The impact of new technologies in the financial and banking industry has been evident, both for those who work in it, and for users, who experience the changes promoted by these companies. But in addition to the adoption and adaptation to new tools, this sector has had to face the…
Comments closedTag: Fintech
Fintech’s Nigerian startup Kuda, a digital-only retail bank, has raised $ 1.6 million in pre-seed funds. The company based in Lagos and London recently launched the beta version of its online mobile financing platform. Kuda also received his banking license from the Central Bank of Nigeria, giving him a distinction…
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Latin American financial technology companies are driving the growth of StartUps in the region. Latin America and fintech… what’s the deal? Latin America remains a growth market for Fintech, with US $ 481 million raised in 23 agreements in the second quarter of 2019, surpassing China and India in the…
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In August, Credijusto and Rebel closed important deals in August. And so far this year, Latin American fintechs have raised more than 1.6 billion dollars. In our monthly analysis of fintech news in Latin America, Thiago Paiva observes M&A, investments, trends and associations of the region’s fintechs. Nubank and Creditas…
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More and more companies of this type are emerging and the market becomes more competitive. With these strategies you can attract more customers. The fintech sector continues to climb positions. Its incorporation into the market has radically changed the way we handle our money, manage accounting, request a loan, invest,…
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David Geisen talks about the digital tax; about the performance that Mercado Libre has had in this 2019; about the competition he faces in a market like Mexico and about the goals he has as head of one of the most relevant digital businesses in Mexico. Mexico City. David Geisen…
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Japan’s SoftBank Group is in advanced talks to invest in the Mexican used car platform Kavak and the financial technology firm Konfío, said several people with knowledge of the talks, which underlines the interest of the group in Mexico within its investment plan in Latin America. SoftBank Group Corp –…
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The financial institutions that are in the alternative scheme of the Interbank Electronic Payment System (SPEI), as a result of the cyber attacks, would be outside the application of the Digital Collection scheme (CoDi), reported the Bank of Mexico (Banxico). Everyone’s getting regulated The director of the Payment System of…
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Fintech startups in Latin America have reached the global front this year, attracting large funds from investors such as Softbank, and rounds of millions of dollars of capital. But the shortage of investment funds for early stages is a stumbling block for many Latin American fintech startups. Investments and fintechs…
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Mexico is considered among the first options. The fintech world in Mexico is experiencing a stage of growth, just five years ago and there was talk of technological entrepreneurship, and bringing the financial system closer to the unbanked population. Now, this vertical of entrepreneurship is the one that most excites…
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