Tagged: latam

Vermiculus Provides Real-Time Clearing System For Brazil

Vermiculus, a provider of trading, clearing and CSD technology, has successfully delivered the real-time clearing system that is now live on CERC, the main financial market infrastructure specialized in receivables in Brazil. CERC aims to make the Brazilian market of receivables more efficient, reliable and… Read More

Brazil : New Law Updates Legal Framework for FX Market and Capital Flows

Brazil has introduced a groundbreaking piece of legislation aimed at overhauling the rules governing its foreign exchange market and international capital flows. Signed into law by the president on December 29, 2021, and officially enacted as Law No. 14,286, this reform seeks to update and… Read More

Mexican Fintech Clip Releases Tap to Pay for Android

Clip, a Mexican digital commerce platform, this week introduced its Tap to Pay technology solution for Android, which allows businesses to accept contactless payments with their cell phones with a single tap, without the need to invest in a physical terminal, to start transacting. Clip… Read More

Digital Bank Revolut Introduces Full Banking Operations in Mexico

Digital bank Revolut has initiated complete banking activities in Mexico. This development represents the company’s inaugural full-scale banking venture beyond Europe, positioning Mexico as a pivotal entry point for further growth in emerging markets. Announced this month, the launch follows the conclusion of a beta… Read More

Digital Banking : Brazil’s Nubank Plans to Invest in Long-Term Business Expansion Efforts

Digital banking provider Nubank (NYSE: NU), which focuses on serving consumers in Brazil at the broader LatAm region, announced recently it has exceeded 112 million customers, capturing about 61% of Brazil’s adult population. This surge reportedly positions Nubank as one of the largest private financial institutions… Read More

Digital Banking : Brazil’s Nubank Remains Focused on Financial Inclusion, Improving UX, LatAm Markets

Nubank (NYSE: NU) continues to redefine banking by prioritizing customer value through new partnerships in 2026 and tailored digital financial services. As one of Latin America’s digital banks, Nubank has recently unveiled a series of updates that highlight its commitment to financial inclusion, improved user… Read More

Revolut Targets Peruvian Banking License Amid Latin American Growth Push

Digital bank Revolut has submitted an application for a full banking license in Peru. This step marks the company’s latest effort to broaden its services across Latin America, where it aims to challenge entrenched players and cater to underserved populations. Revolut, known for its app-based… Read More

Fintech Firm Prometeo Joins FDATA, Strengthening Open Finance Initiatives in North America

The Financial Data and Technology Association (FDATA), a trade group supporting consumer-permissioned financial data access, has welcomed Prometeo as its latest member. This addition bolsters FDATA’s growing network of more than 30 fintech companies and data platforms operating across the United States and Canada. FDATA… Read More

Payments Fintech dLocal Plans Business Expansion into Asian Markets

dLocal Ltd, a payments platform specializing in emerging markets, is set to significantly strengthen its footprint in Asia during 2026. The Uruguay-based fintech company, which enables global merchants to seamlessly connect with consumers in high-growth regions across Latin America and Asia, views the continent as… Read More

Colombia Forges Ahead with Cryptocurrency Taxation Framework as International Norms Evolve

Colombia’s tax authority has rolled out enhanced regulations for cryptocurrency transactions, aligning with burgeoning worldwide protocols designed to promote transparency in digital assets. This development comes at a time when nations globally are grappling with the expansion of crypto markets, seeking to integrate them into… Read More

Stablecoin Startup Kontigo Commits to Full Reimbursement of User Funds Following Major Security Breach

Kontigo, a stablecoin banking platform primarily serving users in Latin America, has committed to fully compensating customers impacted by a recent cyberattack. The incident, which compromised approximately $340,905 in stablecoin holdings, affected more than 1,000 individuals, highlighting ongoing vulnerabilities in the digital finance space. The… Read More

LatAm Startups Gear Up for a 2026 Investment Revival, with Fintech Being Key Focus Area : Analysis

As the global economy stabilizes, venture capital in Latin America’s startup ecosystem is on the cusp of a significant resurgence in 2026. After enduring a multi-year slowdown triggered by economic headwinds since 2022, experts forecast a renewed influx of funding, particularly targeting financial technology companies…. Read More

Bitfarms Completes Latin America Exit with $30M Paraguay Facility Sale, Accelerating North American AI and HPC Expansion

Bitcoin mining company Bitfarms Ltd. (Nasdaq: BITF) has finalized its withdrawal from Latin America by divesting its last remaining asset in the region, a 70-megawatt facility in Paso Pe, Paraguay. The sale, valued at up to $30 million, underscores the firm’s deliberate pivot toward high-performance… Read More

Elliptic Teams Up with Obsidiam and Volcanic Glass to Enable Stablecoin Compliance

Elliptic has partnered with Obsidiam, a Costa Rica based stablecoin services provider, and its Swiss sister company, Volcanic Glass, to enhance compliance and transparency in cross-border payments. The partnership will now aim to support Obsidiam’s mission to help build Latin America’s on-chain economy by providing “regulated,… Read More

Nu Colombia Reports Steady Growth and Expands Credit Portfolio

Nubank (NYSE: NU) is marking an important milestone in Colombia: it now claims to serve around 4 million customers, which is roughly said to be the equivalent of 1 in every 1o adults in the South American nation. The overall result now reinforces the role… Read More

Nubank to Help Clients Manage Recurring Payments with Subscription Tool

Nubank (NYSE: NU), which claims to be one of the world’s largest digital financial services platforms, has recently announced the launch of its Subscription Manager tool, centralizing all of Nubank clients’ recurring charges in a single place. Internal Nubank data collected from Oct 2024 to Oct… Read More

World ID Credentials Extends Coverage to Latin America, Southeast Asian Countries

World ID Credentials, which had been earlier introduced at the “A New World” session that was held in San Francisco, are now supported in more countries including Argentina, Chile, Colombia, Costa Rica, Japan, Malaysia, Mexico, Panama, Singapore, South Korea, Taiwan, the United Kingdom, and the… Read More

Nubank Plans to Obtain Banking License in Brazil Next Year

Nubank (NYSE: NU), which claims to be one of the world’s largest digital financial services platforms, announces its intention to obtain a banking license in Brazil. The inclusion of a banking institution within the conglomerate complies with the provisions of Joint Resolution No. 17, which has… Read More

Digital Assets : Kraken Expands Access in Colombia via Local Payments Integration

Kraken is announcing that they are now expanding their trading and investing services in Colombia via the activation of local payment rails. Kraken explained in a blog post that the introduction of COP funding reflects their continued investment in building infrastructure enabling individuals to have… Read More

Binance Pay Allows Argentinians to Use Pix for Making Crypto Payments in Brazil

Argentinians visit Brazil each year for various reasons such as work, tourism, and family travel. Now, paying in Brazil reportedly became more accessible, because of a new Binance Pay integration that enables Argentinians to use Pix with crypto. As covered, Pix is Brazil’s national instant-payment… Read More

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