Colombian fintech Bold secured $50 million in a series C round led by private equity firm General Atlantic.
Open Finance turns three years in Brazil, and data shows it is growing at a steady pace, with over 40 million consents granted by users.
One of the most popular payment methods in Brazil, Pix is now set to take over online commerce too, a study by fintech EBANX shows.
Mexican fintech Kueski announced a partnership with Amazon to offer BNPL on its marketplace, a first for the retail giant in Mexico.
Javier Milei's deregulation agenda raises hopes in the sector, with rental contracts settled in crypto. But the economy remains in dire shape.
Argentine payments fintech Pomelo secured $40 million in a Series B round led by Kaszek Ventures, taking total funding to over $100 million.
Nubank steps up its game in Latin America by offering remittances in Mexico and securing a new license in Colombia.
As fintechs gained traction in Argentina, financial access to accounts has become nearly universal, according to a central bank report.
Latam fintechs expected to grow into lending in 2024, as a more benign economic environment favors greater risk-taking.
Investments into Latin American fintechs are expected to pick up in 2024 amid rate cuts in the United States.