WiPay Introduces COLOUR App to Empower Afro-Colombian Communities Financially
The digital financial solution will provide digital banking through Visa services.
Keep up to Date with Latin American VC, Startups News
Venture Capital Outlook 2024: Challenges and Strategic Shifts
Venture capital faces tighter hiring, smaller funds, and geopolitical tensions in 2024, reflecting a strategic shift amidst a challenging macroeconomic landscape.
Banco de España Fines Pecunpay for Regulatory Non-Compliance
Fine imposed is for 1.1 million euro fine for a series of regulatory breaches during 2021 and 2022.
Coppel Spearheads Mexican E-commerce, investing MX$660M to establish a Digital Campus
This in addition to the MX$40 million pesos investment in technology, and MX$5 million pesos in solar panels
Self, an AI Asset Management Fintech Eyes Colombian Expansion in 2024
Founded in 2017 by consultant Sebastián Chaparro, Self evolved from a simple AI-based algorithm into a sophisticated platform for managing various financial assets.
Spanish furniture startup, Hannun Acquires 51% Stake in Danish Furniture Firm We do Wood
The acquisition, which was announced last August, is seen as a strategic move to augment HANNUN's product portfolio with over 150 unique designs crafted from certified oak (FSC) and to extend its geographical footprint into the significant Scandinavian market.
Revolut Gains Approval to Offer Home Loans across the European Economic Area (EEA)
This is a significant milestone for Revolut and the European fintech sector, reflecting the digital bank's expanding suite of financial services.
2024 Outlook: Microsoft/OpenAI Rift, AI Shifts, and Election Misinformation
2024 anticipates significant AI industry changes, including a potential Microsoft/OpenAI split, novel model emergence, and AI's impact on global elections.
Crema Eyes Expansion into Chile and Colombia with Local Transfer Services
Set to raise $1 million for growth, Crema aims to capture cross-border payments for freelancers in Latin America.
Apple Pay’s Arrival in Chile Spurs Over Digital Wallet Growth
Banks are reporting a 1000% increase in NFC technology usage.