When considering mergers and acquisitions in Latin America, companies better have a well-thought-out strategy before proceeding, a panel of experts agreed at LendIt Fintech LatAm 2021, held Dec. 7-8 in Miami, Fla.
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Buy Now, Pay Later companies are gaining ground in Latin America, with Kueski reporting more than 1 million customers.
For Aviva, this round stands out as one of the largest for this investment stage in LatAm after the difficulties of the second half of 2022.
iCred will use these resources to expand its operations and enter the payroll loan market for the beneficiaries of the social security fund.
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.
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Barte aims to scale its operations with the bolstered cash, launching a new credit product later this year.
Both Tencent and SoftBank have invested in the company called Ualá which is seeing massive growth during the coronavirus crisis;...
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After a sharp lending slowdown in 2022, fintechs in Latin America gear up for credit growth next year as rate pressures fade out.