País: Chile
Coronavirus: Demand for fintech loans jumps in LatAm
The economic shock of the COVID-19 pandemic is having a fundamental impact on Latin America’s lending and leasing fintechs…
Mercado Libre gets closer to becoming a bank, targets credit growth
Mercado Pago is moving into banking, applying to become a financial institution in Chile to grow its payments and credit business, following its IFPE application in Mexico, says Matias Spagui, Chile CEO, in exclusive interview…
Credicorp targets Chilean retail banking market with app launch
Credicorp is taking aim at the Chilean retail banking market with the launch of a new digital banking app, Tenpo, through the corporate venture arm Krealo…
LatAm fintechs step into bank funding territory
CrediTú places bond in Chile’s local capital market, other fintechs look at wholesale funding strategies…
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…
PayPal’s Mexico move shows banks’ regulatory strength
Financial institutions say their risk and compliance capacities hold some of their best defenses against the growing competitive threat from big tech. PayPal’s step back from financial services in Mexico highlights the relevance….
Fintech snapshot: August 2019
Latin American fintech capital raising has topped $1.6 billion this year…
Bci braces for payments competition in Chile
Chilean bank Bci is preparing for new competitors to its digital brand Mach, as MercadoPago preps for roll out…
LatAm Fintech Snapshot: June 2019
In a record-breaking month, Andreessen Horowitz made its first fintech investment in LatAm…