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Fintech

Ualá Lays Off 9% of Staff Amid Regional Reorganization

Argentinian fintech Ualá announced a 9% workforce reduction, citing regional role duplications following recent investments in Argentina, Colombia, and Mexico....

May 27, 2024

Prometeo plans expansion to Mexico, US, and Brazil in 2024

Prometeo will expand to Mexico, the United States, and Brazil between 2024 and 2025. The Uruguayan Open Banking company aims...

May 23, 2024

Kushki Expands as Acquirer Across Four Latin American Countries

Kushki, an Ecuadorian fintech unicorn, initially began as a payment service provider (PSP) eight years ago. Last year, the company...

May 21, 2024

MercadoLibre Kicks Off Talks to Apply for Mexico Banking License

MercadoLibre Inc., a leading e-commerce and fintech company, has initiated discussions with Mexican authorities to apply for a banking license....

May 21, 2024

Uruguayan Fintech Inswitch Sold to U.S. Tech Giant TransNetwork

Uruguayan fintech Inswitch has been acquired by U.S.-based TransNetwork, a B2B payment infrastructure platform for instant money transfers in Latin...

May 21, 2024

Global Fintech Alliance Sets Roadmap for Innovation and Collaboration

GFA, led by Rodrigo García de la Cruz, outlines plans during Dubai FinTech Summit.

May 17, 2024

Nubank Eyes Expansion in Mexico Amid Q1 Revenue Surge

Nubank reported record revenue of $2.7 billion in Q1 2024, with a net income of $378.8 million, surpassing the $357.3...

May 16, 2024

Aplazo Nets $45M in Series B Funding to Expand BNPL Services in Mexico

Mexican fintech Aplazo raises $45 million in Series B, focusing on underbanked consumers and offline merchants, led by QED Investors.

May 14, 2024

Celcoin Acquires Reg+ in Fourth Deal Over Two Years

Reg+ technology helps fintechs meet Brazilian regulatory requirements; terms of the deal remain undisclosed.

May 10, 2024

Brazilian Fintech Accounts Surge 77%, Surpassing Population Count

A Zetta survey reveals Brazilian fintechs now manage over 251 million individual accounts, driven by diverse consumer benefits.

May 8, 2024