Neobank Nubank announced it has reached 100 million customers among its key markets in Latin America, including Brazil, Colombia and Mexico.
Destácame already has 4.5 million users and wants to reach 10 million users by 2025, expanding its operation in Mexico.
Brazil's Minister of Finance criticized "stratospheric" revolving credit card interest rates amid a campaign to push through economic reforms.
Ebanx announced the expansion of its operations to the African continent after acquiring an essential presence in 15 Latin American nations.
Hoy en día existe una nueva tendencia que ha llamado mucho mi atención...
Insurtech Betterfly has acquired several regional startups to accelerate growth Recently, it doubled its bet in Brazil by purchasing SeuVale.
Last year, 16 fintechs were authorized in Mexico. Among them, Albo, Belvo, Todito Pagos, Mercado Pago and Femsa's Spin by Oxxo.
This capital increase reinforces the confidence of shareholders in the development of PicPay's business plan.
Neon's fundraising comes at a time when the banking sector has seen default rates increase in Brazil.
With the investment, Portão 3 plans to expand its team and its line of products and services, including corporate credit cards.