Bancolombia spin-off Nequi quickly grew to be Colombia’s most-used digital wallet, capturing 11 million active users and 16.7 million total customers. But now it faces a new wave of competition from...
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The carbon opportunity Banco do Brasil wants to capture
As countries and companies double down on efforts to limit their emissions of carbon dioxide and...
Where did the Latin American fintech boom go? Devaluations, retreats and layoffs
With additional reporting by Eyanir Chinea At the end of May, Soy Moni, a Mexican digital...
‘We were very dependent’ — Two Mexican banks say no to external tech providers
As much of the traditional banking industry modernizes its technology infrastructure through...
NOTAS ANTIGUAS
Banco de Guayaquil wants to open up new markets with ‘nanocredits’
Banco de Guayaquil, Ecuador’s second largest bank by earnings, is gearing up to launch a series of...
Central banks speed up work on digital currencies
Central banks around the world are stepping up efforts to develop their own digital currencies, a...
Agfintechs gain ground in Brazil as agribusiness demands more credit
Brazil is an agribusiness giant, and financing is key to keep the cogs of its agricultural engine...
Chile’s Bci hunts for the banking technologies of the future
Banco Bci, Chile’s biggest bank, is exploring the potential of new technological applications that...
Inclusion and personalization: Fintech targets trans borrowers
Colombian digital wallet FinZi has introduced a lending product for transgender people who want to...
Pichincha Peru seeks partners, vendors to accelerate open banking strategy
Banco Pichincha in Peru is reorganizing its managerial, technological, and talent structure to...
The challenge of providing financial services to migrants in Latin America
The migrant population in Latin America is in increasing need of attention from the financial...
Credicorp’s Tenpo sticks to neobank plan despite sluggish economy
Chilean digital account issuer Tenpo is days away from receiving a license to offer credit cards,...
Cloud banking in LatAm faces adoption challenges amid budget scrutiny
Discussion around cloud-based financial services has been around a long time, but executives at...