Fintechs in Latin America market high-yield saving accounts to win customers off from traditional financial institutions.
Mercado Libre has seen great success in providing financing to millions of people who struggled to obtain it through traditional lenders.
The "crypto winter" has swept away many investors worldwide. But in Latin America's inflation hotspots, stablecoins are gaining ground.
Mercado Libre booked $359 million in profits from $129 million a year ago, driven by strong e-commerce in Mexico and growing fintech products.
The recent weeks have seen a sharp drop in price across various cryptocurrencies leading to a wave of dismissals across the industry.
The British neobank, serving over 40 million customers globally, has acquired a banking license in Mexico.
Buy Now Pay Later is taking off in Latin America as an alternative for short-term financing and financial inclusion.
Open banking regulation is moving forward with Colombia the latest to announce a plan to develop a framework for sharing financial info.
Pix's massive success has triggered the fraudsters who always go where the action and money are congregating.
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