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,...
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...
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...
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...
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...
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...
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...
The two biggest economies in South America are reportedly working on a common currency. Brazil and Argentina will announce the project this week, the Financial...
Latin American open finance firm Syncfy has raised $10 million to broaden its customer base. The funding — a seed round led by Point72 Ventures...