Colombia

Rappi and R2 to Provide Loans to Restaurants in Mexico and Colombia
Rappi and R2 to Provide Loans to Restaurants in Mexico and Colombia
July 27, 2023  |  Restaurant innovation

Rappi, a Latin American delivery app backed by SoftBank, is partnering with FinTech R2 to provide loans to restaurants in Mexico and Colombia. Restaurants selling via the...

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The Impact of Real-Time Payments on GDP Growth in Emerging Markets
The Impact of Real-Time Payments on GDP Growth in Emerging Markets
February 01, 2023  |  Real-Time Payments

Real-time payments have become indispensable for the global economy, with a previous PYMNTS study finding that 86% of businesses generating annual revenues between $500 million...

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PayU Buys Colombian ePayments Company Ding
PayU Buys Colombian ePayments Company Ding
September 14, 2022  |  Acquisitions

Payments and FinTech business PayU has gotten the endorsement of Colombian regulatory authorities to buy electronic payments and deposits firm Ding from CredibanCo, a press...

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CBDC Weekly: Fed’s Bowman Says FedNow Makes Digital Dollar Unnecessary
CBDC Weekly: Fed’s Bowman Says FedNow Makes Digital Dollar Unnecessary
August 22, 2022  |  Cryptocurrency

Fed Governor Michelle Bowman suggested that she believes the FedNow real-time payments system will make a digital dollar unnecessary. Speaking at the VenCent Fintech Conference...

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Colombia Eyes CBDC to Ease Transactions, Stop Tax Evasion
Colombia Eyes CBDC to Ease Transactions, Stop Tax Evasion
August 17, 2022  |  CBDC

Aiming to make transactions easier for consumers and to put an end to tax evasion, Colombia is reportedly considering introducing a central bank digital currency...

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Today in Crypto: Bitcoin Falls With Powell Remarks; Coinbase Institute to Fund Research
Today in Crypto: Bitcoin Falls With Powell Remarks; Coinbase Institute to Fund Research
May 18, 2022  |  Cryptocurrency

Bitcoin dropped under $30,000 in trading on Wednesday (May 18) following traditional markets in retreat, Coindesk wrote. Traders and analysts are responding to Fed Chair...

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Western Union, SuperGIROS Team on Cross-border Payments in Colombia
Western Union, SuperGIROS Team on Cross-border Payments in Colombia
May 03, 2022  |  Cross-border Payments

Western Union and SuperGIROS, part of the Acciones & Valores network, on Tuesday (May 3) teamed up to give Colombians more financial flexibility by adding...

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Today in Data: Small Businesses Are US Backbone but Still Need Support
Today in Data: Small Businesses Are US Backbone but Still Need Support
April 22, 2022  |  Today In Data

Today in data, small- to medium-sized businesses (SMBs) are the backbone of the U.S., and it’s no surprise that Latin American companies are becoming the...

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FinTech Clara, Mastercard Expand in Colombia
FinTech Clara, Mastercard Expand in Colombia
March 24, 2022  |  Partnerships

Three months after it achieved unicorn status with a value of more than $1 billion, the Latin American startup Clara has launched into Colombia with support...

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