Posted inMexico

Mexican government rolls out initial open banking regulations

Contxto – Last week Mexico’s National Banking and Securities Commission (CNBV) published the first set of regulations regarding open banking in the country. The takeaway: These regulations aren’t exactly “groundbreaking” as they only address the sharing of unclassified information between financial institutions and fintechs.  I say “financial institutions” because although the oft-used term is “open […]

Posted inUruguay

Prometeo promises to expand open banking API products to Brazil and Panama

[wd_hustle id=”InArticleOptin” type=”embedded”/] Contxto – Prometeo is bringing its open banking APIs (Application Programming Interfaces) to more fintechs in the region. The startup recently announced it expanded its services into two countries: Brazil and Panama. According to Prometeo’s website, it had already been operating in seven other markets in Latin America: Argentina, Chile, Colombia, Ecuador, […]

Posted inMexico

Galileo is going in for the Mexican fintech market, partnering with Klar

[wd_hustle id=”InArticleOptin” type=”embedded”/] Contxto – Mexican challenger bank Klar is buddying up with US-based fintech, API, and payments platform, Galileo. This is another step in the latter’s expansion into Mexico. In February of this year, it had opened its offices in the capital. Moreover, consumer financial services platform SoFi acquired Galileo for US$1.2 billion last […]

Posted inMexico

Life after Y Combinator, software startup Belvo tells all

[wd_hustle id=”InArticleOptin” type=”embedded”/] Contxto – Y Combinator’s Demo Day has come and gone. So what’s next for the Latam startups that participated in this coveted accelerator? For Mexican API platform Belvo, life after YC means full-steam ahead in scaling operations and developing its product.  As the startup recently told Contxto, thanks to the funding it […]