Buy Now, Pay Later companies are gaining ground in Latin America, with Kueski reporting more than 1 million customers.
Yave, a mortgage and credit fintech that aims to capture the Mexican mortgage market, won the day after an excellent presentation by co-founder and CEO Bernardo Silva. He said he wanted to break into the slow-moving trad marketplace for mortgages and help brokers put the mortgage right into the sales process.
Mexico is becoming a hotbed of fintech innovation. The second largest economy in Latin America has seen a wave of...
Brazil and Mexico are often talked about as fintech booms in Latin America; the size of the industry overall is...
Goldman Sachs is providing a $100 million line of credit to Credijusto which has been around four years and operates...
Several LatAm countries moved forward in 2021 with regulatory initiatives seeking to promote competition and data sharing in the industry.
Credijusto, a leading Mexican small business fintech paid $50 million to buy Banco Finterra in June. Co-CEO David Poritz wrapped day one of the LendIt LatAm keynote section, discussing what it was like as the only neobank holding a banking license in Mexico.
Santander InnoVentures has led a $5 million round in the SME lender a55; a55 currently lends in both Brazil and...
The Brazilian fintech company is opening an office today in Mexico and it is the first step in what might...
Alipay has partnered with Openpay in Mexico to further their expansion into the Americas; users of Alipay will now be able to use the service to make purchases at businesses that are affiliated with Openpay; Souheil Badran, President of Alipay Americas stated, “An increasing number of Chinese consumers are shopping for products in Mexico that they can’t find at home, and they want to be able to purchase those items with the payment method they use most often. Our partnership with Openpay not only connects Mexican merchants with Chinese consumers seeking their products and services, but also opens new revenue channels for merchants in Mexico. We are thrilled to be partnering with Openpay as we continue to expand the reach of Alipay throughout the Americas.” Source