In Latin America's highly concentrated banking industry, financial technology startups are venturing into one of the region's most undeveloped and tightly held loan markets: mortgage financing.
RappiPay announced it has obtained financing for $112 million in credit to increase its service offering and consolidate the RappiCard.
Open finance is growing fast in Brazil, with progress in regulation paving the way for new opportunities for local fintechs.
Xepelin announced that global investment banking giant Goldman Sachs had provided it with a $140 million asset-backed securities credit line.
Trust in DeFi has suffered multiple knocks over the years. Trade surveillance could be the key to building it back up.
The crypto winter occurred from a combination of factors, including over-inflated prices, regulatory uncertainty, and a lack of interest.