According to Creditas' recently released figures, the company recorded a loss of $26 million, a 60% drop from the same period in 2022.
Business considerations may prevent large banks from tackling financial inclusion, but the tech supporting inclusion program exists.
Latam regulators show growing interest in the technology that powers cryptocurrencies. Brazil is to begin pilot tests for its CBDC this month.
Although valuations are low, the new report from QED and BCG gives fintech a light at the end of the tunnel.
IvyTek Finance loan management software is a solution that organizations and companies can use to streamline their loan management process.
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As the crypto industry waits for regulation in the U.S., CeFi has a trust dilemma. Increased transparency might be the way forward.
Belvo will provide access to employment data at the Mexican Social Welfare bureau. It could be a key driver for lending to the underbanked.
Driven by fintech revenue, Mercado Libre booked $201 million in net income in the period, up from $65 million in the year-ago quarter.
By creating trends and building future-ready solutions, fintech companies try to satisfy global regulatory requirements and meet customer demands.