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.
In a complex scenario for Latin American startups fintechs in Argentina push forward with plans for international expansion.
E-commerce is quickly catching up in Latin America, providing fertile ground for digital payments to proliferate.
Binance announced a partnership with Mastercard this week to launch a prepaid card in Brazil, the second initiative of its kind in Latin America after a previous rollout in Argentina.
Structural digitization gaps in Latin America's business sector will likely lead to long-term value for fintechs providing the necessary infrastructure, according to U.S. growth equity firm Riverwood Capital.
This week, PicPay, one of the leading digital wallets in Brazil, announced a new acquisition in a bid to gain ground in Brazil's trillion-dollar loan market.
Here are the most read news stories from our daily newsletter today: Why Latin American venture capital is breaking records...
As of May 2022, the PIX system had roughly 118 million users, 56% of Brazil's population.
BNPL credit models are growing in Latin America's fintech sector, with major investments recorded even as rising rates deter risk appetite.
Latin American fintech Kiwi raised $80 million in funding to boost lending to underbanked Latino migrants in the United States.