To increase the engagement of the fintech's user community, the new product will expand Nubank's internal rewards program.
In Latin America, regulators have shown a growing interest in the technology that powers cryptocurrencies to promote financial inclusion.
Diego Fleischmann co-founded Migrante in 2018, a Chilean fintech aimed at providing financial services to immigrants and the underbanked.
Nomad is expanding its operations and increasing the possibilities for capital allocation to global assets.
After almost a year in the back seat, the fintech law in Chile is now approved in Congress.
For Raízen, the acquisition of Payly represents the first step in developing this payments unit — and a new source of revenue.
Founded in 2018, Ali offers payroll loans to the employees of its partner companies to help reduce their debt.
The case is especially worrisome for startups that offer payment services, such as digital wallets.
Argentine neobank Ualá announced it was moving into the segment, partnering with Mexican incumbent ABC Capital.
With its new investment, Solfácil wants to expand its business in Brazil and lower the cost of domestic energy.