Standing as the number one business priority for Nu in 2024, Mexico has proven to be a savvy choice in the company’s international expansion strategy: one year after the launch of Cuenta, the company has already surpassed 8 million customers in the country and $3.3… Read More
Read more in: Fintech, Global | Tagged digital banking, latin america, mexico, nubank
With the development of this new project, Telefónica Tech has become one of BBVA‘s main strategic partners in cybersecurity. The bank will incorporate the latest advances of the technology company, “supported by its global experience and the advantages offered by intelligence to detect, identify and… Read More
Read more in: Global, Fintech | Tagged bbva, cybersecurity, mexico, telefónica tech
Gig worker Fintech OCN has raised $86 million in Series A funding, which included debt and equity capital, according to a note distributed by the company. The round was led by Caravela Capital (Brazil), Collide Capital (US), and Great North Ventures (US). i80 Group (US)… Read More
Mexican payments platform Clip has announced $100 million in funding provided by funds managed by Morgan Stanley Tactical Value. The Fintech said the valuation was “in line” with its Series D funding round. Adolfo Babatz, Clip’s Founder and CEO, said the money represents the validation of… Read More
Read more in: Global, Fintech | Tagged clip, mexico, payments
Top Fintech VC firm QED Investors has participated in a funding round of Aplazo, a Mexico-based buy now pay later (BNPL) firm. According to a release, Aplazo has closed on an additional $70 million in funding inclusive of a $45 million Series B round. QED… Read More
Read more in: Fintech, Global | Tagged aplazo, bnpl, buy now pay later, latam, mexico, qed, qed investors
Santander (NYSE: SAN) is announcing the launch of a new national, digital offering in the United States under the Openbank brand in the second half of 2024. Openbank will also be launched in Mexico in the same timeframe. Openbank operates with “a technological platform designed… Read More
Read more in: Fintech, Global | Tagged banking, digital bank, latam, mexico, openbank, santander, spain, us
MeaWallet, a digital payments enabler specializing in card tokenization, announces its partnership with Fondeadora, Mexico’s financial service provider. Fondeadora, renowned as the digital alternative “to traditional Mexican banking, is on a mission to empower individuals by returning control over their finances.” Being among the first… Read More
Read more in: Fintech, Global | Tagged digital financial services, digitalization, latam, meawallet, mexico
Mexico’s Ziff has reportedly acquired revenue-based real estate financing platform Arrenda. Following this latest strategic acquisition, Ziff says that it intends to further scale the distribution of Arrenda’s key product offering, Adelanta, which is described as a financial product for commercial rental property owners based… Read More
Read more in: Global, Real Estate | Tagged acquisition, arrenda, financinga, latin america, mexico, real estate, revenue-based financing, ziff
Baubap, a pioneering consumer microlending platform based in Mexico, has announced a significant boost to its operations with $120 million in debt financing obtained in a pre-Series A round. The round was led by SixPoint Capital Management, a U.S.-based fintech capital partner, marking a major… Read More
Read more in: Fintech, Global | Tagged Baubap, digital lending, mexico, Microfinancing, SixPoint Capital
NovoPayment, a mission-critical financial and payments infrastructure provider, announced today that it has received Mastercard certification, as part of the Mastercard Network Enablement Partner program, to switch and process Mastercard transactions in Mexico. The Network Enablement Partner (NEP) program is “a Mastercard initiative that enables… Read More
Read more in: Fintech, Global | Tagged angelique strauss, fintech adoption, latam, mastercard, mexico, novopayment, payments
Kueski, the buy now, pay later (BNPL) provider in Latin America, has taken a major step forward in expanding financial access for everyday Mexicans and will now be available as a payment option on Amazon.com.mx. As a result, shopping will be more convenient and customers… Read More
Read more in: Fintech, Global | Tagged amazon, Andrew Seiz, bnpl, buy now pay later, financial access, karen pepper, kueski, latam, latin america, mexico
