The Brazilian fintech company is opening an office today in Mexico and it is the first step in what might...
Fintech unicorn Ualá finally obtained a banking license in Mexico, clearing the way for the neobank to aggressively expand its product suite.
Santander InnoVentures has led a $5 million round in the SME lender a55; a55 currently lends in both Brazil and...
Mendel plans to use the resources raised in this round to double its growth and accelerate the development of its platform.
Nubank's second product in Mexico was well received. Country manager Ivan Canales discusses the market strategy with Fintech Nexus.
Brazil and Mexico are often talked about as fintech booms in Latin America; the size of the industry overall is...
Latam fintech associations made a significant stride last week by publishing a document proposing joint regulations for open finance.
The number of fintechs operating in Mexico has grown consistently. Progress in financial inclusion, however, has been far less explosive.
Alipay has partnered with Openpay in Mexico to further their expansion into the Americas; users of Alipay will now be able to use the service to make purchases at businesses that are affiliated with Openpay; Souheil Badran, President of Alipay Americas stated, “An increasing number of Chinese consumers are shopping for products in Mexico that they can’t find at home, and they want to be able to purchase those items with the payment method they use most often. Our partnership with Openpay not only connects Mexican merchants with Chinese consumers seeking their products and services, but also opens new revenue channels for merchants in Mexico. We are thrilled to be partnering with Openpay as we continue to expand the reach of Alipay throughout the Americas.” Source
The British neobank, serving over 40 million customers globally, has acquired a banking license in Mexico.