Fintechs in Mexico take on the challenge of competing with banks, in a country that lags most Latin American peers in financial inclusion.
The world's central banks are turning towards CBDCs and real-time payments. FIS has launched infrastructure to support them.
Warren Buffett-backed Nubank reported a 44% increase in profits in the second quarter, as it expands its customer base in Latin America.
'Nu's valuation is not crazy. In fact, they are valuing each customer at about $1,000, whereas U.S. and European neobank valuations put their customers closer to $2,000.'
The firm has helped members save upwards of $7 billion to date through retirement savings, investing, and rainy day fund planning.
SoFi reported financial results for Q4 2023 showing 35% revenue growth and its first ever quarter of profitability
Custodia bank's rejection could be a blow for the maturation of DeFi, but Caitlin Long says it is just the beginning.
After several months developing, leading financial group Credicorp launched its digital banking unit iO to cater to young Peruvians.
Dave co-founder and CEO Jason Wilk says the uncertainty and market forces are dragging all tech down in the same bucket, innovators and all.
Capstack Technologies’ founder and CEO Michal Cieplinski believes he has the antidote to the Silicon Valley Bank meltdown, and Citi Ventures agrees.