Despite the headwinds in the cryptocurrency market, startups are expanding the crypto offering with a range of services based on blockchain, web3, and cashback with bitcoins
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Friday Briefing: Brazilian fintechs get boost from regulator
In the week of Brazil’s debut in the World Cup, we analyze measures designed to give impetus to the region’s largest ecosystem. We also review positive financial results from Stone and PagSeguro and highlight Nu’s decision to open a waiting list for savings accounts in Mexico.
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Amid the market turmoil, Mercado Bitcoin looks to unite crypto and banking services
Mercado Bitcoin details its plans to offer cards, accounts and investments for cryptocurrencies in Brazil and elsewhere in LatAm
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Friday Briefing: A regional Pix is already a “real possibility”
This week, we explore the growing likelihood that Pix could spread across the region. In addition, we hear Mercado Pago’s view on cryptocurrencies at a time of tension in the sector, Nubank reports its first profit, and Google launches GPay in Mexico.
The new Latin American fintech unicorns of 2022
Eight Latin American fintechs have achieved unicorn status so far in 2022 —but the global economic headwinds reduce the chances of more firms reaching a valuation of more than $1bn
Friday Briefing: Neobanks are no longer the favorites
In a chaotic week for the tech world in the U.S., we bring you a more upbeat outlook for LatAm from Quona Capital, which just set up a new fund. Also, Mercado Pago, Bradesco and Inter report encouraging results for Q3 and Mexican beverage and retail group Femsa buys a payment aggregator, underscoring its digital commitment.
Bitso: Crypto remittances poised to gain market share
Processing of crypto remittances on the platform quadrupled in the first half of 2022. We spoke to Bárbara González, who is both CFO of Bitso and CEO of its operation in Mexico
Friday Briefing: Banco BCI rides the crypto wave
This week, we analyze the Chilean banks’ openness towards the crypto industry, Mercado Pago launches a crypto exchange in alliance with Paxos, and fintechs including Spin, Remessa Online and Ping continue to come up with solutions for international payments.
From the field to blockchain: Tokenization as a tool for agricultural credit
The digitalization of commodities such as soybeans represents an opportunity to modernize agricultural financing an offer a more secure collateral. It’s a potential market being developed by Agrotoken in Argentina and one that has caught the eye of Banco Santander in Argentina
Friday Briefing: Santander and Banorte grow digital channels
If you’ve been too busy watching Serena at Money 20/20, let us bring you up to date with the latest news. This week, executives from Mercado Pago and Ualá talk us through the changes and trends on the cards for digital payments in 2023.
Five fintechs reinventing the remittance business in LatAm
The market for remittances is complex and that makes it ripe for disruption. We present five fintechs that are innovating cross-border payments in Latin America
Friday Briefing: Nubank delves into web3… what does it mean?
This week, we analyze Nubank’s decision to launch a cryptocurrency in Brazil and knock on the door of web3. Also, Ualá enters the acquiring services field in Colombia and in Mexico, Covalto continues on its path towards an IPO by lining up new financing. All this and more in our weekly briefing.
Mexican fintech Clara lays out strategy for going public
SME lending fintech Clara is preparing to list shares on an overseas stock exchange in 2023
Friday Briefing: The digital race heats up in Colombia
This week, we analyze the impact of a US$200 million investment in Colombia’s Lulo Bank. Plus, Kavak expands globally, Peru’s regulator demands interoperability between wallets, and in Chile, Tenpo and Chubb join forces to offer digital insurance.
Friday briefing: Traditional license + digital bank = ?
This week, Banorte advanced plans to launch a digital spinoff – with a brand new banking licence. In Brazil, Creditas reported more loans, but also more losses. And Apple Pay will start operations at the end of this month in Chile. Meanwhile, the fintech Clara is aiming for an IPO after appointing a new CFO.
