Brazilian neobank Nubank reached 90 million customers in Latin America and reported a surge in profits in Q3.
The fintech industry urges the government to expedite the procedure, contending that the current legal framework is impeding growth.
Fintech leaders praised Milei's win in presidential elections, anticipating a more favorable scenario for the technology sector.
Two years after launching in Brazil, German neobank N26 has decided to leave the country as the fintech drops overseas efforts.
Latin America's neobanks showed growing profits and robust customer acquisition in the quarter, a sign of resilience amid economic troubles.
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After a sharp lending slowdown in 2022, fintechs in Latin America gear up for credit growth next year as rate pressures fade out.
Neobank Inter in Brazil has recently reached 30 million customers. Exclusive Q&A interview with CEO João Vitor Menin to discuss strategy.
Brazilian QI tech tapped $200 million in a landmark Series-B investment deal, one of the largest rounds in Latin America this year.
Fintech Clara launched a high-yield payment account in Brazil as it aims to double down on the South American market.
Nubank, the largest neobank in Latin America, will introduce USDC to its Brazilian clients, a significant advancement for the stablecoin.