País: Mexico
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: 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…
BBVA’s secret weapon for LatAm market growth
BBVA sees its Openpay gateway opening up new markets for the Spanish banking group while alliances with store chains and fintechs spur adoption of its payment solutions…
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….
Friday Briefing: The problem of remittances
This week, we analyze the lure of the remittance business as a result of Ualá’s entry into the vertical. EBANX expands to Africa and we have a new digital bank in Brazil. We also review regulatory highlights with iupanaPRO and learn about the latest signing by Nubank. All this and more in our round-up of the digital finance highlights from LatAm….
Crypto remittances? Wise says not for now
Converting cryptocurrencies into a stable, everyday means of payment is an emerging challenge for fintechs. And until that becomes a reality,…
Friday Briefing: Everyone wants their own marketplace
This week, we look into the trend of financial companies launching their own marketplaces, following the launch of Itaú Shop. Plus, Avianca introduces a wallet under a BaaS deal and AgendaPro enters the fintech world….
Stock market, Acquisitions, Internationalization: Covalto’s route to growth in the fintech arena
David Poritz, co-CEO of Mexico’s Covalto, outlines the SME-focused fintech’s next steps and its acquisition plans, with a view to regional expansion in 2023….
Friday Briefing: Digital credit takes off in Argentina
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….