Finnovista presented the latest update of the Fintech Radar Mexico report. The country surpassed Brazil in the number of startups and regains its leadership in
One Fintech from Brazil and one from Chile are the two Latin American finalists of the first global women only Visa Everywhere Initiative.
Chile is the second most attractive country in Latin America to Fintech investors, but the lack of regulation and venture capital has restricted its growth.
The decision of Scotiabank is part of a strategy of innovation and approach with the Fintech ecosystem.
The Brazilian fintech reached the status of unicorn last year. In 2019, it started an expansion process in LatAm.
The Mexican fintech Clip received $20M from Softbank at the beginning of 2019. The company is now valued between $350M to $400M.
According to sources, SoftBank Group Corp. plans to invest $230M in the Brazilian fintech Creditas, focused on loans.
LABFin was established in Panama, a strategic point to expand services to Central and South America.
Nubank will land on Argentine soil, according to some reports from specialized press.
The Inter-American Development Bank (IADB), in collaboration with Finnovista, has published a new report that outlines the Fintech sector performance in Latin America.