Fintech News South America

29/10/2024

These collaborations aim to test how CBDCs and other tokenised assets can enhance international transactions and support financial innovation.

-with 香港金融管理局 Hong Kong Monetary Authority Banco Central do Brasil

HKMA is broadening its digital currency efforts by partnering with Brazil and Thai central banks on cross-border tokenisation projects.

21/10/2024

Brazilian bank Ouribank, which processes over US$29 billion in foreign exchange transactions, is among the first to adopt this new connection.

Nium announced that financial institutions can now connect to its real-time payments network using their existing Swift infrastructure.

04/10/2024

LatAm's fintech sector is booming, but funding remains limited. Get the latest insights in our newsletter here - https://bit.ly/3YaUdfi

Subscribe now for more updates - https://bit.ly/FintechAmericaNL

26/09/2024

Fintech funding was not distributed according to future growth potential in different region.

In recent years, fintech funding in the Middle East and North Africa (MENA) and Latin America and the Caribbean (LAC) has experienced significant growth on the back of booming fintech innovation and soaring adoption of digital financial services. Despite this growth, there is still a mismatch betwee...

19/09/2024

Ualá, Brubank and Naranja X dominate the Argentinian digital banking sector, collectively serving 16.44 million customers and holding an 88% share of the market.

Ualá, Brubank and Naranja X dominate the Argentinian digital banking sector, collectively serving 16.44 million customers and holding an 88% share of the market, a new analysis by C-Innovation, a French fintech-focused research firm, reveals.

04/09/2024

Ant International has formed a strategic partnership with Dock, a payments and banking technology provider in Latin America.

Ant International, a digital payment and financial technology leader, today announced its strategic initiative to provide AI-driven credit technology solutions designed to empower local partners and advance financial inclusions in Brazil.

19/07/2024

Matera is a provider of software enabling real-time payments in Brazil, a country which is a global standard when it comes to payments infrastructure, led by a long-standing innovative central bank agenda.

Matera, a leading banking software provider, today announced a $100 million investment from Warburg Pincus, a leading global growth investor. The investment will be used to fund the company's expansion into the North American market and further expand product development.

27/06/2024

The partnership will usher in a new era for digital banking platforms, bringing smarter, fairer, and more personalized financial products and services to Nubank’s customers.

Nubank acquired Hyperplane, a data intelligence company from Silicon Valley. The partnership will usher in a new era for digital banking platforms, bringing smarter, fairer, and more personalized financial products and services to Nubank’s customers.

31/05/2024

Some of the most prominent fintech events in South America are scheduled for the 2nd half of 2024, to facilitate networking and knowledge exchange among industry pros in one of the fastest-growing regions for inclusive finance.

As fintech continues to rise and evolve in Latin America and South America, numerous conferences and events are being organized to facilitate networking and knowledge exchange among industry professionals. Today, we delve some of the most prominent fintech events in the region scheduled for in H2 20...

14/05/2024

Here are some of the most prominent fintech events in South America scheduled for in H2 2024, shedding light on their key themes and highlights.

As fintech continues to rise and evolve in Latin America and South America, numerous conferences and events are being organized to facilitate networking and knowledge exchange among industry professionals. Today, we delve some of the most prominent fintech events in the region scheduled for in H2 20...

27/02/2024

Simetrik has developed intuitive solutions to simplify and automate key financial tasks

https://fintechnews.am/fintech-colombia/50739/colombian-b2b-fintech-simetrik-raises-55-million-series-b-led-by-goldman-sachs/
# # funding

Simetrik announces a $55-million Series B funding round led by Growth Equity at Goldman Sachs Asset Management (Goldman Sachs).

21/02/2024

Nuvei is the first global payments company to offer direct local acquiring in Colombia

Nuvei announces that it has launched direct local acquiring capabilities in Colombia, further expanding its presence in Latin America (LATAM) and strengthening its overall footprint in the region.

