In a complex scenario for Latin American startups fintechs in Argentina push forward with plans for international expansion.
The island seeks to consolidate itself as a leading Caribbean fintech hub, with 55 reported fintech companies as of 2021.
Brazil's fintech Nomad took $61 million in a Series-B funding round to expand its portfolio. Tiger Global Management led the investment.
The Latin American fintech community gathered in Miami last week for the third annual LendIt Fintech LatAm event.
To increase the engagement of the fintech's user community, the new product will expand Nubank's internal rewards program.
The last years have been great for fintechs. But this scenario of rising interest rates and economic uncertainty is hitting companies hard.
Peruvian financial entities are preparing a system that will enable interconnection between several fintechs to boost direct payments.
The Mexican operation represents Nubank's second-largest market and is seen as a strategic target in the company's internationalization plan.
Nubank announced a partnership with Arcus by Mastercard to incorporate cash deposits into its offering in Mexico.
According to Ripio executives, this partnership will allow users of both fintechs to buy and sell cryptocurrencies directly in their respective apps.