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LatAm

Fintech
·May. 5, 2023

Central banks push CBDCs in LatAm as stablecoins take hold

Latam regulators show growing interest in the technology that powers cryptocurrencies. Brazil is to begin pilot tests for its CBDC this month.
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Creditas
LatAm
·May. 5, 2023

Brazilian fintech Creditas cuts losses in Q1 and looks for first profits

According to Creditas' recently released figures, the company recorded a loss of $26 million, a 60% drop from the same period in 2022.
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Fairplay
LatAm
·May. 8, 2023

Fintech Fairplay raises $100 million credit line to support small businesses in Mexico

Fairplay provides technology and financing solutions for e-commerce businesses and marketplace sellers in Mexico.
Read Full Story
Banking
·May. 9, 2023

European neobank Revolut sets foot in Brazil

More than a year after it would expand to Latam, British neobank Revolut has officially launched in Brazil with its global account product.
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Finance Minister of Brazil, Fernando Haddad
LatAm
·May. 10, 2023

How a credit card interest rate cap could affect Brazil’s fintech industry

Brazil's Minister of Finance criticized "stratospheric" revolving credit card interest rates amid a campaign to push through economic reforms.
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Fintech
·May. 11, 2023

Chile’s gig economy fintech Migrante buys lending startup in Colombia

Chile's fintech Migrante to acquire a motorcycle loan startuup in Colombia. It also changed its name to Galgo, or "greyhound" in Spanish.
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LatAm
·May. 12, 2023

Mexican fintechs to grow into SME lending this year

Several of the largest fintechs in Mexico have plans to step up loans to small and medium-sized businesses in the country.
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Fintech
·May. 16, 2023

Nubank shares up 10% as neobank reports record revenue in Q1

Nubank, the largest neobank in Latin America, nearly doubled its revenue in the first quarter to $1.6 billion, up 87% year-over-year.
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LatAm
·May. 17, 2023

BNPL grows in Mexico on the back of e-commerce tailwinds

Despite high interest rates and risks of a reccesion, many BNPL fintech providers now vie to offer loans to the underbanked in Mexico.
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dale! screen grab
Fintech
·May. 19, 2023

Fintech Plurall and dale! to launch microcredit program in Colombia

Plurall and dale! want to expand the supply of credit in the underserved market, providing solutions for small entrepreneurs to prosper.
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