Cortex collaborates with several fintechs and giants of the financial market in Brazil, such as BTG Pactual and XP.
Fintechs in Mexico take on the challenge of competing with banks, in a country that lags most Latin American peers in financial inclusion.
Five years since Mexico passed the fintech law, industry leaders call for an overhaul to the current regulation.
Argentina's fintech unicorn Ualá will invest $150 million over the next 18 months to boost its digital banking endeavors in the region.
This capital increase reinforces the confidence of shareholders in the development of PicPay's business plan.
The Digital Real is one of the most ambitious undertakings of the BCB, which has been seeking to accelerate financial inclusion in Brazil.
Several of the largest fintechs in Mexico have plans to step up loans to small and medium-sized businesses in the country.
Saque y Pague will seek to strengthen its regional network and install 2,000 of its self-service terminals in the Colombian market.
Yave, a mortgage and credit fintech that aims to capture the Mexican mortgage market, won the day after an excellent presentation by co-founder and CEO Bernardo Silva. He said he wanted to break into the slow-moving trad marketplace for mortgages and help brokers put the mortgage right into the sales process.
Banking-as-a-Service (BaaS) is growing in popularity in Latin America and is expected to surpass $2 billion in market size this year.