The fintech will operate in Panama, El Salvador, Guatemala, and Mexico, where it plans to become an ally of the region's underbanked population.
Making news this week were First Republic Bank, Shopify, Cross River Bank, Wise, Coinbase, Binance.US, Klarna, First Republic Bank, Nubank, Congress and more.
Mercado Libre will hire 13,000 new jobs this year, bucking a lay-offs trend. Most of the new employees will be based in Mexico and Brazil.
The offering streamlines Web3 business' ability to maintain KYC compliance in the US as they navigate the regulatory landscape.
Reliable off-chain credit scoring on the blockchain provides better service and attracts participants to DeFi.
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Regulators' seizure of the ailing First Republic comes as no surprise after a week of speculation. JP Morgan wins the bid to acquire.
PicPay stated that, before reaching the market, the solution went through tests for eight months with 10,000 company and partner employees.
Pix achieved the milestone of 3 billion monthly transactions in March, up from a previous record of 2.8 billion by the end of last year.
Reusable identities will be vital tools that support identity verification, but how they will work exactly is yet to be determined.
After several months developing, leading financial group Credicorp launched its digital banking unit iO to cater to young Peruvians.