PayPal helps entrepreneurs with MetLife and Village Capital
The alliance will reach out to more than 100 fintech health entrepreneurs.
South America
Nubank raises a staggering $400m
As it announces plans to expand to Mexico and Argentina.
Mambu signs first Brazilian client Acesso
Acesso issues prepaid cards for the underbanked.
Pan-American Life Insurance seeks AML with Fiserv tech
Complying with regulation across each geography.
Jumio solves BTG Pactual’s digital ID check challenge
AI solution overcomes the difficulties of verifying Brazilian ID.
Airfox partners with Mastercard for Brazil’s financial inclusion
It has also partnered with Cielo and Zurich Insurance.
Video: fintech news weekly round-up – 8 July 2019
Some of this week’s news, in video format!
Linio Colombia and Ingenico ePayments partner up
Ecommerce is booming in Colombia.
Denver and Latin America form digital finance collaboration
Peru and El Salvador cooperatives join forces with US credit unions.
PPRO acquires LatAm paytech, Allpago
The deal is part of PPRO’s global expansion strategy.
SoftBank confirms $200m investment in Creditas
The Brazilian lendtech provides credit with houses or vehicles as collateral.
Video: fintech news weekly round-up – 30 April 2019
SoftBank invests in Wirecard, Tencent in Argentinian Uala, and other Visa news.
Tencent takes a gamble on Argentina’s Uala
The amount of the equity investment has not been disclosed.
First Data to acquire Brazilian paytech Software Express
The two companies expect to process more than 15 billion transactions this year.
PayPal pumps $750m into e-commerce firm MercadoLibre
The Argentine company is planning to raise $1.85bn in equity offerings.
Flexcube core banking system gains new takers in LatAm, Europe and Asia
Banco Votorantim in Brazil, Ghazanfar Bank in Afghanistan, Prince Bank in Cambodia, and FEDinvest in Albania.
Banco Bolivariano gets Diebold Nixdorf’s mobile banking tech
Ecuadorian bank upgrades with the help of Kony.
Mastercard and Angaza shine for payments in emerging markets
Will offer digital solution that “increases access to affordable necessities”.
Challenger bank N26 expands to Brazil
It’s also planning its delayed launch in the US this year.
Brazil’s BTG Pactual makes digital token move
ReitBZ is a security token offering designed for nation’s real estate market.
Brazilian challenger bank C6 will see you now
It has its licence and is now testing out functionalities
Colombia’s fintech wakes up to open banking
New alliance between Colombia Fintech and Open Vector is a start.
Itau Unibanco catches criminals with AI-controlled cameras
Brazilian bank expanding pilot throughout its branches.
BPP Pay launches mobile wallet in Brazil
Taking the place of Samsung and Google Pay.
Video: fintech news weekly round-up – 28 January 2019
Featuring LatAm, ING, Alipay and Square.
Advent International takes majority stake in Prisma Medios de Pago
The Argentinian payments giant covers a big market in the region.
Paytech Allpago powers on to Chile
PSP will help international merchants to accept local cards.
Brazilian challenger Nubank breaks down doors with debit debut
The release is “another piece of the jigsaw that was missing”.
Vocalink to revamp Peru’s payments system
Teams with Cámara de Compensación Electrónica for real-time upgrade.
UNICEF fuels SME funding for emerging markets
Its innovation fund gives Atix Labs some support for good causes.
Itaú, Wells Fargo and StanChart make $100m club loan on blockchain
Proof of concept used R3’s Corda Connect platform.
Ebanx to process LatAm payments for Camel Financial
Camel is the financial arm of e-commerce firm DHgate.
FICO fuels Banco Original digital launch
The “first Brazilian bank to offer a 100% digital checking account”.
Uruguayan fintech Bankingly gets $5m investment
Financial inclusion, backed by U2 singer Bono.
MUFG and Bradesco create Ripple-s with new cross-border payment service
Planned service between Japan and Brazil will use Ripple’s technology.
Banco Ficensa live with new core banking system, Datapro’s e-IBS
The implementation was “transparent and efficient”, Datapro says.
Openbank picks AxiomSL for regtech reporting
Includes central bank, trade and transaction reporting.
UniBank Panama integrates Ipsidy’s biometrics tech
Ipsidy’s shares shot up as a result.
Tencent invests $180m in Brazilian challenger Nubank
Takes the bank’s valuation to a lively $4 billion.
Argentine Banco Galicia opens up Starbucks bank branch
Following Santander’s coffee + banking branch opening in Chile.
