Power to the people: How Zenus Bank aims to democratise access to banking
FinTech Futures sits down for a chat with Mushegh Tovmasyan, founder of Zenus Bank.
FinTech Futures sits down for a chat with Mushegh Tovmasyan, founder of Zenus Bank.
Marco says the combined funding will support its ambition to “close the $2 trillion global trade finance gap”.
Diners Club Ecuador has gone live on Temenos’ cloud-native banking platform with AWS.
Inter&Co provides financial services through its ‘super-app’ to more than 25 million users.
Grainger brings 20 years of banking and payments experience to his new role.
The bank will be powered by Vault Core, Thought Machine’s cloud-native core banking platform.
The start-up provides Brazilian farmers access to credit through a mobile-first platform.
The acquisition, for an undisclosed sum, will also see Oyster CEO Vilash Poovala become Yaydoo’s new CTO.
Nucoin, Nubank’s very own cryptocurrency, is expected to launch in the first half of 2023.
The bank is expecting to invest up to €300m in the strategic partnership.
Kushki says Billpocket will help it grow its paytech business threefold in Mexico.
Founded in 2018, Ali claims to have negotiated more than $37 million in payroll-deductible loans.
Itaú selected Genesis for its “deep domain experience in asset management, trading and financial services”.
The company expects its products to go live in Brazil in the first half of 2023.
The credit line is designed to help finance further expansion into Mexico, Bloomberg reports.
The debt funding will be complemented by a seed equity round that Plurall is currently raising.
Latin American fintech start-ups Belvo and Rebill are among the lucky recipients of new funds.
The Binance Card will convert crypto to fiat currency in real time at the point of purchase.
Toperty is based in Colombia and Saturn5 is based in Mexico City.
Founded in 2009, AstroPay provides payment solutions and digital wallet services across the globe.
The debt financing will boost its lending operations and accelerate its expansion throughout Latin America.
Geopagos says the round marks its first institutional financing.
Paystand says the combined company “will redefine the boundaries of B2B fintech” across the Americas.
The funding will allow the firm to expand its portfolio of credit products “in a sustainable and balanced way”.
Pismo and OneConnect entered into a strategic partnership in April this year.
Millions of Brazilians can now gain access to a financial system that traditionally excluded them.
PicPay sees crypto as a way to decentralise payments and other financial services.
Deuna plans to use the funds to expand into Latin America, develop its product and hire new talent.
Firm hopes new licence will help diversify its sources of funding and grow its portfolio of credit products.
Madeira brings engineering and product building expertise from stints at Google, Snap, and Coinbase.
Daxsen Bank intends to reduce operational and transactional costs to “revolutionise” the country’s banking sector.
Kushki says the funding will be used to accelerate development of its payments infrastructure.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Nomad previously raised a $20 million Series A round in July 2021.
Experian will buy a 51% stake in MOVA for $7.9 million.
Dock says the new capital will turbocharge its product development and international expansion plans.
With the acquisition, Ebury aims to expand its offerings in Brazil.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
YoCripto is on a mission to be the first in Latin America to offer a credit card with Bitcoin rewards.
The company operates in Mexico and Chile and has more than 450 employees spread throughout LatAm.