LatAm

MercadoLibre and Nubank Get More Aggressive in LatAm Digital Banking Race
MercadoLibre and Nubank Get More Aggressive in LatAm Digital Banking Race
December 10, 2024  |  Latin America

Who will become Latin America’s dominant digital banking force, MercadoLibre or Nubank? It’s a question posed Tuesday (Dec. 10) in a report by Bloomberg News,...

READ MORE >
Equifax and Mastercard Partner on Fraud Management in Latin America
Equifax and Mastercard Partner on Fraud Management in Latin America
December 05, 2024  |  Partnerships

Equifax and Mastercard have partnered to provide fraud management tools to businesses in Latin America, excluding Brazil. This collaboration will make these tools available to Mastercard business...

READ MORE >
dLocal Becomes Certified Payment Initiation Service Provider in Brazil
dLocal Becomes Certified Payment Initiation Service Provider in Brazil
November 26, 2024  |  Cross-border Payments

Cross-border payment platform dLocal can now facilitate Pix payments directly within the Open Finance ecosystem, without redirecting users to bank apps. The company gained this ability by...

READ MORE >
Brazilian Banks Improve Profitability, Led by Digital Players
Brazilian Banks Improve Profitability, Led by Digital Players
November 21, 2024  |  Digital-First Banking

Digital banks reportedly led Brazilian banks’ profitability improvements during the first half of the year. The country’s digital banks saw their annual return on equity (ROE)...

READ MORE >
PXP Financial Launches LatAm Payments Partnership With Kushki
PXP Financial Launches LatAm Payments Partnership With Kushki
October 15, 2024  |  Partnerships

Global payments services firm PXP Financial has teamed with Latin America-based payment platform Kushki. The collaboration, announced in a Tuesday (Oct. 15) blog post, will let PXP use Kushki’s technology...

READ MORE >
Mercado Pago Applies for Banking License in Mexico
Mercado Pago Applies for Banking License in Mexico
September 25, 2024  |  Digital-First Banking

Mercado Pago, the FinTech arm of MercadoLibre, reportedly applied for a banking license in Mexico earlier this month. The firm sent the application to the Mexican...

READ MORE >
Brazil to Bar Use of Credit Cards in Online Gambling
Brazil to Bar Use of Credit Cards in Online Gambling
September 17, 2024  |  Regulation

Online gambling companies reportedly will be prevented from operating in Brazil if they haven’t requested authorization to do so. The potential suspensions announced by Brazil’s...

READ MORE >
VC Firm Upload Ventures Trades Credit FinTechs for AI Investments
VC Firm Upload Ventures Trades Credit FinTechs for AI Investments
September 11, 2024  |  Investments

Brazilian investment firm Upload Ventures is reportedly upping its artificial intelligence (AI) investments while avoiding credit FinTechs. That’s according to a Bloomberg News interview Wednesday...

READ MORE >
Nuvei Set to Acquire Brazil’s Pay2All
Nuvei Set to Acquire Brazil’s Pay2All
August 05, 2024  |  Acquisitions

Canadian payments FinTech Nuvei is set to acquire Brazilian payments institution Pay2All. The deal, announced Monday (Aug. 5), is designed to expand Nuvei’s capabilities in...

READ MORE >