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.
According to Belvo, the new product will function as a gate for users to initiate payments directly inside third-party apps.
Following the SVB crisis, already precarious Credit Suisse has struggled to hold the confidence of investors. UBS has agreed to acquire.
Web3 is still in its early days, but Gateway.fm is re-envisioning how the industry must proceed if it is to reach mass adoption.
The international firm, whose US headquarters are located in Parsippany, NJ, grew its revenue by 35 percent in 2022 while increasing the number of customers by 24 percent.
Will this be enough to break the spiralling loss of confidence in the banking system?
Colombian fintech Avista raised $22.5 million in debt from Accial Capital as it seeks to boost lending to the elderly.
We will be live-updating the Silicon Valley Bank crisis story as new developments emerge through the weekend.
Amdist valuation troubles and a looming tax bill, Stripe raises $6.5 billion in Series I funding round, beating skepticism.
Apple Pay goes live in Mexico as issuer-processor Paymentology partners with Fondeadora to expand payments in the North American country.