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LatAm

LatAm
·May. 29, 2023

LatAm fintechs propose joint open finance regulation

Latam fintech associations made a significant stride last week by publishing a document proposing joint regulations for open finance.
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LatAm fintechs
LatAm
·May. 22, 2023

Paytech Liquido raises $26 million to provide modern payments infrastructure

Founded in 2021 by Shanxiang Qi and MengKe 'MK' Li, Liquido recorded more than $300 million in transactions since its launch.
Read Full Story
LatAm
·May. 12, 2023

Mexican fintechs to grow into SME lending this year

Several of the largest fintechs in Mexico have plans to step up loans to small and medium-sized businesses in the country.
Read Full Story
Fintech
·May. 5, 2023

Central banks push CBDCs in LatAm as stablecoins take hold

Latam regulators show growing interest in the technology that powers cryptocurrencies. Brazil is to begin pilot tests for its CBDC this month.
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Digital Banking
·May. 3, 2023

Credicorp launches iO, a new neobank in Peru

After several months developing, leading financial group Credicorp launched its digital banking unit iO to cater to young Peruvians.
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LatAm
·May. 25, 2023

Competition on foreign currency products heats up in Brazil, unveiling a new niche

Nomad, which offers dollar accounts to Brazilians, will now allow its customers to pay in installments for purchases made abroad.
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dale! screen grab
Fintech
·May. 19, 2023

Fintech Plurall and dale! to launch microcredit program in Colombia

Plurall and dale! want to expand the supply of credit in the underserved market, providing solutions for small entrepreneurs to prosper.
Read Full Story
Finance Minister of Brazil, Fernando Haddad
LatAm
·May. 10, 2023

How a credit card interest rate cap could affect Brazil’s fintech industry

Brazil's Minister of Finance criticized "stratospheric" revolving credit card interest rates amid a campaign to push through economic reforms.
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LatAm
·May. 4, 2023

LatAm’s Mercado Libre reports triple growth in profits in Q1

Driven by fintech revenue, Mercado Libre booked $201 million in net income in the period, up from $65 million in the year-ago quarter.
Read Full Story
Payments
·May. 2, 2023

Pix reaches 3 billion monthly transactions in Brazil

Pix achieved the milestone of 3 billion monthly transactions in March, up from a previous record of 2.8 billion by the end of last year.
Read Full Story
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