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)

MercadoLibre Eyes Digitizing Mexico’s Cash Economy Amid Record Growth
MercadoLibre Eyes Digitizing Mexico’s Cash Economy Amid Record Growth
August 03, 2023  |  Earnings

Latin American eCommerce platform MercadoLibre highlighted record growth in the second quarter of 2023, driven primarily by sales growth and cost efficiencies. Net revenue grew 57.2% year...

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Generational Shift Forces Construction Industry Digital Transformation
Generational Shift Forces Construction Industry Digital Transformation
July 26, 2023  |  Supply Chain

The historically fragmented industrial economy is getting a modern makeover. And while ecosystem needs are different from geography to geography, a fundamental shift in digital...

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ACI Worldwide and Dock Bring ‘Acquiring-as-a-Service’ to Brazil
ACI Worldwide and Dock Bring ‘Acquiring-as-a-Service’ to Brazil
July 19, 2023  |  Partnerships

ACI Worldwide says it wants to bring “Acquiring-as-a-Service” to the Brazilian market. To that end, the real-time payments software company has teamed with Dock, a...

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TikTok Takes on Spotify With Music Subscription in Brazil and Indonesia
TikTok Takes on Spotify With Music Subscription in Brazil and Indonesia
July 13, 2023  |  Subscriptions

TikTok is reportedly making a play for consumers’ music streaming spending with a new subscription platform. The video platform has launched a “TikTok Music” streaming service...

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Alphabet’s AI Chatbot Bard Launches in Europe and Brazil
Alphabet’s AI Chatbot Bard Launches in Europe and Brazil
July 13, 2023  |  Artificial Intelligence

Google’s artificial intelligence (AI) chatbot, Bard, has officially launched in Europe and Brazil as the company prepares to take on ChatGPT. The company announced in a Thursday...

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Marqeta Expands Into Brazil With Fitbank Partnership
Marqeta Expands Into Brazil With Fitbank Partnership
July 11, 2023  |  Partnerships

Card issuer Marqeta is entering Latin America’s largest FinTech market with its expansion into Brazil. That expansion is happening via a partnership with Latin American banking-as-a-service (BaaS) platform Fitbank and...

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Fundacíon Dondé Rolls out Western Union Remittance Services Across Mexico
Fundacíon Dondé Rolls out Western Union Remittance Services Across Mexico
June 28, 2023  |  Global Payments

Fundacíon Dondé has rolled out Western Union remittance services at 332 branch offices across Mexico. The nonprofit private assistance institution’s partnership with Western Union now...

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Mexico and Peru to Follow Brazil’s Real-Time Payments Footsteps
Mexico and Peru to Follow Brazil’s Real-Time Payments Footsteps
June 18, 2023  |  Real-Time Payments

Despite large proportions of unbanked households hampering real-time payments adoption in Latin America, some countries in the region are expected to see massive real-time payments...

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PayPal Ventures Leads $14 Million Fundraise for LatAm’s eCommerce Startup Nocnoc
PayPal Ventures Leads $14 Million Fundraise for LatAm’s eCommerce Startup Nocnoc
June 12, 2023  |  Investments

PayPal Ventures has helped Latin America eCommerce platform Nocnoc raise $14 million. The Series A funding will let Nocnoc expand into new markets and enhance...

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