Toku raised $7 million to expand digital collection services in Latin America. The fintech will boost its current Mexico strategy.
Argentine banks sued Mercado Libre for alleged dominant position in the market, while the fintech responded by dennouncing "cartelization".
With a focus on money education, fintech companies have a renewed sense of purpose in creating greater financial inclusion for all.
Mendel plans to use the resources raised in this round to double its growth and accelerate the development of its platform.
Mercado Pago, the fintech arm of Latin America e-commerce giant Mercado Libre, reported a significant milestone in its fintech business.
Several LatAm countries moved forward in 2021 with regulatory initiatives seeking to promote competition and data sharing in the industry.
The appearance of Techreo is one of the latest examples of financial technology firms looking to acquire clients at the base of the pyramid.
As Chile await for the fintech law to come into effect, experts spoke to Fintech Nexus on its likely impact in the financial sector.
Global neobanks have focused on the regional ecosystem as the fintech sector gained decent size and scale in the past few years.
As of April, the Brazilian economy reached the ninth spot as the country with the highest number of unicorn firms.