Open banking regulation is moving forward with Colombia the latest to announce a plan to develop a framework for sharing financial info.
Despite fintechs making inroads, a recent survey shows inclusion progress has not been as swift as expected, especially for women.
The appearance of Techreo is one of the latest examples of financial technology firms looking to acquire clients at the base of the pyramid.
Shares of Nubank have weakened since its initial public offering, losing some $20 billion in market value since it went public.
Nubank is developing a risk appetite for unsecured loans, while it expects to roll out payroll lending in the following quarters.
Digital neobank Albo saw a $40 million investment from U.S. and Mexican venture capital firms to expand SME loans in Mexico.
According to Creditas' recently released figures, the company recorded a loss of $26 million, a 60% drop from the same period in 2022.
To increase the engagement of the fintech's user community, the new product will expand Nubank's internal rewards program.
Petro, Venezuela's oil-backed crypto is falling. Users are reporting paralysis, little acceptance among the public and a government overhaul.
Latin America's digital bank Nubank reported a record net income in Q4 as it continues to grow in Mexico, Colombia and Brazil.