Latin America

Latin America is a group of countries and dependencies in the Western Hemisphere where Romance languages such as Spanish and Portuguese are predominantly spoken; it is broader than the terms Ibero-America or Hispanic America.

(source: en.wikipedia.org)

EBANX Teams With Brazil’s FastSpring to Expand Pix Usage
EBANX Teams With Brazil’s FastSpring to Expand Pix Usage
April 25, 2024  |  Partnerships

FastSpring and EBANX have teamed to expand the usage of the Pix payment in Brazil. FastSpring, based in Brazil, powers payments for global Software-as-a-Service and software companies. EBANX...

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Financial Infrastructure Platform QI Tech Achieves Unicorn Status
Financial Infrastructure Platform QI Tech Achieves Unicorn Status
April 25, 2024  |  Investments

Brazilian FinTech QI Tech has achieved unicorn status after extending its Series B round. With this extension, the firm raised additional equity with current investor...

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Brazilian Shoppers Surpass US, UK Counterparts in P2P Payments
Brazilian Shoppers Surpass US, UK Counterparts in P2P Payments
April 24, 2024  |  Consumer Insights

Despite outsized growth in Click-and-Mortar™ shopping opportunities in Brazil during the last three years, retailers there still don’t offer 39% of the digital features consumers...

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JetBlue Scales Back Routes in ‘Urgent’ Effort to Restore Profitability
JetBlue Scales Back Routes in ‘Urgent’ Effort to Restore Profitability
April 23, 2024  |  Earnings

JetBlue is removing and scaling back routes as it tries to regain profitability. The air carrier on Tuesday (April 23) released earnings that showed the company reducing its...

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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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Rappi Getting Ready for IPO ‘When It Makes Sense’
Rappi Getting Ready for IPO ‘When It Makes Sense’
April 11, 2024  |  IPO

Delivery service Rappi is getting ready for a future initial public offering (IPO). The company, which is one of Latin America’s most valuable startups, does not have...

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Ex-PayPal CEO Dan Schulman Joins Valor Capital
Ex-PayPal CEO Dan Schulman Joins Valor Capital
April 10, 2024  |  Personnel

Former PayPal CEO Dan Schulman has been named managing partner at Valor Capital. The firm, which says it launched the first U.S. and Latin American cross-border venture fund in 2011, announced...

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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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Brazilian FinTechs Under Pressure as Delinquency Rates Soar
Brazilian FinTechs Under Pressure as Delinquency Rates Soar
March 25, 2024  |  Loans

Brazilian FinTech firms are reportedly grappling with a surge in loan defaults, leading to a crisis in the asset-backed credit market. The delinquency rates on...

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