Brazilian fintech Koin announced a partnership with U.S. payments giant Mastercard to advance Buy Now, Pay Later in Latin America over the next five years.
Argentina's fintech unicorn Ualá will invest $150 million over the next 18 months to boost its digital banking endeavors in the region.
As of April, the Brazilian economy reached the ninth spot as the country with the highest number of unicorn firms.
Digital bank Zenus to acquire LatAm-focused payments fintech Fuex as it seeks to expand its reach to Latin American clients.
Several LatAm countries moved forward in 2021 with regulatory initiatives seeking to promote competition and data sharing in the industry.
Despite high interest rates and risks of a reccesion, many BNPL fintech providers now vie to offer loans to the underbanked in Mexico.
Syncfy's platform enables API access to financial data from more than 125 different financial institutions in LatAm.
Brazil's fintech Nomad took $61 million in a Series-B funding round to expand its portfolio. Tiger Global Management led the investment.
Investments into Latin American fintechs are expected to pick up in 2024 amid rate cuts in the United States.
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.