A2A, are gradually making inroads in Latin America. Credit cards dominate the market, but that could change.
These funds should allow Blipay to expand its credit line in the payroll anticipation sector — where it seeks to become a relevant player.
In two years, Spin has quickly carved out a place of itself as one of the most relevant fintech players in Mexico.
Kueski, a BNPL fintech in Mexico, broke its loan disbursement record this month as it hit 10 million loans and $1.6 billion in transactions.
Marco, a fintech startup lending to exporters in Latin America, secured a $200 million line to expand its financing business.
This is the Buk's second round of financing after having its $50 million Series A in October 2021, led by Greenoaks and SoftBank LatAm.
Chilean Datamart raised $6.3 million in a seed round to expand into Mexico. Moonvalley Capital led the funding.