Nubank, the largest neobank in Latin America, will introduce USDC to its Brazilian clients, a significant advancement for the stablecoin.
Mexican fintech Kapital raised $40 million in a series-B funding this month and $125 million in debt financing to expand to new markets.
As the crypto wave continues to sweep Latin America, both banks and fintechs are crafting an expanding crypto offering in Brazil.
Investments into Latin American fintechs are expected to pick up in 2024 amid rate cuts in the United States.
Latam fintechs expected to grow into lending in 2024, as a more benign economic environment favors greater risk-taking.
As fintechs gained traction in Argentina, financial access to accounts has become nearly universal, according to a central bank report.
Nubank steps up its game in Latin America by offering remittances in Mexico and securing a new license in Colombia.
Argentine payments fintech Pomelo secured $40 million in a Series B round led by Kaszek Ventures, taking total funding to over $100 million.
Javier Milei's deregulation agenda raises hopes in the sector, with rental contracts settled in crypto. But the economy remains in dire shape.
Mexican fintech Kueski announced a partnership with Amazon to offer BNPL on its marketplace, a first for the retail giant in Mexico.