The central bank of Argentina surprised fintechs this month with a crypto ban which forbades neobanks from offering trading services.
According to Moni's statement, the fintech plans to use the capital raised to expand consumer credit to the population of Argentina.
Argentina's market regulator launched a fintech innovation hub, a likely first step toward issuing cryptocurrency and fintech regulation.
askRobin is based in Estonia but serves consumers in Latin America; the company first started in Mexico in late 2017,...
Argentina has lagged behind the region in new fintech trends such as Open Finance. 2023 could be the year for regulating crypto instead.
In Buenos Aires, presidents Lula da Silva and Alberto Fernandez said a trade common currency would help reduce dependency on US dollar.
Both Tencent and SoftBank have invested in the company called Ualá which is seeing massive growth during the coronavirus crisis;...