The fintech industry urges the government to expedite the procedure, contending that the current legal framework is impeding growth.
Financial arm of the major Brazilian retailer now facilitates cryptocurrency trading for millions of users of its digital wallet, MagaluPay.
As the crypto wave continues to sweep Latin America, both banks and fintechs are crafting an expanding crypto offering in Brazil.
Nubank and Banco Inter are moving away from the local stock exchange, while other Brazilian fintechs skip the market altogether.
Argentine banks sued Mercado Libre for alleged dominant position in the market, while the fintech responded by dennouncing "cartelization".
It has not been a smooth sail for smaller Mexican fintechs either, who have struggled to meet requirements.
A drawn-out workers’ strike at Brazil's central bank in protest of wage increases is having an unexpected impact on the fintech industry.
Mercado Libre launched Mercado Coin, its first-ever token that will be initially available in Brazil as part of its loyalty program.
Exclusive interview with Andrew Seiz, head of finance at Kueski, on the 2024 outlook for consumer lending and Buy Now Pay Later in Mexico.
Mexican fintech Cometa raised $5 million in a seed round to cater financial services to education institutions in Mexico.