mexico

Mexico is a country between the U.S. and Central America that's known for its Pacific and Gulf of Mexico beaches and its diverse landscape of mountains, deserts and jungles. Ancient ruins such as Teotihuacán and the Mayan city of Chichén Itzá are scattered throughout the country, as are Spanish colonial-era towns. In capital Mexico City, upscale shops, renowned museums and gourmet restaurants cater to modern life.

The Data Point: 72% of Mexico’s Merchants Embrace Mobile Phones In-Store
The Data Point: 72% of Mexico’s Merchants Embrace Mobile Phones In-Store
August 23, 2022  |  Mobile Commerce

While there are still payments friction issues and digital some awareness work to be done, Mexico’s merchants are all-in on smartphone-assisted shopping. According to “The...

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Covalto to Become 1st Mexican FinTech on US Stock Market
Covalto to Become 1st Mexican FinTech on US Stock Market
August 18, 2022  |  SPAC

Mexican digital banking platform Covalto is planning to go public via a special purpose acquisition company (SPAC) merger, a move that would make it the...

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PayStand Acquires Yaydoo in One of Latam’s Biggest Tech Mergers
PayStand Acquires Yaydoo in One of Latam’s Biggest Tech Mergers
August 03, 2022  |  Acquisitions

Blockchain-enabled B2B payments company PayStand has acquired Mexican FinTech Yaydoo, marking what the company called “one of the biggest technology unions” in Latin America. PayStand...

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Home Sharing Uses Pricing, Payments Choice to Lure Digital Nomads
Home Sharing Uses Pricing, Payments Choice to Lure Digital Nomads
July 26, 2022  |  Payment Methods

In the months after the pandemic was declared and offices were closed, the image of the professional “digital nomad” arose — a “have laptop, will...

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$150M in Funding Makes Mexico’s FinTech Lender Stori a Unicorn
$150M in Funding Makes Mexico’s FinTech Lender Stori a Unicorn
July 15, 2022  |  Fintech Investments

Mexican FinTech Stori has achieved “unicorn” status following a $150 million Series C round that brought the company’s valuation to $1.2 billion. As Reuters reported...

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Travel Tech Firm Swvl Buys Mexico’s Urbvan
Travel Tech Firm Swvl Buys Mexico’s Urbvan
July 11, 2022  |  Acquisitions

Travel tech company Swvl is set to acquire Urbvan, a shared mobility platform that provides tech-enabled transportation services to customers in Mexico. “Integrating mobility patterns...

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FinTech UnDosTres Raises $30M to Reach the 40% of Mexicans Who Don’t Transact Online
FinTech UnDosTres Raises $30M to Reach the 40% of Mexicans Who Don’t Transact Online
July 06, 2022  |  Investments

Digital payments platform UnDosTres has raised $30 million in a Series B funding round, the Mexico City-based company announced in a Wednesday (July 6) press...

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Belvo Granted IFPE License for Payments in Mexico
Belvo Granted IFPE License for Payments in Mexico
June 30, 2022  |  Digital Payments

Open finance application programming interface (API) startup Belvo has received an Institution of Electronic Payment Funds (IFPE) license enabling it to develop payment initiation solutions...

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CBDC Weekly: Central African Republic Adopts Bitcoin; Russia, India, Mexico Set CBDC Dates; Philippines Announces Wholesale Pilot
CBDC Weekly: Central African Republic Adopts Bitcoin; Russia, India, Mexico Set CBDC Dates; Philippines Announces...
April 29, 2022  |  CBDC

Technically, the Central African Republic’s (CAR’s) decision to make bitcoin a legal tender alongside the regional CFA Franc isn’t central bank digital currency (CBDC) news....

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