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LatAm

LatAm
·Apr. 26, 2023

Nubank reaches 80 million customers in LatAm, up 33% YoY

Brazilian Nubank reached 79.1 million customers in Latin America by early April. That is up almost 20 million compared to a year ago.
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LatAm
·Apr. 5, 2023

Mexico’s banking major Banorte to launch digital bank Bineo

Mexico's Banorte will launch neobank Bineo by late this year or in early 2024. It aims to add 3 million clients and operate independently.
Read Full Story
LatAm
·May. 21, 2024

Brazil’s Nubank profit surges to nearly $400M in Q1 2024

Nubank booked $380 million in net income during the Q1 as it benefits from increased cross-selling and a growing customer base.
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Fintech
·May. 5, 2023

Central banks push CBDCs in LatAm as stablecoins take hold

Latam regulators show growing interest in the technology that powers cryptocurrencies. Brazil is to begin pilot tests for its CBDC this month.
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Capitual
LatAm
·Feb. 14, 2023

Capitual raises $16 million in funding from Azimut to expand operations

Founded in 2019, Capitual has more than 4.5 million customers and records average monthly transaction volume of nearly $1 billion.
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PicPay card
LatAm
·Feb. 9, 2023

PicPay buys fintech to forge ahead in Brazil’s credit market

This week, PicPay, one of the leading digital wallets in Brazil, announced a new acquisition in a bid to gain ground in Brazil's trillion-dollar loan market.
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Sergio Furio, CEO and founder at Creditas
Banking
·Aug. 10, 2022

Creditas buys a bank in Brazil to unlock new funding sources

The Brazilian digital lender added $200 million in its ninth funding round and announced it was buying both a bank and a mortgage lender.

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LatAm
·Sep. 7, 2021

Top Fintech LatAm News Stories for September 7, 2021

Here are the most read news stories from our daily newsletter today: This is how fintech regulations advance in Latin...
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LatAm
·Nov. 16, 2022

LatAm crypto firms rush to calm clients amid FTX meltdown

Although many Latin American companies claim they have little exposure to FTX's digital token, a widespread loss of conviction in crypto poses a significant risk.
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Home
·Aug. 21, 2023

Mexican fintechs Klar, Konfio tap $100M debt lines to boost lending

Mexican fintechs Klar and Konfio tap $100 million credit lines from U.S. firms to boost lending in the country.
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