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)

Ualá Introduces No-Fee Credit Card in Argentina 
Ualá Introduces No-Fee Credit Card in Argentina 
December 01, 2023  |  Credit Cards

Ualá, a Buenos Aires-based FinTech company, has introduced a no-fee credit card in Argentina.  Backed by prominent investors including George Soros, Steve Cohen and Tencent Holdings,...

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BNPL App Cashea Grows in Venezuela Amid Pent-Up Demand for Credit
BNPL App Cashea Grows in Venezuela Amid Pent-Up Demand for Credit
December 01, 2023  |  Buy Now Pay Later

Buy now, pay later (BNPL) app Cashea is reportedly experiencing growth as it provides a much-needed solution to credit-starved consumers in Venezuela. The app has...

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Microsoft Prepares to Launch Mobile Gaming Store
Microsoft Prepares to Launch Mobile Gaming Store
November 30, 2023  |  Mobile Commerce

Microsoft is in talks with partners to launch a mobile gaming store that would compete with those of Apple and Google. Phil Spencer, the head...

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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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Construex Raises $4.6 Million to Digitize Latin American Construction Industry
Construex Raises $4.6 Million to Digitize Latin American Construction Industry
November 27, 2023  |  Investments

Construex, an Ecuador-based software-as-a-service marketplace, has raised $4.6 million in seed funding to accelerate its mission of digitizing the construction industry in Latin America. “This...

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40% of Mid-Sized LatAm Firms Use Working Capital to Fuel Growth
40% of Mid-Sized LatAm Firms Use Working Capital to Fuel Growth
November 20, 2023  |  SMBs

In the Latin America and Caribbean (LAC) region, 40% of mid-sized companies use various working capital solutions to support planned growth, driving the highest average...

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Jeeves and Bexs Partner on Cross-Border B2B Payments in Brazil
Jeeves and Bexs Partner on Cross-Border B2B Payments in Brazil
November 09, 2023  |  Partnerships

Jeeves and Bexs have partnered to launch a fully digital platform for cross-border business payments out of Brazil. With the collaboration, Jeeves makes it easier...

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Middle Market CFOs in Latin America See Working Capital as Strategic Tool
Middle Market CFOs in Latin America See Working Capital as Strategic Tool
November 09, 2023  |  VISA

Latin America and the Caribbean (LAC) ranks first among the five regions analyzed in the “Growth Corporates Working Capital Index.” In the past 12 months,...

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Mercado Libre Surpasses Expectations With Strong Q3 Earnings
Mercado Libre Surpasses Expectations With Strong Q3 Earnings
November 01, 2023  |  Earnings

Latin American eCommerce platform Mercado Libre reported third-quarter earnings that surpassed expectations and showcased its success in the region. The company’s income from operations reached a...

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