Here are the most read news stories from our daily newsletter today: A Buffett-backed Brazilian fintech firm is reportedly planning...
The number of fintechs operating in Mexico has grown consistently. Progress in financial inclusion, however, has been far less explosive.
Petro, Venezuela's oil-backed crypto is falling. Users are reporting paralysis, little acceptance among the public and a government overhaul.
Mexican Konfio upsized its borrowing line with Goldman Sachs and Gramercy as it seeks to increase SME lending in the region.
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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.
Fintechs in Brazil are taking a more cautious approach to credit in the face of rising delinquencies and inflation.
Founded in 2019, Capitual has more than 4.5 million customers and records average monthly transaction volume of nearly $1 billion.
According to the company, the goal of this expansion is to consolidate the fintech as one of the major players in LatAm, helping small businesses to reduce costs with payments by improving their financial management.
BNPL credit models are growing in Latin America's fintech sector, with major investments recorded even as rising rates deter risk appetite.
This new funding will allow Trii to expand operations in three key countries in the region: Colombia, Peru and Chile.