Here are the top 10 quotes, among the many keynotes, panels, and conversations at LendIt fintech LatAm Miami Last week.
Here are the most read news stories from our daily newsletter today: SoftBank Latin American Fund Backs Mercado Bitcoin $200M...
These operations had been legally challenged by credit card companies, which currently dominate this type of activity in Chile.
By December 2022, PagSeguro had 28 million customers, making it the second-largest digital bank in Brazil.
A year after launching in Colombia, Argentine neobank Ualá reached 200,000 customers in the country, its CEO Natalia Ríos told Fintech Nexus.
Last month, Citi Ventures, the U.S. bank's VC unit, announced an undisclosed investment in Belvo, a Mexican open banking infrastructure firm.
Despite the crypto-winter, Mexican cryptocurrency unicorn Bitso is expanding its reach in Latin America, and they added a QR code feature.
The president of the Central Bank of Brazil announced Pix protocols would be made available to other regulators.
Brazil's Pix has not only reshaped its national payment landscape but also emerged as a catalyst for financial innovation across Latin America, showcasing the potential of instant payment systems. By 2026, Pix is poised to become a dominant force in Brazil's digital economy, reflecting its significant impact on financial inclusion and market competition. Its rapid adoption and innovative features are now inspiring neighboring countries, paving the way for a comprehensive digital payment transformation throughout the region.
Despite a challenging scenario for Latin American fintechs, neobanks and digital wallets in Brazil continue to sign up millions of clients.