Buy Now, Pay Later companies are gaining ground in Latin America, with Kueski reporting more than 1 million customers.
With this capital injection, Racional will seek to double its team in the short term and reach 100,000 users in Chile, Brazil, and Colombia.
LinkedIn's "Top Startup 2022 in Latin America" list highlights the work of the most promising and innovative companies of the year.
The agreement for the acquisition of NetPay had been announced in November 2022. FEMSA had owned minority shares in the fintech since 2019.
Nomad, which offers dollar accounts to Brazilians, will now allow its customers to pay in installments for purchases made abroad.
Destácame already has 4.5 million users and wants to reach 10 million users by 2025, expanding its operation in Mexico.
Forbes partnered with market research firm Statista to measure the best banks in more than 20 countries by surveying more...
According to Ripio executives, this partnership will allow users of both fintechs to buy and sell cryptocurrencies directly in their respective apps.
These funds should allow Blipay to expand its credit line in the payroll anticipation sector — where it seeks to become a relevant player.
Across Latin America, fintech lenders are accelerating profitability strategies amid growing pressure from markets to yield profits.