Latin America

Latin America is a group of countries and dependencies in the Western Hemisphere where Romance languages such as Spanish and Portuguese are predominantly spoken; it is broader than the terms Ibero-America or Hispanic America.

Source: en.wikipedia.org

dLocal Becomes Certified Payment Initiation Service Provider in Brazil
dLocal Becomes Certified Payment Initiation Service Provider in Brazil
November 26, 2024  |  Cross-border Payments

Cross-border payment platform dLocal can now facilitate Pix payments directly within the Open Finance ecosystem, without redirecting users to bank apps. The company gained this ability by...

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Brazilian Banks Improve Profitability, Led by Digital Players
Brazilian Banks Improve Profitability, Led by Digital Players
November 21, 2024  |  Digital-First Banking

Digital banks reportedly led Brazilian banks’ profitability improvements during the first half of the year. The country’s digital banks saw their annual return on equity (ROE)...

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Unlimit and Pagaloop Form Small Business Expense Management Pact
Unlimit and Pagaloop Form Small Business Expense Management Pact
November 14, 2024  |  B2B Payments

FinTech company Unlimit has launched a collaboration with Latin American B2B payments platform Pagaloop. The partnership is designed to bolster the Pagaloop app’s credit and debit card processing...

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Ualá Eyes Banking Expansion After $2.75 Billion Valuation
Ualá Eyes Banking Expansion After $2.75 Billion Valuation
November 11, 2024  |  Investments

Argentina’s Ualá has reportedly raised $300 million, valuing the FinTech at $2.75 billion. “We’re going to use this to scale Argentina, where my goal is to...

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CEO Interview: Pay-as-You-Go Options Help LatAm Consumers Battle ‘Prepaid Fatigue’
CEO Interview: Pay-as-You-Go Options Help LatAm Consumers Battle ‘Prepaid Fatigue’
November 11, 2024  |  Mobile Wallets

In Latin America, where many consumers are unbanked or underbanked, roughly three-quarters of consumers don’t have credit cards, so prepaid cards are widely used to...

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Mastercard Launches Tokenized Card-Based Bill Pay Solution
Mastercard Launches Tokenized Card-Based Bill Pay Solution
October 28, 2024  |  Mastercard

Mastercard launched a new card-based bill-pay solution for merchants, acquirers, payment facilitators and payment service providers. The new Bill Qkr is live and available globally,...

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Visa-Backed Osigu Raises $25 Million for Healthcare Platform
Visa-Backed Osigu Raises $25 Million for Healthcare Platform
October 25, 2024  |  Investments

Osigu has announced the first closing of its $25 million Series B funding round, saying it will use the funding to grow its healthcare revenue...

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Santander’s Getnet Launches Single Entry Point for Payments in Latin America
Santander’s Getnet Launches Single Entry Point for Payments in Latin America
October 25, 2024  |  eCommerce

Getnet launched a regional eCommerce solution that provides a single entry point (SEP) for payments in Argentina, Brazil, Chile and Mexico. The new Getnet SEP...

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EBANX Enables Localized Payment Options in Latin America for Canva
EBANX Enables Localized Payment Options in Latin America for Canva
October 21, 2024  |  Partnerships

EBANX is enabling global visual communication platform Canva to offer localized payment options in six Latin American countries. With digital wallets, instant payments, and credit...

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