After almost a year in the back seat, the fintech law in Chile is now approved in Congress.
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The fintech will operate in Panama, El Salvador, Guatemala, and Mexico, where it plans to become an ally of the region's underbanked population.
Colombian fintech Bold secured $50 million in a series C round led by private equity firm General Atlantic.
Nubank steps up its game in Latin America by offering remittances in Mexico and securing a new license in Colombia.
For many players in this market, the new law brings greater legal certainty for investors and companies working with these crypto assets.
Along the companies trying to soften the crisis impact on their business was Mexico's Bitso, one of the largest crypto exchanges in LatAm.
Buy Now, Pay Later companies are gaining ground in Latin America, with Kueski reporting more than 1 million customers.
Shares of the e-commerce giant jumped 8% on Nov. 4 following the release of third-quarter results on the back of a strong performance of its financial technology division, Mercado Pago.
Barte aims to scale its operations with the bolstered cash, launching a new credit product later this year.