Colombia news and trends

Worldpay Brings Domestic Acquiring Capabilities to Colombia
eCommerce // May 21, 2025

Payments tech firm Worldpay says it now offers domestic acquiring capabilities in Colombia. It’s part of an ongoing expansion into Latin America, with Worldpay supporting some of the largest merchants in Argentina, Brazil and Mexico, the Cincinnati-based company said in a Wednesday (May 21) news...

Nuvei: LatAm Beckons to eCommerce Companies ‘Going Local’
eCommerce // March 12, 2025

For merchants seeking new customers around the globe — to gain top-line momentum through eCommerce — few markets beckon like Latin America. PYMNTS Intelligence has found, as detailed in the “How the World Does Digital” reports, that Brazil, for example, has among the most digitally...

MercadoLibre and Nubank Get More Aggressive in LatAm Digital Banking Race
Latin America // December 10, 2024

Who will become Latin America’s dominant digital banking force, MercadoLibre or Nubank? It’s a question posed Tuesday (Dec. 10) in a report by Bloomberg News, which noted that MercadoLibre — which has its roots in the eCommerce world — is increasingly seeking the same turf...

Stori Expands to Colombia, Aims to Serve Underbanked Consumers
Financial Inclusion // August 29, 2024

Mexican FinTech startup Stori has begun its expansion into Colombia. The company said it will spend $100 million on the project over the next three years and has named former Rappi head of payments Carlos Ayalde to lead its operations in Colombia, Bloomberg reported Thursday (Aug. 29). Stori focuses...

Interviews & Exclusives
Nuvei: LatAm Beckons to eCommerce Companies ‘Going Local’

March 12, 2025
For merchants seeking new customers around the globe — to gain top-line momentum through eCommerce — few markets beckon like Latin America. PYMNTS Intelligence has found, as detailed in the “How the World Does Digital” reports, that Brazil, for example, has among the most digitally engaged consumers in the world, using their devices to do […]

Real-Time Payments Put Spotlight on Small Businesses as New Year Begins

January 09, 2024
As the new year begins, the global demand for faster, streamlined transactions continues to fuel the expansion of real-time payments worldwide. Countries are employing diverse approaches to developing, deploying and...

The Impact of Real-Time Payments on GDP Growth in Emerging Markets

February 01, 2023
Real-time payments have become indispensable for the global economy, with a previous PYMNTS study finding that 86% of businesses generating annual revenues between $500 million to $1 billion using this...

Surging Debit Use Leads ‘Eighty-Fold’ Acceleration in LatAm Digital Payments

October 25, 2021
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 total purchases in the region...

Quick Reads
Revolut Secures Sixth Global Bank License in Colombia

September 15, 2026
Revolut continued its global expansion by securing a bank license in Colombia, the company said in a Tuesday (Sept. 15) press release. The license to operate (licencia de funcionamiento) from the Superintendencia Financiera de Colombia (SFC) is the last of the regulatory requirements Revolut needs to launch as a regulated bank in the country, according […]

Worldpay Brings Domestic Acquiring Capabilities to Colombia

May 21, 2025
Payments tech firm Worldpay says it now offers domestic acquiring capabilities in Colombia. It’s part of an ongoing expansion into Latin America, with Worldpay supporting some of the largest merchants...

MercadoLibre and Nubank Get More Aggressive in LatAm Digital Banking Race

December 10, 2024
Who will become Latin America’s dominant digital banking force, MercadoLibre or Nubank? It’s a question posed Tuesday (Dec. 10) in a report by Bloomberg News, which noted that MercadoLibre —...

Stori Expands to Colombia, Aims to Serve Underbanked Consumers

August 29, 2024
Mexican FinTech startup Stori has begun its expansion into Colombia. The company said it will spend $100 million on the project over the next three years and has named former Rappi head...