In a complex scenario for Latin American startups fintechs in Argentina push forward with plans for international expansion.
Nine months after its IPO with a dual listing on the São Paulo Stock Exchange and the NYSE, Nubank announced that it will no longer be a publicly traded company in Brazil.
Open banking regulation is moving forward with Colombia the latest to announce a plan to develop a framework for sharing financial info.
Belgian fintech Credix announced an US$ 11.25 million Series A round to scale its business and bring diverse investments to LatAm startups.
Betterfly became Chile's third unicorn company after it took $125 million from venture capital investors in a Series C raise.
Banco Bradesco, a massive player in Brazil's loan market, announced plans to expand in Mexico, Latin America's second-largest economy.
Facing tighter financing conditions, several financial technology companies in Latin America have accelerated mergers and acquisitions plans.
Ebanx announced the expansion of its operations to the African continent after acquiring an essential presence in 15 Latin American nations.
Companies around the South American country are driving a movement towards the "fintechtization" of the sector.
Across Latin America, fintech lenders are accelerating profitability strategies amid growing pressure from markets to yield profits.