Grupo Financiero Banorte, one of Mexico’s largest financial firms, has introduced bineo, a virtual bank that will provide savings accounts as well as personal loans with the goal of onboarding 2.8 million new customers in the upcoming 5 years. Banco Banorte, which is reportedly owned… Read More
Read more in: Fintech, Global | Tagged banking, bineo, digital bank, digital financial services, grupo financiero banorte, latam, latin america, mexico
Viamericas Corporation, which claims to be a licensed, international remittance company, recently has integrated with 24Xoro in order “to provide additional options for remittance beneficiaries to receive money in Mexico, providing Viamericas customers more options and locations for their remittance recipients to receive their money.”… Read More
Read more in: Fintech, Global | Tagged joseph argilagos, mexico, nicolás noriega, north america, remittance payments, remittances, viamericas, viamericas corporation
Launched with the intention to provide accessible, fair, and simple tools for wealth generation, RUUT is addressing Mexico’s unique challenges faced by new investors. Currently situated in Mexico City and supported by Alpaca’s Broker API, RUUT has seen significant growth since their launch while “ensuring… Read More
Read more in: Global, Fintech, Investment Platforms and Marketplaces | Tagged alpaca, carlos diaz, financial services, investment platforms, latam, latin america, mexico, rodrigo verduzco, ruut
Visa (NYSE: V), an enabler of digital payments, announced it has entered into a definitive agreement to acquire a majority interest in Prosa, a payments processor in Mexico, to accelerate “the adoption of secure and innovative digital payments in the country.” Under the agreement, Prosa… Read More
Read more in: Fintech, Global | Tagged fintech adoption, fintech trends, investments, latam, latin america, mexico, payments, prosa, visa
Credifiel reports that the company increased its revenue by 24% in the nine month period ending September 2023 “compared to the same period last year, reaching €32.7 million1, a net profit of €5.7 million.” The company further shares that its loan portfolio “increased by 74%… Read More
Read more in: Fintech, Global | Tagged credifiel, financial services, lending, mexico, north america, payroll lending, progress report
Trafalgar, a Mexico-based financial services provider for SMEs (regulated SOFIPO), today announces its partnership with Thought Machine, the cloud-native banking technology company, to create Mexico’s first fintech deployed on next-generation core technology. Trafalgar will use Thought Machine’s core banking platform, Vault Core, and develop a… Read More
Read more in: Fintech, Global | Tagged banking, cloud, digital technology, financial services, fintech adoption, fintech trends, latam, latin america, mexico, paul taylor, porfirio sanchez talavera, small businesses, smbs, sme's, thought machine, trafalgar
Nubank (NYSE:NU) has surpassed 90 million customers in Latin America in its operations in Brazil, Colombia, and Mexico, consolidating its position as one of the fastest-growing financial services companies in the world. David Vélez, Nubank’s founder and CEO, at an event for the press and… Read More
Read more in: Fintech, Global | Tagged brazil, Business Expansion, colombia, david vêlez, digital banking, financial services, fintech adoption, fintech trends, latam, latin america, mexico, milestone, nubank, South America, virtual bank
Accenture (NYSE: ACN) has acquired MNEMO Mexico, a privately held company specializing in managed cybersecurity services. Financial terms were not disclosed. Founded in Mexico City in 2012, MNEMO Mexico “has 229 cybersecurity professionals and 180 cybersecurity industry certifications with key ecosystem partners.” The company’s portfolio… Read More
Read more in: General News, Global | Tagged accenture, accenture security, acquisition, cybersecurity, latam, latin america, mexico, paolo dal cin
Airwallex, a global payments and financial platform for modern businesses, today announced it has signed a definitive agreement to acquire MexPago, a Mexico-based payment service provider and an Institution of Electronic Payment Funds (IFPE) license-holder. The transaction is subject “to regulatory approvals and customary closing… Read More
Read more in: Global, Asia, Fintech | Tagged acquisition, airwallex, financial services, international payments, mexico, payment service provider, ravi adusumilli
© 2025 Crowded Media Group. All Rights Reserved.