Colombia

Colombia Eyes CBDC to Ease Transactions, Stop Tax Evasion

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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