Brazilian fintech Koin announced a partnership with U.S. payments giant Mastercard to advance Buy Now, Pay Later in Latin America over the next five years.
Insurtech Betterfly has acquired several regional startups to accelerate growth Recently, it doubled its bet in Brazil by purchasing SeuVale.
With the new investment, Finkargo plans to accelerate the growth of more than 600 companies in the international trade sector.
As digital banking moves forward, Brazil's fintech sector will incur higher cybersecurity spending following greater risks.
Saque y Pague will seek to strengthen its regional network and install 2,000 of its self-service terminals in the Colombian market.
Mexico's Kapital announced an expansion into Colombia, fueled by a $100 million credit line from Sivo, a debt-as-a-service company.
Lula has a plan for Brazil. But will venture capital investors keep putting resources into the South American country's fintech sector?