PYMNTS

JANUARY 26, 2020

Latin America-based AlphaCredit has signed up for a funding round to raise $125 million, led by SoftBank’s Latin America fund. AlphaCredit is a FinTech platform with a focus on consumer lending and finance solutions. It provides credit lines to individuals and has usually worked in communities without much access to banks.

Fintech 247

Fintech America Capital Regional 247

PYMNTS

OCTOBER 27, 2017

Earlier this month, NovoPayment , a digital finance and transactions firm, announced news of the launch of its Developer Hub, one of the first such platforms servicing Latin America, according to a press release. Its clients include banks, financial institutions and others throughout the Americas.

America 186

America Miami Community Tools 186

BankInovation

APRIL 28, 2022

This month, a startup that works with fintechs and banks looked to a banking executive to build out its C-level team, while bank executives at Bank of America and Bank of New York Mellon accepted outside offers. Bank of America names new regional presidents The $3.2

Fintech 98

Fintech America New York Regional 98

PYMNTS

NOVEMBER 11, 2019

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

America Regional Groups Maine 118

PYMNTS

MAY 30, 2018

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

America Regional Mobile Pennsylvania 109

PYMNTS

MARCH 19, 2019

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. said Gottschalk.

America 161

America San Francisco Fintech Capital 161

Celent Banking

SEPTEMBER 30, 2015

It is amazing how the ecosystem continues to grow and how fintech start-ups are booming. Discover the finalists of all regions here. Many fintech startups that made it to the finals focus on Blockchain technology and payments. By the way, is there any fintech start-up you believe has great potential?

America 100

America Fintech Big Data Regional 100

PYMNTS

OCTOBER 23, 2018

Bank of America Merrill Lynch (BofA Merrill) is introducing a new solution for other financial institutions (FIs) in the interbank payment system to automate foreign exchange (FX) conversion. The solution is supported across 89 countries and can make conversion in 41 currencies, the bank noted.

America 190

America Regional Analytics Compliance 190

PYMNTS

SEPTEMBER 27, 2018

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

Fintech Payments America Innovation 179

Bank Innovation

MARCH 22, 2017

In North America regulation was the top concern. “This year is marked by a sharp regional divergence about which rules […]. Regulation is still shaping banks’ strategic thinking, says a new study by The Economist Intelligence Unit.

Regulation 256

Regulation Fintech Regional America 256

PYMNTS

JANUARY 12, 2021

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

Fintech US Samsung Capital 220

PYMNTS

AUGUST 13, 2019

Bantotal , a core Latin America banking service provider that works with 60 banks in 14 countries, has partnered with Bitex to perform cross-border payments using bitcoin blockchain, according to reports. A Bantotal spokesperson said the service is used by around 20 million people. Bantotal is based in Uruguay.

Bitcoin 123

Bitcoin America blockchain National 123

CB Insights

JULY 22, 2021

Q2’21 marked another banner quarter across deals, funding, exits, and mega-rounds for global fintech. Across 657 deals, global VC-backed fintech companies raised a record $30.8B, shattering last quarter’s funding record by 30%. South America led growth in both funding and deal count. Fintech public exits reached new highs.

Trends 100

Trends Fintech Report America 100

PYMNTS

NOVEMBER 16, 2020

According to Bertrand Theaud , founder of Hong Kong-based FinTech Statrys , the proliferation of family-owned SMEs across Asia continues to propel cross-border trade volumes in the region. Yet these smaller companies struggle to access the kinds of financial products and services larger enterprises wield to finance that trade.

Meeting 141

Meeting Fintech Regional Marketing 141

PYMNTS

JULY 24, 2020

Open banking is often associated with the European Union (EU) almost by default as the region pushes the envelope further on regulation than anywhere, partly to encourage — but also to keep up with — imaginative FinTech innovators going to market throughout the Eurozone. FinTechs Flourishing. Similarities To The EU.

America 168

America Regional Regulation Fintech 168

PYMNTS

FEBRUARY 19, 2019

Brexit may dominate the headlines when it comes to the United Kingdom, but FinTech funding proceeds apace, and financial backers show a continued sanguine attitude about the space. based FinTechs said they have garnered more than 200 million pounds. The funding will be used to expand into North America and Asia.

Fintech 187

Fintech Lending Capital Regional 187

PYMNTS

AUGUST 2, 2019

Beyond product and strategy, payment methods come with highly regional preferences. A recent study by GoCardless analyzed payment preferences for subscriptions, memberships, bills and installment plans in 10 countries and found a number of regional quirks. North America rules when it comes to credit card usage.

Regional 108

Regional Payments Cards America 108

CB Insights

MAY 20, 2020

Fintech startups saw investment hit a 9-quarter low in the first quarter of the year amid the coronavirus pandemic. In Q1’20, funding to fintech startups fell 37% QoQ to $6.1B, while deals fell to 404 rounds, down 19% compared to Q4’19. Additionally, nearly every region saw a drop in deals and dollars.

Fintech 96

Fintech Regional Trends America 96

CB Insights

FEBRUARY 20, 2020

In 6 years, Latin America (LatAm) fintech funding has grown from less than $50M to top $2.1B This has caused some investors to pull back in the region and challenged startups to raise funding from new investors, as illustrated further below by the number of unique investors and startups in the LatAm fintech market.

America 96

America Marketing Fintech Regional 96

PYMNTS

JULY 23, 2020

Open banking has been picking up steam in Latin America for more than two years. Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. the region. Open Banking And Digital Readiness.

America 165

America Regulation Regional Tools 165

PYMNTS

JUNE 28, 2018

But the recent thefts, along with other attempted and completed cyberattacks, demonstrate why payments officials in the region are expressing fresh concern about financial security there. Evidence of that comes from Swift’s Latin America Regional Conference , held earlier this month in Miami. Fraud is a Top Worry.

