Peru

Foreign Fintech Companies Flock to Peru

Peru’s fintech industry is expected to get a boost this year, driven by favorable regulatory developments and rising demand for more accessible and inclusive financial services. Javier Salinas, director of Emprende UP, the center for entrepreneurship and innovation of the

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Peru Fintech Industry Grew 16% This Year; COVID-19 Accelerates Adoption of Digital Financial Services

Peru’s fintech industry has been growing consistently these past years, surging to 171 fintech companies operating locally, as of September 2021. The figure represents a 16% from 2020, and an annual average growth rate of 20% over the last seven

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Paysafe Signs US$441 Million Deal To Acquire LATAM Rival SafetyPay

London-based payments platform Paysafe signed a deal to acquire Latin American digital payments firm SafetyPay for US$ 441 million in an all-cash transaction that is expected to close in the fourth quarter of 2021. Paysafe said in a statement that

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Paysafe To Acquire Peru’s PagoEfectivo

Paysafe a leading specialized payments platform, today announces that it has signed a definitive agreement to acquire PagoEfectivo, a market-leading, Peruvian alternative payments (APM) platform. For Paysafe, this latest investment is a strategic foothold in Latin America, one of the

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