03/11/2023

QI Tech plans to leverage the new capital to further expand its leading product position and explore strategic M&A opportunities.

https://fintechnews.am/fintech-brazil/50276/brazil-qi-tech-raises-200m-series-b/

QI Tech, the first Direct Credit Company (SCD) approved by the Brazilian Central Bank, announced an investment of US$200 million (R$1 billion) in a Series B round led by General Atlantic

04/08/2023

In this comprehensive list, we present the top 18 upcoming fintech events taking place in LatAm.

-with WebCongress NascentEdge
https://fintechnews.am/fintech-argentina/49642/18-upcoming-fintech-events-in-latin-america-to-attend/

In this comprehensive list, we present the top 18 upcoming fintech events taking place in LatAm. These events are expected to serve as critical platforms for industry stakeholders to gather, share insights, explore emerging trends and foster collaboration, and will offer invaluable opportunities to....

24/07/2023

These startups have all witnessed considerable traction and recorded strong customer growth, and are now poised for further expansion.

https://fintechnews.am/fintech-argentina/49580/5-promising-early-stage-fintech-startups-from-argentina-to-know/

To get a better understanding of the country’s fast-growing fintech sector, we look today at five rising stars and up-and-coming fintech leaders in the Argentine fintech industry. These startups have all witnessed considerable traction and recorded strong customer growth, and are now poised for fu...

24/07/2023

Here are some of the country’s biggest fintech startups, focusing on private digital finance companies that have grown rapidly over the past years to become some of Brazil’s leading fintech ventures.

-with Creditas EBANX
https://fintechnews.am/fintech-brazil/49560/brazils-top-fintech-startups-and-unicorns/

We explore some of Brazil’s biggest fintech startups, focusing on private digital finance companies that have grown rapidly over the past years to become some of the country's leading fintech ventures.

21/07/2023

Fintech startups in Latin America (LatAm) raised a total of US$254 million in funding in Q2 2023.

-with ICred Asaas Kapital
https://fintechnews.am/fintech-brazil/49527/top-8-fintech-deals-in-latin-america-in-h1-2023/

Fintech startups in Latin America (LatAm) raised a total of US$254 million in funding in Q2 2023, bouncing back 69% from Q1’s US$137 million.

26/06/2023

How Latin American Startups Are Expanding Into Spain to Scale Up

Initiatives by both the government and companies are opening doors in Spain, and executives from Globant and Aivo tell Bloomberg Línea about their experience of scaling their businesses in that country

26/04/2023

LatAm’s fintech industry has experienced strong growth over the past years.

-with International Monetary Fund Flagship Advisory Partners Creditas FinanZero Finkargo Agrolend Covalto PicPay Mozper LiftBank Brubank Konfío Conta Azul Fintual Magnetis Investimentos Wise Ebury Openpay Colombia PayPal Adyen Nuvei Mastercard Fiserv Rapyd PayU Latam Azos Bidu Seguros Konduto

The rise of fintech in Latin America (LatAm) over the past decade has shaken up the region’s financial landscape, driving innovation in the banking sector, boosting competition and helping increase inclusion, a new paper by the International Monetary Fund (IMF) says.

18/04/2023

WhatsApp is introducing the ability for users to directly pay businesses through chat in Brazil.

WhatsApp is introducing the ability for users to directly pay businesses through chat in Brazil enabling end-to-end shopping.

22/03/2023

Colombia introduced its digital nomad visa program in January 2023.

As the digital nomad lifestyle becomes increasingly popular, countries around the world are setting up special visa programs for remote workers and digital entrepreneurs, allowing them to legally live and work in the country.

26/01/2023

05/12/2022

This partnership will provide merchants 100% fraud chargeback protection.

-with Mastercard Vesta

Mastercard and Vesta, a leading end-to-end fraud prevention platform for digital purchases, announced a new strategic partnership to provide a state-of-the-art fraud management platform for merchants across Latin America and the Caribbean.

22/11/2022

Zimpler's account-to-account payments solution in Brazil is based on the central bank's PIX technology.

Zimpler announced plans to expand to Latin America and that it has established its regional headquarters in Sao Paulo, Brazil.

24/10/2022

Customers in Brazil can accumulate Nucoin tokens to access discounts and perks.

-with Nubank

Nubank announced the creation of Nucoin, its own cryptocurrency on the Polygon blockchain, set to be launched in the first half of 2023.