Mexican small businesses are being hit by the pandemic just as much as other markets and they are in desperate...
Mercado Libre booked $359 million in profits from $129 million a year ago, driven by strong e-commerce in Mexico and growing fintech products.
Fintech Nexus sat down with Qik's CEO, the first neobank in the Dominican Republic. Traditional lender Grupo Popular to invest $70 million.
Parfin's seed round was led by Framework Ventures, one of Silicon Valley's leading managers in the crypto ecosystem.
N26 said they are furloughing 10 percent of their staff, cutting back on advertising spending and reconsidering their planned launch...
The central bank of Argentina surprised fintechs this month with a crypto ban which forbades neobanks from offering trading services.
US fintech giant Fiserv acquired Argentine digital wallet Yacare to ramp up its offering to clients and compete with Mercado Libre.
Banco Bradesco, a massive player in Brazil's loan market, announced plans to expand in Mexico, Latin America's second-largest economy.
Nine months after its IPO with a dual listing on the São Paulo Stock Exchange and the NYSE, Nubank announced that it will no longer be a publicly traded company in Brazil.
Funds such as Soma Capital, GBV, Techstars, Devlabs, Ripio Ventures, and Platanus Ventures also joined Arch's investment round.