Mercado Libre reported strong Q4 2022 results with their fintech division, Mercado Page, leading the way
According to Moni's statement, the fintech plans to use the capital raised to expand consumer credit to the population of Argentina.
Five years since Mexico passed the fintech law, industry leaders call for an overhaul to the current regulation.
Companies served by EBANX can now offer consumers the ability to pay for online purchases with PIX directly through the checkout.
Nubank's shares ticked 4% higher on market opening following a surge in profits during the fourth quarter of 2022.
Low multiples could lead to strategic fintech M&A as companies with abundant capital take the opportunity to scoop deals.
Founded in 2019, Capitual has more than 4.5 million customers and records average monthly transaction volume of nearly $1 billion.
Chile's new fintech law will provide an incentive for other regulators in the region to move forward with similar frameworks, analysts say.
Fintechs in Brazil are taking a more cautious approach to credit in the face of rising delinquencies and inflation.
Parfin's seed round was led by Framework Ventures, one of Silicon Valley's leading managers in the crypto ecosystem.