País: Peru
Are all alternative payments trends equal in Latin America?
OPINION: Despite the increased use of digital wallets and bank transfers, cash remains a key form of payment in Latin America, writes Gustavo Ruiz of Paysafe…
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: 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….
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….
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….
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….
Banks want a slice of BNPL but the challenge is to reach retailers
Peru’s BCP and Argentina’s Banco Galicia are among the banks keen to lead the expansion of the buy now, pay later model in Latin America. …