Mercado Libre will hire 13,000 new jobs this year, bucking a lay-offs trend. Most of the new employees will be based in Mexico and Brazil.
Mounting cryptocurrency adoption in Latin America is drawing investment capital into the region, signifying that growing interest.
Latin American fintech Kiwi raised $80 million in funding to boost lending to underbanked Latino migrants in the United States.
The central bank of Argentina surprised fintechs this month with a crypto ban which forbades neobanks from offering trading services.
This new investment tripled Menta's valuation, which now plans to consolidate its position in Mexico, Colombia, and Argentina.
With the new investment, Finkargo plans to accelerate the growth of more than 600 companies in the international trade sector.
Betterfly became Chile's third unicorn company after it took $125 million from venture capital investors in a Series C raise.
Lula has a plan for Brazil. But will venture capital investors keep putting resources into the South American country's fintech sector?
·
DiMo turns one year in Mexico. With this new digital payments initiative, the central bank wants to move on from CoDi´s unsuccessful experience.
Revolut, one of the largest digital banks in the world, has announced plans to expand its business to Latin America’s largest markets.










