After several months developing, leading financial group Credicorp launched its digital banking unit iO to cater to young Peruvians.
Here are the most read news stories from our daily newsletter today: Where Latin America financial inclusion efforts need focusing...
It has not been a smooth sail for smaller Mexican fintechs either, who have struggled to meet requirements.
The number of fintechs operating in Mexico has grown consistently. Progress in financial inclusion, however, has been far less explosive.
Two years after its launch in Mexico, Nubank is making progress amid a highly concentrated banking industry.
Creditas made a bold acquisition in the context of uncertainty, as valuations for many fintechs plunged amid rising rates and volatility.
E-commerce is quickly catching up in Latin America, providing fertile ground for digital payments to proliferate.
Nubank, the largest digital bank in Latin America, officially launched Nucoin. It is a free-of-charge token that rewards the most loyal users.
The central bank of Argentina surprised fintechs this month with a crypto ban which forbades neobanks from offering trading services.
Low multiples could lead to strategic fintech M&A as companies with abundant capital take the opportunity to scoop deals.