LatAm

Clara Launches Cross-Border Payments Service in Mexico
Clara Launches Cross-Border Payments Service in Mexico
August 21, 2023  |  Cross-border Payments

FinTech company Clara has reportedly launched a cross-border payments service in Mexico.  The service facilitates international transactions by allowing clients to pay bills in foreign currencies, Reuters reported Monday...

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Visa to Acquire Core Banking Platform Pismo for $1 Billion
Visa to Acquire Core Banking Platform Pismo for $1 Billion
June 28, 2023  |  Acquisitions

Visa plans to acquire Pismo for $1 billion cash to provide more solutions to its customers. The acquisition will also expand the geographic footprint of Pismo, a cloud-native...

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FinTechs Help Global Firms ‘Go Digital’ in Latin America
FinTechs Help Global Firms ‘Go Digital’ in Latin America
February 21, 2023  |  Latin America

Latin America is in the midst of a historical digital commerce boom. The region’s market of small- to mid-sized businesses and professionals that offer digital...

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Binance and Mastercard Team to Tap Into Brazilian Crypto Market
Binance and Mastercard Team to Tap Into Brazilian Crypto Market
January 30, 2023  |  Cryptocurrency

Mastercard has teamed with Binance to tap into the crypto company’s popularity in Brazil. The companies announced Monday (Jan. 30) they had launched a prepaid card...

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Argentina and Brazil Explore Common Currency
Argentina and Brazil Explore Common Currency
January 22, 2023  |  Latin America

The two biggest economies in South America are reportedly working on a common currency. Brazil and Argentina will announce the project this week, the Financial...

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LatAm Open Finance Platform Syncfy Raises $10M in Seed Round
LatAm Open Finance Platform Syncfy Raises $10M in Seed Round
December 11, 2022  |  Investments

Latin American open finance firm Syncfy has raised $10 million to broaden its customer base. The funding — a seed round led by Point72 Ventures...

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LatAm’s Booming Digital Economy Gets Lift From New Payments Models
LatAm’s Booming Digital Economy Gets Lift From New Payments Models
December 02, 2022  |  Payment Methods

Sometimes coming late to the game has advantages. Latin America provides an ideal use case. As applied to payments, Michael Bilotta, global head of digital...

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Brazilian Crypto Exchange Bitpreco Adding Banking Platform 
Brazilian Crypto Exchange Bitpreco Adding Banking Platform 
November 23, 2022  |  Cryptocurrency

Brazilian cryptocurrency exchange Bitpreco is reportedly launching a platform that will provide banking services.  The new platform, which is called Bitybank, will offer payments, digital...

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JPMorgan Chase Says Long-Term Trends Point to Growth in LatAm 
JPMorgan Chase Says Long-Term Trends Point to Growth in LatAm 
November 23, 2022  |  Latin America

With a growing amount of investment and commerce appearing to be headed to Latin America over the long term, JPMorgan Chase & Co. reportedly expects...

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