Latin America's leading e-commerce Mercado Libre reported 49 million fintech customers in the quarter, up 40% year over year.
Exclusive interview with Andrew Seiz, head of finance at Kueski, on the 2024 outlook for consumer lending and Buy Now Pay Later in Mexico.
Mercado Libre booked $262 million in profits, up 113% year over year amid strong e-commerce tailwinds and a growing fintech business.
Despite high interest rates and risks of a reccesion, many BNPL fintech providers now vie to offer loans to the underbanked in Mexico.
After almost a year in the back seat, the fintech law in Chile is now approved in Congress.
Here are the most read news stories from our daily newsletter today: Head of Brazil’s Central Bank Calls for Crypto...
Mercado Libre launched Mercado Coin, its first-ever token that will be initially available in Brazil as part of its loyalty program.
Despite the crypto-winter, Mexican cryptocurrency unicorn Bitso is expanding its reach in Latin America, and they added a QR code feature.
RappiPay announced it has obtained financing for $112 million in credit to increase its service offering and consolidate the RappiCard.
Facing tighter financing conditions, several financial technology companies in Latin America have accelerated mergers and acquisitions plans.