unbanked

Mexican Banking FinTech Klar Aims for 2026 IPO
Mexican Banking FinTech Klar Aims for 2026 IPO
November 03, 2024  |  IPO

Mexican FinTech Klar is reportedly aiming to go public at the end of 2026. Juan Sarmiento, the company’s vice president of finance, told Bloomberg News...

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Aviva Raises $5.5 Million to Provide Financial Services to ‘Underserved’
Aviva Raises $5.5 Million to Provide Financial Services to ‘Underserved’
August 05, 2024  |  Investments

Mexico-based FinTech Aviva has raised $5.5 million in seed funding. “This oversubscribed round highlights the strength of our model’s unit economics, as well as our...

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ACI and Mexipay Launch Real-Time Payment Partnership
ACI and Mexipay Launch Real-Time Payment Partnership
November 28, 2023  |  Real-Time Payments

ACI Worldwide has teamed with Mexipay to promote real-time payment use in Mexico. The partnership, announced Tuesday (Nov. 28), will see Mexipay use ACI’s payment platform to deploy...

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What If: Walmart Succeeds as a Neobank?
What If: Walmart Succeeds as a Neobank?
August 10, 2023  |  Walmart

In the bid to build a financial services ecosystem, and a super app that marries commerce and banking, there’s a 800-pound gorilla in the space...

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Digital Dollar Project: CBDCs Can Help the Unbanked
Digital Dollar Project: CBDCs Can Help the Unbanked
August 03, 2023  |  CBDC

Could a central bank digital currency (CBDC) help America’s unbanked population? It appears that way, according to a new report by the Digital Dollar Project...

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Tala Money App Gains 800,000 New Customers in First Half
Tala Money App Gains 800,000 New Customers in First Half
July 20, 2023  |  Financial Inclusion

Tala added 800,000 new customers in the first half of the year — a 114% increase in growth compared to the first half of 2022....

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BNY Mellon and MoCaFi Partner on Payments to Unbanked People
BNY Mellon and MoCaFi Partner on Payments to Unbanked People
June 08, 2023  |  Financial Inclusion

BNY Mellon and MoCaFi have partnered to ease payments to unbanked and underbanked people. With this collaboration, banking giant BNY Mellon’s Treasury Services business will provide a...

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Digital Wallets and Networks Shake Up the $630 Billion Global Remittance Market
Digital Wallets and Networks Shake Up the $630 Billion Global Remittance Market
May 25, 2023  |  Payment Methods

The global remittance market — where hundreds of billions of dollars flow across borders annually — is being reshaped by digital disruption. Late last year,...

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Billions of People and Trillions of Transactions Define the PayFac Opportunity in Emerging Markets
Billions of People and Trillions of Transactions Define the PayFac Opportunity in Emerging Markets
March 29, 2023  |  Payment Methods

Forging a 21st century commerce ecosystem on a global scale means changing consumer behavior, and merchant mindsets, particularly in markets where digital remains a small...

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