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

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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PXP Financial Launches LatAm Payments Partnership With Kushki
PXP Financial Launches LatAm Payments Partnership With Kushki
October 15, 2024  |  Partnerships

Global payments services firm PXP Financial has teamed with Latin America-based payment platform Kushki. The collaboration, announced in a Tuesday (Oct. 15) blog post, will let PXP use Kushki’s technology...

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Mercado Libre Sells Record 20 Million Products in August as Argentina Recovers
Mercado Libre Sells Record 20 Million Products in August as Argentina Recovers
October 09, 2024  |  eCommerce

Mercado Libre is witnessing a consumption recovery in Argentina amid a period of “profound economic transition.” The Latin American eCommerce/FinTech platform announced Tuesday (Oct. 8)...

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92% of Small Businesses in Latin America Accept Digital Payments
92% of Small Businesses in Latin America Accept Digital Payments
October 03, 2024  |  Digital Payments

As the digital payments landscape in Latin America rapidly evolves with nearly 600 million people generating close to $6 trillion in GDP, consumers are shifting...

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