Colombia

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. Get the Full Story Complete the form to...

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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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Colombian FinTech Bold Raises $55M
Colombian FinTech Bold Raises $55M
February 03, 2022  |  Investments

Colombian FinTech Bold has raised $55 million in a Series B round led by Tiger Global Management, the Bogota-based company announced in a news release...

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Clave, Kandeo to Expand Consumer Lending in Colombia 
Clave, Kandeo to Expand Consumer Lending in Colombia 
December 07, 2021  |  News

Two Latin American companies — the consumer lending platform Clave and the private equity firm Kandeo Asset Management — say they are joining forces to...

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Brazil, Colombia Lead Latin America for FinTech Growth
Brazil, Colombia Lead Latin America for FinTech Growth
November 01, 2021  |  Fintech Investments

The FinTech trade is flourishing in Colombia, with an expansion of 120% each year and investments of more than $1 billion in the past three...

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Surging Debit Use Leads ‘Eighty-Fold’ Acceleration in LatAm Digital Payments
Surging Debit Use Leads ‘Eighty-Fold’ Acceleration in LatAm Digital Payments
October 25, 2021  |  Payment Methods

In just two years, Latin American debit and credit card use rates have essentially swapped their market share positions.  In 2019, roughly 60% of the...

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