In Latin America, regulators have shown a growing interest in the technology that powers cryptocurrencies to promote financial inclusion.
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Brazil's Pix has not only reshaped its national payment landscape but also emerged as a catalyst for financial innovation across Latin America, showcasing the potential of instant payment systems. By 2026, Pix is poised to become a dominant force in Brazil's digital economy, reflecting its significant impact on financial inclusion and market competition. Its rapid adoption and innovative features are now inspiring neighboring countries, paving the way for a comprehensive digital payment transformation throughout the region.
Despite fintechs making inroads, a recent survey shows inclusion progress has not been as swift as expected, especially for women.
With the investment, Portão 3 plans to expand its team and its line of products and services, including corporate credit cards.
Mercado Libre has seen great success in providing financing to millions of people who struggled to obtain it through traditional lenders.
Open banking regulation is moving forward with Colombia the latest to announce a plan to develop a framework for sharing financial info.
This week, PicPay, one of the leading digital wallets in Brazil, announced a new acquisition in a bid to gain ground in Brazil's trillion-dollar loan market.
Rappi prides itself on providing anything people want at any time. With such a lofty aim, it is only logical that sooner or later, the company would look to financial services to increase that convenience even further.
The law deals with various aspects of crypto assets, including their issuance and operations of tokenized financial products.