Javier Milei's deregulation agenda raises hopes in the sector, with rental contracts settled in crypto. But the economy remains in dire shape.
According to Ripio executives, this partnership will allow users of both fintechs to buy and sell cryptocurrencies directly in their respective apps.
Facing tighter financing conditions, several financial technology companies in Latin America have accelerated mergers and acquisitions plans.
With its new investment, Solfácil wants to expand its business in Brazil and lower the cost of domestic energy.
Several LatAm countries moved forward in 2021 with regulatory initiatives seeking to promote competition and data sharing in the industry.
The appearance of Techreo is one of the latest examples of financial technology firms looking to acquire clients at the base of the pyramid.
For Raízen, the acquisition of Payly represents the first step in developing this payments unit — and a new source of revenue.
With the rise of fintech Brazil has seen a more competitive banking system with the largest banks losing market share
In Latin America, regulators have shown a growing interest in the technology that powers cryptocurrencies to promote financial inclusion.
LatAm fintechs have a massive advantage over traditional financial companies: a lack of a robust, cost-heavy physical infrastructure that thwarts cross-border expansion.