Mexico's Kapital announced an expansion into Colombia, fueled by a $100 million credit line from Sivo, a debt-as-a-service company.
A week after halting customer withdrawals, BlockFi said it is filing for Chapter 11 Bankruptcy on Monday morning.
New York-based online banking company Ampla Technologies recently launched a new extended payment terms solution called Ampla Pay Later.
Ram Ahluwalia believes there are plenty of layers to peel off the FTX onion, but the reasons for some recent actions may be straightforward.
Binance said it would pull out of the FTX deal in a tweet, citing corporate due diligence and media reports.
The island seeks to consolidate itself as a leading Caribbean fintech hub, with 55 reported fintech companies as of 2021.
Cryptocurrency enthusiasts in the region have turned to crypto loans to secure funding, or earn interest income.
By offering buyers more flexible payment terms, BNPL encourages consumers to take on more debt they may not be able to repay.
Tuesday afternoon Binance CEO Changpeng Zhao announced on Twitter an agreement to buy FTX.com, the non-U.S. section of FTX.
Privacy is a running concern with potential users of a retail CBDC. BIS have announced the launch of a project to resolve them.