Fintech unicorn Ualá finally obtained a banking license in Mexico, clearing the way for the neobank to aggressively expand its product suite.
Despite high interest rates and risks of a reccesion, many BNPL fintech providers now vie to offer loans to the underbanked in Mexico.
Fairplay provides technology and financing solutions for e-commerce businesses and marketplace sellers in Mexico.
Nubank's second product in Mexico was well received. Country manager Ivan Canales discusses the market strategy with Fintech Nexus.
Latam fintech associations made a significant stride last week by publishing a document proposing joint regulations for open finance.
Several of the largest fintechs in Mexico have plans to step up loans to small and medium-sized businesses in the country.
Belvo will provide access to employment data at the Mexican Social Welfare bureau. It could be a key driver for lending to the underbanked.
Payments fintech Pacto raised $4M from VC investors to expand its point-of-sale software to restaurants and bars in Mexico.