País: Brazil
Fintech Snapshot December 2019: XP Investimentos, Konfio and FinSocial
Brazil’s XP Investimentos raised US$ 2 billion in its IPO, Softbank made another Mexico play, and investment is rushing into Mexican neobanks…
AI, cultural change and open banking: LatAm bank tech priorities in 2020
Digital transformation executives at Latin America’s biggest banks say artificial intelligence, internal culture and open banking regulations will be major areas of focus in 2020…
Payments revolution and an investment wave: LatAm fintech in 2019
Two major trends defined Latin America’s financial technology sector in 2019: disruption in payments and startup investment…
Brazilian banks face triple hurdle in open banking: Itaú’s Schettini
Brazilian banks face a series of challenges to deal with open banking, after Central Bank publishes plans for open banking regulations, says Márcio Schettini, retail banking head at Itaú…
SoftBank moves into second phase of LatAm investment strategy
SoftBank’s Innovation Fund has picked the low hanging fruit in LatAm already, will invest at a slower pace now, says Paulo Passoni…
Fintech Snapshot November: Ualá, Neon and Pitzi raise capital
With two massive investment rounds for Ualá and Neon, November was another impressive month for the fintech ecosystem in Latin America…
“Inertia” is our biggest competitor, says Neon Pagamentos’ Pedro Conrade
The biggest hurdle to turn users into loyal regulars comes early in the life cycle, says CEO and founder of the Brazilian digital bank Neon Pagamentos, which plans to improve lending products for individuals and small businesses with its newly-raised Series B capital…
Stone, Cielo and PagSeguro race into banking services
Following an industry shake-up in services and fees for merchants earlier this year, the biggest merchant acquirers are turning to lending, banking and software products to make up revenue
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Mercado Libre struggles with bad debt in Brazil
Loan losses at Mercado Credito Brazil highlight the difficulties of fine-tuning digital lending businesses…
Fintech Snapshot: October 2019
Another LatAm fintech joined the unicorn club, Carrefour Brazil bought a fintech and Bitso received an investment from top crypto players….