Lama AI, an intermediary SMB lending exchange for banks, announced a $9 million seed round led by Viola Ventures and Hertz Ventures.
Venture capital investments into LatAm fintech startups dropped further in the third quarter of the year, following a sharp reversal in global markets that drove investors away from assets generally perceived as risky.
Fed Reserve Governor Christopher Waller said that FedNow will launch a country-wide interstate highway for payments in about six months.
Celcoin wants to make its BaaS service a one-stop-shop for these types of solutions to meet the growing demand in the Brazilian market.
On Tuesday, Extend, launched an API that enables SMBs to issue digital cards from any company, including American Express.
Western Union announced plans to deploy its digital banking offering in South America's largest economy.
Nubank is doubling its bets in crypto technology. The neobank announced plans to develop its virtual token to drive a loyalty program.
Franq's Series A extension was led by Quona Capital and had the participation of Globo Ventures and Valor Capital Group.
Federico Baradello founded Finalis, the investment banking-as-a-service platform for dealmakers, after working in a sector he knew was long overdue for an upgrade.
Many fintechs are considering changes to make their UX as slick and polished as possible, especially in authentication.