The top five stories in fintech this week as featured on the Fintech Nexus 5 are from Visa, Apple, FTX, Monzo and WhatsApp.
This is Visa's second offer for the Brazilian fintech. Previously, the American company offered $1 billion to acquire the startup, but the offer was refused.
At Visa, Romina Seltzer leads as SVP of Products and Innovation across Latin America. She presented a brief look into the future of payments.
Wednesday, Visa partnered with Thunes, adding 1.5 billion digital wallets to the cross-border payments product Visa Direct.
The popularity of crypto is rising. Stablecoins have presented a significant opportunity for settlement, but how should banks respond? This, and more were discussed at Fintech Nexus 2022.
These operations had been legally challenged by credit card companies, which currently dominate this type of activity in Chile.