Colombia
18 Upcoming Fintech Events in Latin America to Attend
Latin America (LatAm) is experiencing a dynamic surge in fintech innovation, emerging as one of the fastest-growing regions in the space globally. As of April 2023, the region was home to about 1,000 active fintech companies with Brazil (466 fintech
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Top 8 Fintech Deals in Latin America in H1 2023
Fintech startups in Latin America (LatAm) raised a total of US$254 million in funding in Q2 2023, bouncing back 69% from Q1’s US$137 million, data from Fintech Global, a provider of fintech information services, show. Despite the quarter-on-quarter (QoQ) rebound,
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6 Fast-Growing Fintech Startups in Colombia to Follow in 2023
Alongside Brazil and Mexico, Colombia is among the top three Latin American countries when it comes to fintech innovation. The country was home to 279 fintech companies in 2021, behind only Brazil (771) and Mexico (512). The figure makes Colombia
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European Merchants Tap Latin America E-Commerce Opportunity
Latin America, one of the fastest-growing e-commerce markets globally, has become a preferred destination for European companies looking to expand globally, an appeal that’s owed to the region’s booming smartphone penetration, rapidly digitizing population and improving payment infrastructure, a new
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In Latin America, Fintech is Driving Banking Innovation and Improving Financial Inclusion
The rise of fintech in Latin America (LatAm) over the past decade has shaken up the region’s financial landscape, driving innovation in the banking sector, boosting competition and helping increase inclusion, a new paper by the International Monetary Fund (IMF)
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Warren Buffett-Backed Nubank Crosses 70 Million Users
Nubank has reached 70 million customers in Latin America, with 66.4 million users in Brazil, 3.2 million in Mexico, and more than 400,000 in Colombia — making it the fifth largest financial institution in Brazil in terms of number of
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Payments Group PayU Finalises Acquisition of Colombia’s Ding to Expand to LATAM
Netherlands’ PayU has received the endorsement of Colombian regulatory authorities to acquire local electronic payment and deposit specialist Tecnipagos, better known as Ding. Based in Bogota, Ding allows merchants to make electronic deposits like they would with a savings account,
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Digital Banking and Insurtech Among Fastest-Growing Fintech Segments in Latin America
The fintech ecosystem in Latin America (LatAm) has risen quickly over the past couple of years with sustained growth observed in all segments and in the number of active fintech companies, a new report from the Inter-American Development Bank (IDB)
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Colombian Proptech Habi Attains Unicorn Status With US$200 Million Series C
Habi, a Colombian data-driven residential real estate platform, announced that it has raised US$200 million in equity in its Series C funding round, The company said that it is the first proptech unicorn with a female founder and CEO in
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Colombia Fintech: Underdeveloped Wealthtech, Banking Tech Sectors Are an Opportunity
In Colombia, underdeveloped fintech segments including investment management/wealthtech and banking infrastructure represent a market opportunity for Swiss fintech companies, which have over the years build up expertise and competencies in both areas, a new report by Swiss governmental agency Switzerland
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