New digital business models
Agfintechs gain ground in Brazil as agribusiness demands more credit
Brazil may be an agricultural powerhouse, but there is still a supply gap in financing for the farm sector. A new model of agro fintechs wants to plug the hole….
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,…
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: BNPL under pressure
This week, we analyze the future of BNPL from Kueski’s perspective, PicPay Bank gets the green light in Brazil and Itaú acquires a digital broker. In addition, Mercado Pago obtains a credit line from Goldman Sachs….
Fintech Magalu: Ready to cash in on open finance in Brazil
Magazine Luiza wants to become a supplier of all the products that open finance will enable and, in addition, expects positive growth for the second half of the year…
Friday Briefing: From Proptech to Fintech
This week we talk to the unicorn Habi about its plans to make more mortgage loans available in Colombia and Mexico. In addition, the global economic woes impact Ank, Itaú’s Argentine wallet, and Ebanx – while Nubank says it sees opportunities. …
Will BNPL take off in Brazil?
Digital point-of-sale loans have advanced slowly in Brazil, but local experts see growth potential for BNPL (buy now, pay later) services…
Digital payments get aboard public transport
Millions of people in Latin America purchase bus or metro tickets on a daily basis. It’s an opportunity to bring digital payments to a critical mass of users …
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. …
Digital Payment Trends 2022: Interoperability, Crypto and Cash-out
New business models, further gains in crypto-based payments and—hopefully—increased interoperability are ahead for LatAm payments in 2022, say leaders in Latin America’s payments industry….