LatAm

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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JPMorgan Boosts Investment in Brazil’s C6 Bank
JPMorgan Boosts Investment in Brazil’s C6 Bank
August 29, 2023  |  Investments

J.P. Morgan Chase & Co. has boosted its stake in Brazilian digital bank C6 Bank from 40% to 46%. The financial terms of the deal were not disclosed,...

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Digital Wallet Belo Launches Web Platform for B2B Cross-Border Payments
Digital Wallet Belo Launches Web Platform for B2B Cross-Border Payments
August 25, 2023  |  B2B Payments

Digital wallet Belo has launched a web platform to help businesses make cross-border transactions.  This initiative allows companies from 108 countries to open a free account...

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Citi Backs Peruvian FX FinTech Rextie to Focus on Small Business Transactions
Citi Backs Peruvian FX FinTech Rextie to Focus on Small Business Transactions
August 24, 2023  |  Investments

Citi says it is investing in Peruvian foreign exchange (FX) FinTech Rextie.  “The investment makes Rextie Latin America’s first FX FinTech to receive an investment from one...

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Clara Launches Cross-Border Payments Service in Mexico
Clara Launches Cross-Border Payments Service in Mexico
August 21, 2023  |  Cross-border Payments

FinTech company Clara has reportedly launched a cross-border payments service in Mexico.  The service facilitates international transactions by allowing clients to pay bills in foreign currencies, Reuters reported Monday...

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Visa to Acquire Core Banking Platform Pismo for $1 Billion
Visa to Acquire Core Banking Platform Pismo for $1 Billion
June 28, 2023  |  Acquisitions

Visa plans to acquire Pismo for $1 billion cash to provide more solutions to its customers. The acquisition will also expand the geographic footprint of Pismo, a cloud-native...

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FinTechs Help Global Firms ‘Go Digital’ in Latin America
FinTechs Help Global Firms ‘Go Digital’ in Latin America
February 21, 2023  |  Latin America

Latin America is in the midst of a historical digital commerce boom. The region’s market of small- to mid-sized businesses and professionals that offer digital...

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Binance and Mastercard Team to Tap Into Brazilian Crypto Market
Binance and Mastercard Team to Tap Into Brazilian Crypto Market
January 30, 2023  |  Cryptocurrency

Mastercard has teamed with Binance to tap into the crypto company’s popularity in Brazil. The companies announced Monday (Jan. 30) they had launched a prepaid card...

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