Open finance is growing fast in Brazil, with progress in regulation paving the way for new opportunities for local fintechs.
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Pix's massive success has triggered the fraudsters who always go where the action and money are congregating.
Nubank announced it had expanded its customer base sixfold over the past year, reaching a total of 2.7 million customers from 0.4 million.
Despite the crypto-winter, Mexican cryptocurrency unicorn Bitso is expanding its reach in Latin America, and they added a QR code feature.
Buy Now Pay Later startups in Latin America could provide a way for lenders to finally reach the underbanked.
Financial arm of the major Brazilian retailer now facilitates cryptocurrency trading for millions of users of its digital wallet, MagaluPay.
Mexican Konfio upsized its borrowing line with Goldman Sachs and Gramercy as it seeks to increase SME lending in the region.
Account to Account payments, or A2A, are gradually making inroads in Latin America. Credit cards dominate the market, but that could change.
Last year, 16 fintechs were authorized in Mexico. Among them, Albo, Belvo, Todito Pagos, Mercado Pago and Femsa's Spin by Oxxo.