America 102

America Security Miami Conference 102

PYMNTS

AUGUST 9, 2019

The company is reportedly in talks with online used car site Kavak and FinTech Konfio, which aids small businesses in getting loans. . Kavak CEO Carlos Garcia told the news outlet that SoftBank has been meeting with a lot of startups in the Latin American region. . “We SoftBank is working to change that.

America 109

America San Francisco Meeting Regional 109

PYMNTS

DECEMBER 3, 2019

London-based FinTech startup Rapyd has secured an additional $20 million in funding, bringing its valuation to $1.2 Asia-Pacific and Latin America are two important locales for Rapyd, which has signed on 20 additional large-scale companies in the past three months, with several of them based, or serving customers, in the two regions.

Fintech 131

Fintech Capital Regional America 131

CB Insights

JULY 18, 2018

Investors from around the globe are flocking to Latin America — within the first half of 2018, deep-pocketed investors like Andreessen Horowitz, Sequoia Capital, and DST Global have backed startups in the region. Private technology companies in Latin America have raised over $5.8B Want the 12-page report for free?

Regional 50

Regional America Capital United States 50

Bank Innovation

NOVEMBER 19, 2018

In some cases, the establishment of one powerful player in a region automatically turns a place into a […]. The number of financial technology companies is on a rise, and every year many of these new companies as well as established ones choose to situate themselves in cities that are not San Francisco or New York.

San Francisco 267

San Francisco New York Fintech Regional 267

PYMNTS

NOVEMBER 17, 2020

Mastercard is teaming up with FinTech startup Juvo to help the “underbanked” in Latin America and the Caribbean to build credit histories so they can engage in a wider range of financial services. Mastercard plans to take Juvo’s platform to financial institutions (FIs) across Latin America and the Caribbean.

Regional 150

Regional America Regulation Fintech 150

PYMNTS

AUGUST 14, 2018

And, according to Cipher , a data insights firm based in the United Kingdom, in FinTech, the patent race is one that is seeing some clear winners, among them large tech firms, with traditional banks trailing. IBM has just under 24,000 FinTech patents in its roster. That company had more than 2,500 patents granted and pending last year.

Fintech 189

Fintech Course America Examples 189

PYMNTS

JULY 21, 2020

The European Union’s financial authorities are monitoring how the pandemic may be affecting banks’ and FinTechs’ compliance with rules such as the General Data Protection Regulation (GDPR) and the revised Payment Services Directive (PSD2), for example. How The Pandemic Is Highlighting Open Banking Challenges In Latin America.

Mobile 229

Mobile Report America Regulation 229

CB Insights

MAY 11, 2020

VC-backed fintech startups are no exception. Across the board, fintech funding activity stalled in Q1’20 as the coronavirus outbreaks forced investors to pull back investments. Report Highlights: In Q1’20, VC-backed fintech funding dropped to $6.1B Investors start to see some liquidity amid a fintech M&A spree in 2020.

Trends 101

Trends Fintech Report America 101

Celent Banking

APRIL 25, 2016

Digital is the new reality in Latin America. Threat of fintechs is also a reality. Over 80 fintechs in Brazil and 60 in Colombia are a good sense that the industry is already being challenged beyond incumbents. Atom Bank in the UK, Fidor Bank in Germany, and mBank in Poland are only a few to mention.

America 100

America Digital Banking Strategy Fintech 100

PYMNTS

SEPTEMBER 28, 2016

Corporate payments firm WEX is pushing virtual card technology within Latin America and has announced a new partner to help the cause. In a statement, WEX LATAM CEO Jose Roberto Kracochansky said the region is rapidly adopting this kind of corporate payment technology.

America 100

America Cards Regional Payments 100

CB Insights

AUGUST 5, 2020

In this report, we also explore examples of embedded fintech, the integration of financial products by non-financial companies into their service offerings, a key evolution that will help shape the future of fintech. Fintech funding rebounds in Q2’20 but deal activity continues to fall. Report Highlights.

Trends 100

Trends Fintech Report America 100

The Paypers

OCTOBER 16, 2020

Brazil-based fintech company EBANX has announced its expansion to Central America and the launch of EBANX GO within the LATAM region.

America 52

America Regional Fintech Company 52

PYMNTS

NOVEMBER 24, 2020

It’s A Wrap: Visa Completes Purchase Of Latin American FinTech YellowPepper. Visa has wrapped up its acquisition of YellowPepper, the Latin American FinTech, in the first arrangement of its kind by the financial company in the region. Terms of the arrangement were not made known.

Payments 214

Payments Regional Strategy Analysis 214

Let's Talk Payments

JUNE 17, 2019

In May 2019, FinTech startups across the globe raised $2.67 of the global FinTech funding in the fifth month of 2019. In region-specific terms, the Americas dominated global FinTech VC funding in May with 68.8% Europe placed second with 19% in contributions to global FinTech VC funding in May by value ($509.1

Fintech 101

Fintech Lending Regional America 101

PYMNTS

MARCH 3, 2020

To continue supporting technology in regions all over the world from North America to Southeast Asia, Leonid Boguslavsky-founded RTP Global unveiled a new $650 million fund to keep investing in early-stage tech companies. The venture capital firm’s last fund totaled $200 million and was rolled out in 2017, according to reports.

United States 140

United States Regional America Capital 140

CB Insights

JUNE 25, 2020

The largest US banks (Bank of America, Citi, Goldman Sachs, and JP Morgan) have developed their fintech strategies over the past decade, each with distinct investment approaches. More recently, the next tier of banks — “super-regionals,” which manage assets of $50B to $500B — have followed suit.

Fintech 76

Fintech Regional Strategy America 76