Argentine payments fintech Pomelo secured $40 million in a Series B round led by Kaszek Ventures, taking total funding to over $100 million.
This capital increase reinforces the confidence of shareholders in the development of PicPay's business plan.
One of the most popular payment methods in Brazil, Pix is now set to take over online commerce too, a study by fintech EBANX shows.
Here are the most read news stories from our daily newsletter today: Fintech focused Mouro Capital Joins Mexico’s Digital Freight...
The number of fintechs in Mexico has grown to nearly 1,000 as of 2023, with U.S. startups commanding a lead among foreign fintechs.
Diego Fleischmann co-founded Migrante in 2018, a Chilean fintech aimed at providing financial services to immigrants and the underbanked.
With 132 fintech startups, Peru is coming to life in Latin America as another important hub for financial technology.
Nubank executives talk credit strategy in Latam. The fintech has a portfolio of $20 billion comprised of personal and credit card loans.
Shares of the e-commerce giant jumped 8% on Nov. 4 following the release of third-quarter results on the back of a strong performance of its financial technology division, Mercado Pago.
Latin America's neobanks showed growing profits and robust customer acquisition in the quarter, a sign of resilience amid economic troubles.