LatAm

Revolut Invests $100 Million in Mexico as Remittances Jump
Revolut Invests $100 Million in Mexico as Remittances Jump
April 18, 2024  |  Digital Banking

Revolut has reportedly made a $100 million-plus bet on Mexico’s remittance market. Speaking with Reuters Wednesday (April 17), Revolut Mexico CEO Juan Miguel Guerra said...

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DraftKings and MGM Find New Gaming Frontier in Brazil
DraftKings and MGM Find New Gaming Frontier in Brazil
April 03, 2024  |  International

Some of the sports betting world’s biggest players have reportedly turned their sights on Brazil. Companies such as DraftKings and MGM Resorts International are exploring entry into Latin America’s largest economy...

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Optimism in Fleet and Mobility Sector Fuels Use of Working Capital
Optimism in Fleet and Mobility Sector Fuels Use of Working Capital
March 12, 2024  |  Business

All companies in growth mode need access to capital, whether to fund short-term operational needs, mitigate unexpected expenses or execute plans for growth. One key...

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Bakkt Expands Crypto Trading Capabilities to 5 More Countries
Bakkt Expands Crypto Trading Capabilities to 5 More Countries
January 24, 2024  |  Cryptocurrency

Bakkt has expanded its crypto trading capabilities to Brazil, Guatemala, Spain, Hong Kong and Singapore. This expansion broadens Bakkt’s footprint in Latin America and marks its...

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PayPal, Samsung Join LatAm-Focused FinTech Prometeo’s $13 Million Series A
PayPal, Samsung Join LatAm-Focused FinTech Prometeo’s $13 Million Series A
January 12, 2024  |  Investments

Prometeo, a Uruguay-based FinTech infrastructure company focused on financial institutions in Latin America, has raised $13 million in Series A funding.  The funding round was...

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Latin American FinTech Clara Launches Payment Account in Brazil 
Latin American FinTech Clara Launches Payment Account in Brazil 
November 28, 2023  |  Latin America

Clara, a Latin American FinTech company, has launched a payment account in Brazil.  The new payment account offering complements Clara’s existing range of products, which...

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Payflow Raises $21 Million to Expand Earned Wage Access
Payflow Raises $21 Million to Expand Earned Wage Access
September 18, 2023  |  Payroll

Spanish FinTech Payflow has raised $21 million to expand its on-demand payment offering for employees.  “In the current context, this is more than great news, this...

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Nelo and Paymentology Team to Expand Google Pay Use in Mexico
Nelo and Paymentology Team to Expand Google Pay Use in Mexico
September 12, 2023  |  Financial Inclusion

Consumer payments platform Nelo has joined forces with Paymentology to drive financial inclusion in Mexico. The collaboration, announced Tuesday (Sept. 12), will see Paymentology — a U.K.-based card issuer —...

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Nubank Launches Personal Loans for Customers in Mexico
Nubank Launches Personal Loans for Customers in Mexico
September 05, 2023  |  Personal Loans

Latin American FinTech Nubank says it will begin offering personal loans to customers in Mexico. The new product, announced Tuesday (Sept. 5), will roll out in the days ahead...

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