Transfeera, a banking-as-a-service provider in Brazil focusing on B2B transactions, raised $ 1.3 million this month in a series A round.
According to the authorization announcement, the new payment institution of Pomelo will be headquartered in São Paulo.
With the investment, Portão 3 plans to expand its team and its line of products and services, including corporate credit cards.
A drawn-out workers’ strike at Brazil's central bank in protest of wage increases is having an unexpected impact on the fintech industry.
QED raised $1B in funding to back fintech startups. Partner Mike Packer talked to Fintech Nexus to discuss its impact on Latin America.
Fintech Nexus sat down with Qik's CEO, the first neobank in the Dominican Republic. Traditional lender Grupo Popular to invest $70 million.
The digital payments ecosystem is rapidly growing in LatAm, and with it, QR code payments are now one of the most used services
RappiPay announced it has obtained financing for $112 million in credit to increase its service offering and consolidate the RappiCard.
Creditas made a bold acquisition in the context of uncertainty, as valuations for many fintechs plunged amid rising rates and volatility.
The central bank of Brazil is gearing up to launch Pix Automatico, a form of direct debit through instant payment system Pix.