Driven by fintech revenue, Mercado Libre booked $201 million in net income in the period, up from $65 million in the year-ago quarter.
Xepelin announced that global investment banking giant Goldman Sachs had provided it with a $140 million asset-backed securities credit line.
The island seeks to consolidate itself as a leading Caribbean fintech hub, with 55 reported fintech companies as of 2021.
Digital bank Zenus to acquire LatAm-focused payments fintech Fuex as it seeks to expand its reach to Latin American clients.
Brazilian fintech QI Tech disclosed a valuation above $1 billion following a $50 million Series B round extension.
According to Moni's statement, the fintech plans to use the capital raised to expand consumer credit to the population of Argentina.
In Mexico's difficult landscape for credit, Kueski has become one of LatAm's largest BNPL and consumer credit firms. It's all down to data.In Mexico's difficult landscape for credit, Kueski has become one of LatAm's largest BNPL and consumer credit firms. It's all down to data.
Cortex collaborates with several fintechs and giants of the financial market in Brazil, such as BTG Pactual and XP.
With payroll lending, Nubank blazes a trail into secured lending, an asset that bears less risk than credit cards and individual loans.
Brazil's Pix has not only reshaped its national payment landscape but also emerged as a catalyst for financial innovation across Latin America, showcasing the potential of instant payment systems. By 2026, Pix is poised to become a dominant force in Brazil's digital economy, reflecting its significant impact on financial inclusion and market competition. Its rapid adoption and innovative features are now inspiring neighboring countries, paving the way for a comprehensive digital payment transformation throughout the region.