Banking-as-a-Service (BaaS) is growing in popularity in Latin America and is expected to surpass $2 billion in market size this year.
The fintech ecosystem in Latin America and the Caribbean has doubled in size in the past three years, with trends showing signs of maturity.
With a focus on money education, fintech companies have a renewed sense of purpose in creating greater financial inclusion for all.
LinkedIn's "Top Startup 2022 in Latin America" list highlights the work of the most promising and innovative companies of the year.
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Los canales digitales representan el 51 % de las pérdidas por fraude, según un estudio de Forrester Research a pedido de LexisNexis.
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.
Mercado Pago, the fintech arm of Latin America e-commerce giant Mercado Libre, reported a significant milestone in its fintech business.
E-commerce giant Mercado Libre will invest $3.6 billion in Brazil, with its fintech unit as one of the major growth drivers in Latin America.
Mercado Libre booked $262 million in profits, up 113% year over year amid strong e-commerce tailwinds and a growing fintech business.
Mercado Libre booked $359 million in profits from $129 million a year ago, driven by strong e-commerce in Mexico and growing fintech products.