mexico

Mexico is a country between the U.S. and Central America that's known for its Pacific and Gulf of Mexico beaches and its diverse landscape of mountains, deserts and jungles. Ancient ruins such as Teotihuacán and the Mayan city of Chichén Itzá are scattered throughout the country, as are Spanish colonial-era towns. In capital Mexico City, upscale shops, renowned museums and gourmet restaurants cater to modern life.

China’s Whale Cloud Teams With Mexico’s Toka FinTech to Develop Payment App
China’s Whale Cloud Teams With Mexico’s Toka FinTech to Develop Payment App
November 10, 2021  |  B2B Payments

China-based Whale Cloud, which provides telecommunications software solutions, has partnered with Toka Fintech, based in Mexico, to develop a new digital payment app with Alipay+...

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Argentinian FinTech Uala Buys ABC Capital for Ongoing Expansion
Argentinian FinTech Uala Buys ABC Capital for Ongoing Expansion
November 03, 2021  |  Partnerships / Acquisitions

Ualá, an Argentine financial services firm, has reached an agreement to buy ABC Capital, a Mexican bank, which will allow it to boost expansion and...

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Surging Debit Use Leads ‘Eighty-Fold’ Acceleration in LatAm Digital Payments
Surging Debit Use Leads ‘Eighty-Fold’ Acceleration in LatAm Digital Payments
October 25, 2021  |  Payment Methods

In just two years, Latin American debit and credit card use rates have essentially swapped their market share positions.  In 2019, roughly 60% of the...

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Revolut Moves Into Mexico With Appointment of CEO Juan Miguel Guerra 
Revolut Moves Into Mexico With Appointment of CEO Juan Miguel Guerra 
October 22, 2021  |  Digital-First Banking

U.K. FinTech super app Revolut is expanding into Mexico and the Latin American market and named Juan Miguel Guerra CEO to build and lead its...

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Mexico’s B2B Cash-Flow Manager Higo Nets $23M
Mexico’s B2B Cash-Flow Manager Higo Nets $23M
October 04, 2021  |  B2B Payments

Higo, a Mexican B2B company, has raised $23 million in a Series A round, CB Insights reported. The company plans to use the capital to...

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SMB Lender Konfio Hits $1.3B Valuation Following $110M Fundraise
SMB Lender Konfio Hits $1.3B Valuation Following $110M Fundraise
September 29, 2021  |  Investments

With the close of an extended $110 million Series E funding round, small- to medium-sized business (SMB) financial services startup Konfío is now a Mexican...

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Bitcoin Daily: Ukraine OKs Regulations for Crypto, Legalizes It; Mexico’s Central Bank Chief Says Bitcoin ‘Not Really Money’
Bitcoin Daily: Ukraine OKs Regulations for Crypto, Legalizes It; Mexico’s Central Bank Chief Says Bitcoin...
September 09, 2021  |  Bitcoin

Ukraine is the latest country to put down new official cryptocurrency-related rulings as it moves toward legitimizing the digital currency, CNBC reported. Get the Full...

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US Fiscal Stimulus Boosts Remittances to Mexico to Record $4.54B in July
US Fiscal Stimulus Boosts Remittances to Mexico to Record $4.54B in July
September 01, 2021  |  Global Payments

Remittances to Mexico from the U.S. are seeing new highs, hitting a record $4.54 billion in July, Bloomberg reported. Get the Full Story Complete the...

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Mexican Digital Payment Platform Clip Raises $250 Million
Mexican Digital Payment Platform Clip Raises $250 Million
June 10, 2021  |  Investments

Payments FinTech Clip, based in Mexico, has received $250 million from the SoftBank Latin America Fund as well as Viking Global Investors, according to a...

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