Picpay was expecting to break even only in the middle of 2024 and could prepare again to go public on the New York Stock Exchanges.
US regulators plan to continue their enforcement of crypto, leaving the industry without much needed clarity. However, FIs carry on adoption.
Lenders have long identified the need to develop better scoring models that include those with thin or no credit files, but the problem persists, Credolab’s CSO Michele Tucci said. Credolab tackles the problem using privacy-consented and permissioned data through smartphones and web pages.
Embedded lending provider, Momnt, won Fintech Nexus' 2023 PitchIt crown. Here's what swayed the judges vote.
Mexican fintech Kueski announced a partnership with Amazon to offer BNPL on its marketplace, a first for the retail giant in Mexico.
One of the most popular payment methods in Brazil, Pix is now set to take over online commerce too, a study by fintech EBANX shows.
As more states enact their own disclosure laws for commercial finance providers, the regulatory burden will only increase on those companies.
Banks are haemorrhaging deposits and fintechs diversifying banking partners - Treasury Prime announces new partnership to help both sectors.
Thanks to improvements in technology, innovative businesses like Melio are bringing B2B payments into the 21st century. This week, Melio launched Real-Time Payments, supported by J.P. Morgan.
In Khalaf's first earnings call as CEO of Marqeta he outlined his intention to steer the company to embedded finance in the new year.