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Colombia

Nanocred, The Fintech Faces Massive $327M Fine for Deception, Usury

The company misled users, charged illegally high rates on its Profin App.

March 20, 2024

Colombian Fintech Addi Secures $86M in Funding Round Led by Goldman Sachs and Singapore’s GIC

Buy-now, pay-later app reaches 2M users, but valuation takes a hit

March 20, 2024

Wallib Launches Colombia’s First Hybrid Currency VISA Debit Card

This card, which permits transactions in Bitcoin, US dollars, and Colombian pesos, represents a forward-thinking approach to financial inclusivity and...

March 14, 2024

LLYC Venturing Invests $200K in Colombian AI Voice Startup WeKall

The investment aims to fuel the startup's growth and international expansion, spotlighting the startup's AI-driven customer experience solutions.

March 13, 2024

Metamask Expands in Latin America, Integrates Local Payment Methods

In Mexico, SPEI and STP; in Colombia, PSE; and in Peru, Chile, and Argentina, Khipu and traditional bank transfers are...

March 7, 2024

Infinity Capital Acquires Andro a Colombian Startup Focused on Stablecoin Protection

The undisclosed seven-figure deal reflects Infinity Capital's strategy to enhance its services with Andro's technology and includes an eight-month support...

March 7, 2024

Colombian Startup Kravata Raises $3.6 Million for Latin American Expansion

The company specializes in secure, fast, and efficient payments for businesses, preparing to extend services to Mexico, Panama, Chile, and...

March 7, 2024

Redeban Acquires Fintech SoyYo to Enhance Market Leadership

Redeban's acquisition of SoyYo aims to bolster its digital authentication solutions, promising an improved experience for users and promoting financial...

February 22, 2024

Simetrik Secures $55M Series B Funding Led by Goldman Sachs

This significant investment, joined by FinTech Collective, Cometa, Falabella Ventures, Endeavor Catalyst, Actyus, Moore Strategic Ventures, Mercado Libre Fund, and...

February 21, 2024

Nuvei Introduces Direct Acquiring in Colombia, Expanding LATAM Presence

Becoming the first global payment provider to offer direct acquiring services in Colombia, enhancing e-commerce operations and local payment experiences.

February 21, 2024