Last year, 16 fintechs were authorized in Mexico. Among them, Albo, Belvo, Todito Pagos, Mercado Pago and Femsa's Spin by Oxxo.
US fintech giant Fiserv acquired Argentine digital wallet Yacare to ramp up its offering to clients and compete with Mercado Libre.
Stripe's possible IPO sent excited waves through the industry. Many see it as the vote of confidence they have been waiting for.
Anchor cofounder and CEO Rom Lakritz has long been troubled by billing inefficiencies. Now that technology exists to solve it, he’s the perfect man for the job.
The acquisition aims to combine the tools of both companies to make a reportedly unique app for small business owners.
Fintechs are among the sectors contending with a shortage of cybersecurity professionals, where the global shortage is 2.72 million. This comes as the global cost of cybercrime in 2021 was pegged at $6 trillion.
Nubank announced a $150 million loan from the International Finance Corporation as it seeks to strengthen its presence outside of Brazil.
The last years have been great for fintechs. But this scenario of rising interest rates and economic uncertainty is hitting companies hard.