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MercadoLibre: The ‘Amazon Of Latin America’ Spreads Its Wings

PYMNTS

In Latin America, such a company exists in the form of MercadoLibre , a triple-threat regional financial powerhouse based in Argentina. It is one of the region’s fastest-growing companies, having just turned in a stellar first quarter in a region that has more complexities than any of its northern neighbors.

America 248
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SoftBank Launches New Tech Fund Focused On Latin America

PYMNTS

Per the report, SoftBank Chief Operating Officer Marcelo Claure will be in charge of the fund, with SoftBank committing an initial $2 billion. There is so much innovation and disruption taking place in the region and I believe the business opportunities have never been stronger,” said Claure in a statement.

America 140
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Uber Loses Ground In Latin America Amid Increased Competition

PYMNTS

Latin America is becoming a new weak spot for Uber, showing a 2 percent growth, the lowest of any region for the ride-hailing company, Reuters reported on Monday (Nov. Increased competition in Latin America, mainly from the Chinese ride-hailing giant Didi Chuxing, is being blamed for Uber’s growth slowdown in that region.

America 118
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Santander InnoVentures Deepens Its Investment Expertise In North America

PYMNTS

According to a Fintech Finance report, Gottschalk will be based in San Francisco and will focus on strengthening the fund via investment opportunities in the region. portfolio companies a stronger entrance into North America. It also gives the fund’s non-U.S. Prior to Blumberg, Gottschalk worked at Menlo Ventures.

America 161
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Latin America Enjoys A Boost In Its Digital Prospects

PYMNTS

What will it take to make Latin America more digital — in payments, commerce, FinTech or even healthcare? Cash remains king in the region, with about two-thirds of consumers in Latin America preferring that payment method over credit, according to estimates.

America 109
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London FinTech Curve Notches $95 Million Series C For US Expansion

PYMNTS

London-based FinTech startup Curve has raised $95 million in Series C funding led by IDC Ventures, Fuel Venture Capital, and the investment division of Vulcan Capital, launched from the estate of Microsoft co-founder and philanthropist Paul G. is being managed by Amanda Orson , vice president and head of North America. headquarters.

Fintech 220
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Latin American FinTech Payment ‘Recipes’

PYMNTS

Want to understand payments innovation in Latin America ? One may indeed be a bit hungrier than before, but according to what NovoPayment CEO Anabel P é rez told Karen Webster during a recent PYMNTS interview, they can now understand one of the fundamentals of innovation in Latin America. Latin American Progress. Front Row Seat.

Fintech 179