Fintech pivots: How Mexico’s Fintech Law has sparked strategic shifts for startups
As dozens of Mexican fintech startups wait for licenses under the country’s Fintech Law, others, such as Flink, Cacao and Oyster, have changed direction as a result of a rejection by the regulator
Friday Briefing: Beyond bank commissions
It’s a busy week for payments news: Today, we talk to Belvo about the future of digital acquiring now that it is a payment initiator in Brazil, and we get the latest on open finance in that country. Plus, Bitso has enabled crypto payments using QR in Argentina, and Colombia’s central bank is preparing to start operating an instant transfer system in 2023.
Friday Briefing: Blockchain innovation in Argentina’s harvest🌽🪙
This week, we take a look at how blockchain is boosting agricultural lending and attracting the likes of Santander into the arena. In addition Pix heads to Colombia and Kavak obtains US$810 million in financing.
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Beyond exchanges: Brazil explores new uses for crypto
Despite the headwinds in the cryptocurrency market, startups are expanding the crypto offering with a range of services based on blockchain, web3, and cashback with bitcoins
Post
Friday Briefing: Brazilian fintechs get boost from regulator
In the week of Brazil’s debut in the World Cup, we analyze measures designed to give impetus to the region’s largest ecosystem. We also review positive financial results from Stone and PagSeguro and highlight Nu’s decision to open a waiting list for savings accounts in Mexico.
Friday Briefing: Brazilian fintechs get boost from regulator
In the week of Brazil’s debut in the World Cup, we analyze measures designed to give impetus to the region’s largest ecosystem. We also review positive financial results from Stone and PagSeguro and highlight Nu’s decision to open a waiting list for savings accounts in Mexico.
Amid the market turmoil, Mercado Bitcoin looks to unite crypto and banking services
Mercado Bitcoin details its plans to offer cards, accounts and investments for cryptocurrencies in Brazil and elsewhere in LatAm
Friday Briefing: A regional Pix is already a “real possibility”
This week, we explore the growing likelihood that Pix could spread across the region. In addition, we hear Mercado Pago’s view on cryptocurrencies at a time of tension in the sector, Nubank reports its first profit, and Google launches GPay in Mexico.
The new Latin American fintech unicorns of 2022
Eight Latin American fintechs have achieved unicorn status so far in 2022 —but the global economic headwinds reduce the chances of more firms reaching a valuation of more than $1bn
Friday Briefing: Neobanks are no longer the favorites
In a chaotic week for the tech world in the U.S., we bring you a more upbeat outlook for LatAm from Quona Capital, which just set up a new fund. Also, Mercado Pago, Bradesco and Inter report encouraging results for Q3 and Mexican beverage and retail group Femsa buys a payment aggregator, underscoring its digital commitment.
Bitso: Crypto remittances poised to gain market share
Processing of crypto remittances on the platform quadrupled in the first half of 2022. We spoke to Bárbara González, who is both CFO of Bitso and CEO of its operation in Mexico
Friday Briefing: Banco BCI rides the crypto wave
This week, we analyze the Chilean banks’ openness towards the crypto industry, Mercado Pago launches a crypto exchange in alliance with Paxos, and fintechs including Spin, Remessa Online and Ping continue to come up with solutions for international payments.
From the field to blockchain: Tokenization as a tool for agricultural credit
The digitalization of commodities such as soybeans represents an opportunity to modernize agricultural financing an offer a more secure collateral. It’s a potential market being developed by Agrotoken in Argentina and one that has caught the eye of Banco Santander in Argentina
Friday Briefing: Santander and Banorte grow digital channels
If you’ve been too busy watching Serena at Money 20/20, let us bring you up to date with the latest news. This week, executives from Mercado Pago and Ualá talk us through the changes and trends on the cards for digital payments in 2023.
Five fintechs reinventing the remittance business in LatAm
The market for remittances is complex and that makes it ripe for disruption. We present five fintechs that are innovating cross-border payments in Latin America