Mercado Pago, the fintech arm of Latin America e-commerce giant Mercado Libre, reported a significant milestone in its fintech business.
Exclusive interview with Andrew Seiz, head of finance at Kueski, on the 2024 outlook for consumer lending and Buy Now Pay Later in Mexico.
It has not been a smooth sail for smaller Mexican fintechs either, who have struggled to meet requirements.
Belvo will provide access to employment data at the Mexican Social Welfare bureau. It could be a key driver for lending to the underbanked.
Just a few years ago, Banking as a Service (BaaS) was a term hardly ever heard in Latin America outside...
Walmart Mexico announced the acquisition of payments startup Trafalgar to strengthen its digital wallet initiative.
The fintech ecosystem in Latin America and the Caribbean has doubled in size in the past three years, with trends showing signs of maturity.
Brazil's fintech Nomad took $61 million in a Series-B funding round to expand its portfolio. Tiger Global Management led the investment.
In Latin America's highly concentrated banking industry, financial technology startups are venturing into one of the region's most undeveloped and tightly held loan markets: mortgage financing.
Low multiples could lead to strategic fintech M&A as companies with abundant capital take the opportunity to scoop deals.