The appearance of Techreo is one of the latest examples of financial technology firms looking to acquire clients at the base of the pyramid.
According to Moni's statement, the fintech plans to use the capital raised to expand consumer credit to the population of Argentina.
Finance minister and frontrunner in Argentina presidential elections announced the digital Peso project, against crypto critics.
Along the companies trying to soften the crisis impact on their business was Mexico's Bitso, one of the largest crypto exchanges in LatAm.
Druo's technology creates an ecosystem that enables B2B users to charge or pay directly to any bank account without having to go through the complex network of financial intermediaries.
Last month, PicPay launched peer-to-peer lending for companies, a major innovation in a bid to enhance the product suite.
Un reciente estudio de Buda.com indica que el 24% de los usuarios de criptomonedas en Colombia, son mujeres.
Across Latin America, fintech lenders are accelerating profitability strategies amid growing pressure from markets to yield profits.
Mercado Pago, the fintech arm of Latin America e-commerce giant Mercado Libre, reported a significant milestone in its fintech business.
Petro, Venezuela's oil-backed crypto is falling. Users are reporting paralysis, little acceptance among the public and a government overhaul.