Posted inArgentina, Government, News

5 fintechs accused of taking advantage of elderly and poor in Argentina

[wd_hustle id=”InArticleOptin” type=”embedded”/] Contxto – Ohhhh, somebody is in trouble. Actually lots of somebodies.  This week the Argentine government announced legal action is being taken against a group of fintechs. Their names: Smart Cash, Punto Click, Patagonia Cred, Efectivo Urgente, and Wenance. And the accusations are big: misuse of information, excessive fees, and fraud. The […]

Posted inBrazil, News, Startups

Lawsuits in Brazil continue for consumer-defending startups

Contxto – In Rio de Janeiro, a pair of lawsuits continue for two startups that handle consumer complaints against airline companies. The plaintiff in both instances is the local Brazilian Bar Association (OAB-RJ) and the defendants are LiberFly and QuickBrasil.  These startups offer financial compensation to consumers who’ve had a flight canceled or delayed. And […]