How the Mexican SME lender went from startup to baking-licensed neo-bank looking at a NASDAQ-listed SPAC at a valuation of $547 million.
Argentina's market regulator launched a fintech innovation hub, a likely first step toward issuing cryptocurrency and fintech regulation.
Syncfy's platform enables API access to financial data from more than 125 different financial institutions in LatAm.
Brazil has established its central bank as the primary regulator of the crypto economy, potentially a first step toward broader regulation.
The payment operation, which has been awaiting regulatory approval for three years, will first focus on small merchants and will be implemented gradually in the South American country.
Despite the sharp drop in value seen in the past weeks, financial technology players that have drawn millions to their wallets are now doubling down their bets on crypto.
In Latin America, regulators have shown a growing interest in the technology that powers cryptocurrencies to promote financial inclusion.
DriveWealth struck a partnership with investment platform Sproutfi that will allow companies to service Latin Americans investing in the U.S.
Nubank announced it had expanded its customer base sixfold over the past year, reaching a total of 2.7 million customers from 0.4 million.
Toku raised $7 million to expand digital collection services in Latin America. The fintech will boost its current Mexico strategy.