Mexican banks
Bitso: Crypto remittances poised to gain market share
Processing of crypto remittances on the platform quadrupled in the first half of 2022. We spoke to Bárbara González, who is both CFO of Bitso and CEO of its operation in 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…
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…
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….
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. …
Friday Briefing: The fintech winter cuts both ways
This week, leading investors including Propel, ALLVP and 17Sigma comment on the current fintech financing landscape in LatAm. Also, Brazil’s C6 expands its credit products and in Chile, banks and fintechs stop squabbling and reach agreement on standards for open finance….
Open banking in Mexico: HSBC sees challenges of scale rather than technology
The promise of an open banking model that increases inclusion, competition and innovation in the financial sector has yet to become tangible, says HSBC Mexico’s head of digital banking and innovation. …
Open banking began to take root in Latin America in 2021
#Series2021: Several countries are seeking to follow in the footsteps of the region’s biggest economies in rolling out open banking regulation…
Acquisitions and rebundling were key trends of 2021
#Series2021: Fintechs bought banks and other startups to expand their product offering as rebundling gathered pace, above all in Mexico…
Digital mortgages: BCP sees loans approved in 24 hours
As banks reevaluate their mortgage businesses, Peru’s Banco de Credito (BCP) is developing fully digital products. But is a 100% digital mortgage possible?…