Visa pulled the trigger on one of the most significant acquisitions of 2023, paying $1 billion in cash for Brazilian fintech firm Pismo.
Pix has led to a dramatic acceleration in financial inclusion, Carlos Brandt, head of Pix at the central bank, said at Fintech Nexus LatAm.
Financial arm of the major Brazilian retailer now facilitates cryptocurrency trading for millions of users of its digital wallet, MagaluPay.
The number of fintechs in Mexico has grown to nearly 1,000 as of 2023, with U.S. startups commanding a lead among foreign fintechs.
Through its platform, Solvento seeks to build a stronger supply chain through reliable, flexible, and easy-to-use financial solutions.
The Brazilian digital lender added $200 million in its ninth funding round and announced it was buying both a bank and a mortgage lender.
Colombian fintech Bold secured $50 million in a series C round led by private equity firm General Atlantic.
Two years after its launch in Mexico, Nubank is making progress amid a highly concentrated banking industry.
Back in December we held Finnosummit Miami by LendIt Fintech to capture all of the interesting things happening in Latin...
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