iCred will use these resources to expand its operations and enter the payroll loan market for the beneficiaries of the social security fund.
Fintechs in Brazil are taking a more cautious approach to credit in the face of rising delinquencies and inflation.
Companies served by EBANX can now offer consumers the ability to pay for online purchases with PIX directly through the checkout.
After years of waiting, the central bank of Brazil has finally authorized Meta's WhatsApp merchant payment system.
According to Belvo, the new product will function as a gate for users to initiate payments directly inside third-party apps.
Open Finance completed its first 2 years in Brazil with 15 million users. The challenge, however, is to grow beyond the specialized audience.
Low multiples could lead to strategic fintech M&A as companies with abundant capital take the opportunity to scoop deals.
Pix is a constantly-evolving product, with new features being recurringly rolled out. What is next for Pix this 2023?
Mexican fintech Clara secured a $90 million debt facility as it plans to grow its footprint in South America.
E-commerce giant Mercado Libre will invest $3.6 billion in Brazil, with its fintech unit as one of the major growth drivers in Latin America.