This week we analyze the growth of digital credit in Argentina with a spotlight on Naranja X. In addition, Covalto prepares to list on Nasdaq through a SPAC, Kushki buys a Mexican acquirer, and Pomelo expands its Series A round.

This week we analyze the growth of digital credit in Argentina with a spotlight on Naranja X. In addition, Covalto prepares to list on Nasdaq through a SPAC, Kushki buys a Mexican acquirer, and Pomelo expands its Series A round.
New entrants say 100 million Brazilians could benefit from payment in installments – and that Buy Now, Pay Later is gaining ground among SMEs
Digital point-of-sale loans have advanced slowly in Brazil, but local experts see growth potential for BNPL (buy now, pay later) services
Peruvian digital wallet Yape will add credit to its offering, says Francesca Raffo, new chief investment officer at Credicorp
NOTAS ANTIGUAS
Fintechs struggling to sell financial services to reluctant SMEs are leveraging data from payment services to diversify their digital financial offering and grow the market
Uber and Didi experiment with their own data to assess credit risk, as the embedded finance trend advances in Latin America’s gig economy
Plus: Marcelo Claure said to be leaving Softbank, Credicorp names innovation head
#FridayBriefing: The National Banking and Securities Commission (CNBV) turned down authorization requests from five Mexican fintechs this week.
#FridayBriefing: Chile has embarked on the road to issuing its own digital currency.
Chile is making a major push to regulate the fintech sector and introduce open banking rules to make payments and transactions simpler and more efficient.
As banks reevaluate their mortgage businesses, Peru’s Banco de Credito (BCP) is developing fully digital products. But is a 100% digital mortgage possible?
Cash is retreating, but there is still plenty of room for financial institutions to roll out intuitive solutions, says the head of payments systems at Mexico’s central bank.
Banks and fintechs are leveraging alternative data sources to analyze the credit risk of personal and business borrowers