Mexico's Kapital announced an expansion into Colombia, fueled by a $100 million credit line from Sivo, a debt-as-a-service company.
Syncfy's platform enables API access to financial data from more than 125 different financial institutions in LatAm.
Nubank, the largest neobank in Latin America, will introduce USDC to its Brazilian clients, a significant advancement for the stablecoin.
Marco, a fintech startup lending to exporters in Latin America, secured a $200 million line to expand its financing business.
DriveWealth struck a partnership with investment platform Sproutfi that will allow companies to service Latin Americans investing in the U.S.
Shares of Nubank have weakened since its initial public offering, losing some $20 billion in market value since it went public.
Banking-as-a-Service (BaaS) is growing in popularity in Latin America and is expected to surpass $2 billion in market size this year.
The "crypto winter" has swept away many investors worldwide. But in Latin America's inflation hotspots, stablecoins are gaining ground.
Argentine payments fintech Pomelo secured $40 million in a Series B round led by Kaszek Ventures, taking total funding to over $100 million.
·
Los canales digitales representan el 51 % de las pérdidas por fraude, según un estudio de Forrester Research a pedido de LexisNexis.