Tagged: latam

June 16, 2025 @ 2:49 pm By Omar Faridi  |  

Nubank (NYSE: NU) continues to redefine digital banking in Latin America, marking its 12th anniversary with innovations and solidifying its position as Brazil’s most favored financial institution. With over 118 million customers across Brazil, Mexico, and Colombia, Nubank’s recent updates—Automated Pix with Smart Bill Search,… Read More

June 6, 2025 @ 1:26 pm By JD Alois  |  

Mexican Insurtech Crabi has raised $13.6 million in a funding round led by Kaszek and Ignia. Other investors include 30N, Redwood, Carao, Azuro, Newtopia, and certain unnamed insiders. Crabi is pursuing an insurance model for Autos, which is said to be AI-driven. Crabi noted that… Read More

May 31, 2025 @ 3:08 pm By Omar Faridi  |  

The Banco Central do Brasil (BCB) announced a significant update to its regulatory framework, aimed at bolstering financial inclusion and modernizing access to banking services across Brazil. This move reflects the BCB’s ongoing commitment to fostering a more inclusive, efficient, and accessible financial system, particularly… Read More

May 26, 2025 @ 10:44 am By Omar Faridi  |  

Digital bank Nubank (NYSE: NU) has recently undergone significant changes in its executive leadership team while reporting mixed financial results for the first quarter of 2025. The Sao Paulo-based fintech firm, known for revolutionizing banking in Brazil and expanding into Mexico and Colombia, announced the… Read More

May 24, 2025 @ 10:35 am By Omar Faridi  |  

Nu Colombia, part of Nubank (NYSE: NU), presents “Cajitas para mi gente” an initiative aimed at empowering Colombians to turn dreams into savings goals and achieve their financial objectives. New Nu customers will get a boost that “allows them to open a Money Box (Cajita)… Read More

May 9, 2025 @ 1:09 pm By Omar Faridi  |  

Nubank (NYSE: NU) announces the launch of tap-to-pay Pix, a new feature that integrates NFC technology into the app to simplify in-person payments. The solution reportedly offers customers an “agile way to use Pix, eliminating the need to scan QR codes.” To use it, clients… Read More

May 7, 2025 @ 7:07 pm By Omar Faridi  |  

Digital banking provider Nubank (NYSE: NU) has recently announced the expansion of a range of benefits that provide certain financial advantages while also enhancing the Nubank+ customers’ experience. Brazil‘s Nubank noted in a blog post that about one year after its launch, a range of… Read More

May 6, 2025 @ 11:29 am By JD Alois  |  

Latin American crypto firm Bitso has posted the list of participants in its global stablecoin startup accelerator, Push. Bitso said that over 300 companies applied to participate in the accelerator, with nine being approved as the first group in the Push Stablecoin Startup Accelerator. The… Read More

May 4, 2025 @ 9:07 pm By Omar Faridi  |  

Tether, the issuer of the world’s largest stablecoin USDT by market cap and overall transaction volume / adoption, has made strides in the first quarter of 2025, reinforcing its role in the increasingly competitive cryptocurrency market while also expanding its role into traditional finance, sustainable… Read More

April 27, 2025 @ 5:46 pm By Omar Faridi  |  

Flex, the fintech company enhancing back office finance for ambitious business owners, and Maza, one of the largest entity formation and payments apps for Spanish-speaking solopreneurs and consumers, announce their M&A. As part of the deal, Maza will rebrand as Flex Consumer, “a new arm… Read More

April 25, 2025 @ 7:06 am By Omar Faridi  |  

Nu Mexico, a subsidiary of Nubank (NYSE: NU), announced the approval of its banking license by the National Banking and Securities Commission (CNBV). With this milestone, Nu has become the first Popular Financial Society (SOFIPO) to obtain approval to “transform into a bank, opening the path… Read More

April 18, 2025 @ 9:13 am By Omar Faridi  |  

Digital bank Revolut is making significant strides in Brazil with the launch of new financial products aimed at transforming the banking experience for consumers. The company recently introduced subscription plans featuring interest-bearing accounts in Brazilian reais (BRL), metal debit cards, accounts for minors, and benefits… Read More

April 18, 2025 @ 12:24 am By Omar Faridi  |  

Belvo has reportedly secured $15 million in new round of funding to power the next phase of Open Finance growth in Latin America. The investment round included participation from new investors Quona Capital and existing ones Kaszek, Kibo Ventures, Future Positive, Citi Ventures, and Y… Read More

April 15, 2025 @ 11:40 am By Omar Faridi  |  

Brazil’s digital bank Nubank (NYSE: NU), continues to redefine banking with a series of  initiatives unveiled this month. From debt renegotiation campaigns to marketing and new financial products in Brazil and Mexico, Nubank is doubling down on its mission to simplify finance, promote inclusion, and… Read More

April 1, 2025 @ 11:15 am By Omar Faridi  |  

Braazil’s digital bank Nubank (NYSE: NU) continues to streamline financial services in Latin America with a series of impactful updates. From various investment options to enhanced user features and strategic leadership appointments, Nubank is focused on solidifying its position as an innvoative fintech across Brazil,… Read More

March 28, 2025 @ 1:02 pm By Omar Faridi  |  

Mendel, Latin America’s enterprise spend management platform, announced the closing of a $35 million Series B round led by Base10 Partners with participation from PayPal Ventures, and “support from existing investors Infinity Ventures, Industry Ventures, Hi.vc. Endeavor Catalyst is also investing.” Mendel is gaining traction… Read More

March 26, 2025 @ 4:09 pm By Omar Faridi  |  

Nubank Crypto, part of Nubank (NYSE: NU), announced that clients will have access to new coins. The tokens Cardano (ADA), NEAR Near Protocol (NEAR), Cosmos (ATOM), and Algorand (ALGO) will “complement Nubank’s crypto investment portfolio, which already includes 16 other options such as Bitcoin, Ether,… Read More

March 24, 2025 @ 4:52 pm By Omar Faridi  |  

Latin American fintech Ualá has raised an additional $66 million in a second close of its Series E funding round, bringing the total to $366 million. This extension saw participation from TelevisaUnivision, alongside earlier investors like Allianz X, Stone Ridge Holdings Group, Pershing Square Foundation,… Read More

March 21, 2025 @ 3:46 pm By Omar Faridi  |  

An update from the IMF has examined how artificial intelligence can potentially boost productivity in Latin America. According to a blog post by the IMF, some countries reportedly risk missing out on the full economic benefits of AI, but “more formal jobs and expanded digital… Read More

March 19, 2025 @ 2:23 pm By Omar Faridi  |  

Crypto.com, claiming to be “trusted” by more than 100 million customers worldwide and a firm focused on regulatory compliance, security and privacy, has secured its Virtual Asset Service Provider (VASP) registration from the National Securities Commission (CNV) of Argentina. This registration will allow Crypto.com to… Read More