Mexican FinTech Klar is reportedly aiming to go public at the end of 2026. Juan Sarmiento, the company’s vice president of finance, told Bloomberg News Saturday (Nov. 2) that Klar is eyeing annual run rate of $500 million as a target for its initial public...
Mexico-based FinTech Aviva has raised $5.5 million in seed funding. “This oversubscribed round highlights the strength of our model’s unit economics, as well as our mission to provide innovative and accessible financial services to a market of 70 million people who are still underserved or...
Crypto had a bumpy, and at times wild, 2023. But industry observers and participants continue to believe that blockchain technology and cryptocurrencies have the potential to revolutionize financial inclusion for marginalized and unbanked communities worldwide. There are many ways in which blockchain technology and cryptocurrencies can remove barriers,...
Tala says it is approaching 1 million wallet users in the Philippines after launching there in April. The announcement by the money app for the underbanked Wednesday (Aug. 22) comes months after it reached 8 million customers, and is happening amid a worldwide increase in...
January 04, 2024
Crypto had a bumpy, and at times wild, 2023. But industry observers and participants continue to believe that blockchain technology and cryptocurrencies have the potential to revolutionize financial inclusion for marginalized and unbanked communities worldwide. There are many ways in which blockchain technology and cryptocurrencies can remove barriers, such as a lack of digital identity, for underserved individuals […]
February 03, 2023
The conventional wisdom is that the shift to digital payments has led us all away from cash. Jamison Jaworski, GM-SVP of retail and Green Dot Network at Green Dot, and...
July 07, 2021
One of the lesser-known troubles of the modern economy is the prevalence of unbanked and underbanked individuals. Unbanked individuals lack access to bank accounts while underbanked individuals have bank accounts...
June 08, 2020
The World Bank distributes about $25 billion a year to countries through governments that identify areas where investment is needed and capital can be deployed to build infrastructure. Traditional conduits...
April 06, 2026
After helping connect 1 billion people and 65 million small businesses to the digital economy over the past decade, Mastercard has committed to connect another 500 million people and small businesses by 2030. This effort will help provide financial resilience to more of the 2 billion people who remain underbanked or unbanked, the company said […]
November 03, 2024
Mexican FinTech Klar is reportedly aiming to go public at the end of 2026. Juan Sarmiento, the company’s vice president of finance, told Bloomberg News Saturday (Nov. 2) that Klar...
August 05, 2024
Mexico-based FinTech Aviva has raised $5.5 million in seed funding. “This oversubscribed round highlights the strength of our model’s unit economics, as well as our mission to provide innovative and...
August 10, 2023
Moove has secured $76 million in new funding to expand its financial services platform for mobility gig workers. The new funding consists of $28 million in equity from new and existing...
