Latam fintech associations made a significant stride last week by publishing a document proposing joint regulations for open finance.
Founded in 2021 by Shanxiang Qi and MengKe 'MK' Li, Liquido recorded more than $300 million in transactions since its launch.
Several of the largest fintechs in Mexico have plans to step up loans to small and medium-sized businesses in the country.
Latam regulators show growing interest in the technology that powers cryptocurrencies. Brazil is to begin pilot tests for its CBDC this month.
After several months developing, leading financial group Credicorp launched its digital banking unit iO to cater to young Peruvians.
Nomad, which offers dollar accounts to Brazilians, will now allow its customers to pay in installments for purchases made abroad.
Plurall and dale! want to expand the supply of credit in the underserved market, providing solutions for small entrepreneurs to prosper.
Brazil's Minister of Finance criticized "stratospheric" revolving credit card interest rates amid a campaign to push through economic reforms.
Driven by fintech revenue, Mercado Libre booked $201 million in net income in the period, up from $65 million in the year-ago quarter.
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.