These funds should allow Blipay to expand its credit line in the payroll anticipation sector — where it seeks to become a relevant player.
It was one of the most tumultuous weekends in the history of fintech, as federal regulators and government agencies took swift action to stop the bleeding after Silicon Valley Bank suddenly collapsed.
The week has ended in a bank run caused by the SVB's "classic balance sheet restructuring" actions. Some are asking, "who is next?"
Two key takeaways from a state of banking report should further encourage fintechs and small businesses about future opportunities for growth.
In two years, Spin has quickly carved out a place of itself as one of the most relevant fintech players in Mexico.
Kueski, a BNPL fintech in Mexico, broke its loan disbursement record this month as it hit 10 million loans and $1.6 billion in transactions.
A casualty of FTX's "ripples" or another cog in a crypto's poorly regulated CeFi machine that is casting a shadow on the industry?
Marco, a fintech startup lending to exporters in Latin America, secured a $200 million line to expand its financing business.
This is the Buk's second round of financing after having its $50 million Series A in October 2021, led by Greenoaks and SoftBank LatAm.
Steps are being made to close the gender divide in fintech, but lack of access to funding can be crippling to female-led firms.