Shares of the e-commerce giant jumped 8% on Nov. 4 following the release of third-quarter results on the back of a strong performance of its financial technology division, Mercado Pago.
Four fintech experts sat down at the standing-room-only Build Bold stage at Money 20/20 to find out.
Lama AI, an intermediary SMB lending exchange for banks, announced a $9 million seed round led by Viola Ventures and Hertz Ventures.
Venture capital investments into LatAm fintech startups dropped further in the third quarter of the year, following a sharp reversal in global markets that drove investors away from assets generally perceived as risky.
Fed Reserve Governor Christopher Waller said that FedNow will launch a country-wide interstate highway for payments in about six months.
Celcoin wants to make its BaaS service a one-stop-shop for these types of solutions to meet the growing demand in the Brazilian market.
On Tuesday, Extend, launched an API that enables SMBs to issue digital cards from any company, including American Express.
Western Union announced plans to deploy its digital banking offering in South America's largest economy.
Nubank is doubling its bets in crypto technology. The neobank announced plans to develop its virtual token to drive a loyalty program.
Franq's Series A extension was led by Quona Capital and had the participation of Globo Ventures and Valor Capital Group.