Nanocred, The Fintech Faces Massive $327M Fine for Deception, Usury
The company misled users, charged illegally high rates on its Profin App.
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Uruguayan Fintech dLocal Explores Acquisitions and Buybacks Amid Market Consolidation
Company posts strong cash position, but misses earnings estimates, causing stock to tumble
Marco Raises $12 Million for Latin American Trade Finance Platform
The company seeks to digitize and streamline the trade finance process, which has traditionally been dominated by large bank
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
Google Slapped with $271M Fine in France Over AI Training with Publisher Data
The French authority is clearly not messing around when it comes to making sure Google deals fairly with the media sector. This latest fine comes on top of a previous $542 million penalty for similar shenanigans.
Is Perplexity’s AI Dethroning Google with Its Own Data?
In a surprising revelation, Aravind Srinivas, CEO of the AI-powered search engine Perplexity, admitted that his company incorporates website ranking signals from both Google and Microsoft's Bing search engine.
diio: The AI-Powered Sales Assistant Helping Teams Close More Deals
Raised $1 million FEN Ventures alongside a group of angel investors, including the founders of Cornershop, as well as VCs such as Cristóbal Piñera of Daedalus and Salvador Said of 30N, who invested personally.
Guru Spoc Receives Green Light for Open Insurance Operations in Brazil
Fintech to offer digital wallet, insurance aggregation, and comparison services in the land of samba and soccer
Chilean IPTV Provider Zapping.com Exposes User Financial Data
Misconfigured server leaks personal info, but company downplays impact
Soho House Fights Back Amid Challenges
Membership club chain defends its turf as short-sellers and privatization loom