With a focus on money education, fintech companies have a renewed sense of purpose in creating greater financial inclusion for all.
Buy Now Pay Later startups in Latin America could provide a way for lenders to finally reach the underbanked.
Brazil's fintech Nomad took $61 million in a Series-B funding round to expand its portfolio. Tiger Global Management led the investment.
Global neobanks have focused on the regional ecosystem as the fintech sector gained decent size and scale in the past few years.
Mercado Libre has seen great success in providing financing to millions of people who struggled to obtain it through traditional lenders.
These operations had been legally challenged by credit card companies, which currently dominate this type of activity in Chile.
Pix's massive success has triggered the fraudsters who always go where the action and money are congregating.
Nubank announced it was no longer serving its clients with investment advisory, cutting its headcount by 40.
Nubank steps up its game in Latin America by offering remittances in Mexico and securing a new license in Colombia.
Open Finance turns three years in Brazil, and data shows it is growing at a steady pace, with over 40 million consents granted by users.