Nubank executives talk credit strategy in Latam. The fintech has a portfolio of $20 billion comprised of personal and credit card loans.
Two years after its launch in Mexico, Nubank is making progress amid a highly concentrated banking industry.
Nubank, the largest digital bank in Latin America, officially launched Nucoin. It is a free-of-charge token that rewards the most loyal users.
Several of the largest fintechs in Mexico have plans to step up loans to small and medium-sized businesses in the country.
Several LatAm countries moved forward in 2021 with regulatory initiatives seeking to promote competition and data sharing in the industry.
The fintech industry urges the government to expedite the procedure, contending that the current legal framework is impeding growth.
According to Creditas' recently released figures, the company recorded a loss of $26 million, a 60% drop from the same period in 2022.
One of the most popular payment methods in Brazil, Pix is now set to take over online commerce too, a study by fintech EBANX shows.
After several months developing, leading financial group Credicorp launched its digital banking unit iO to cater to young Peruvians.
Here are the most read news stories from our daily newsletter today: Investment in Latin American BNPL startups is increasing...