Nubank announced in October the creation of the digital currency, which is part of its new blockchain and crypto-assets initiative in LatAm.
Facing tighter financing conditions, several financial technology companies in Latin America have accelerated mergers and acquisitions plans.
Nubank is the top receiver of customer data, outlining fintech's significant opportunities in Open Finance in Brazil.
Back in December we held Finnosummit Miami by LendIt Fintech to capture all of the interesting things happening in Latin...
Fintechs are diversifying to survive, adding solutions to monetize their customer base and reduce dependence on riskier lines of business.
Latin America Ebanx expects growth in alternative payment methods as e-commerce continues to grow in the region, as well as in Africa.
Open finance is growing fast in Brazil, with progress in regulation paving the way for new opportunities for local fintechs.
The law deals with various aspects of crypto assets, including their issuance and operations of tokenized financial products.
After several months developing, leading financial group Credicorp launched its digital banking unit iO to cater to young Peruvians.
For Raízen, the acquisition of Payly represents the first step in developing this payments unit — and a new source of revenue.