News

Brazil QI Tech Raises $200M Series B

QI Tech, the first Direct Credit Company (SCD) approved by the Brazilian Central Bank, announced an investment of US$200 million (R$1 billion) in a Series B round led by General Atlantic, with participation from existing investor Across Capital, which is

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J.P. Morgan Payments Selects Trulioo for Global Identity Verification Service

Trulioo, a global identity verification platform, announced that J.P. Morgan Payments has selected the Trulioo global identity platform to help J.P. Morgan Payments clients combat fraud and other financial crimes. As part of the agreement, J.P. Morgan Payments will use

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Curve Selects Nuvei to Boost Customer Experience

Nuvei Corporation, the Canadian fintech company, announces that it has been selected by Curve, the fast-growing financial super app that consolidates your cards into one smart card, to provide card acquiring and alternative payment methods (APMs) for consumer transfer of

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J.P. Morgan and Mastercard Take Pay-By-Bank Live

J.P. Morgan Payments’ Pay-by-bank solution, which provides billers with the ability to allow their customers to pay bills directly from their bank account, is now live. Leveraging Mastercard’s open banking technology to enhance J.P. Morgan Payments’ ACH capabilities, Pay-by-bank offers

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Airwallex Signs Definitive Agreement to Acquire Mexico Payments Company MexPago

Hong Kong based Airwallex, announced it has signed a definitive agreement to acquire MexPago, a Mexico-based payment service provider and an Institution of Electronic Payment Funds (IFPE) license-holder. The transaction is subject to regulatory approvals and customary closing conditions. This

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Prove Identity Secures $40 Million Funding

Prove Identity, a digital identity solutions provider, has announced a $40 million funding round led by MassMutual Ventures and Capital One Ventures. The new funding, supported by over 40% new international customer growth year to date, reinforces Prove’s position as

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Fintech Dominates Colombia Startup Ecosystem

Fintech has emerged into the dominant segment in the Colombian startup ecosystem, making up more than 15% of all startups in the country, a new report by StartupBlink, KPMG Colombia and other industry stakeholders, show. The Colombia Tech Report 2022-2023,

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7 Fintech Companies from Panama to Know

Panama, a key financial hub in the Americas, has witnessed a growth in fintech development over the past years. Although the ecosystem remains limited compared with regional leaders such as Brazil and Mexico, Panama has nevertheless seen several local players

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Mexican Neobank Albo Secures US$40 Million Series C

Albo, a neobank in Mexico, announced the successful closure of its recent US$40 million growth funding round. This follows closely on the heels of albo’s strategic acquisition of the technology firm delt.ai for US$20 million. Despite the challenges posed by

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Top 18 Fintech Events Taking Place in USA and Canada in Q4 2023

North America is home to one of the world’s largest and most developed fintech ecosystems. The US, with its dynamics hubs of New York City and Silicon Valley, is a driving force in the sector. Canada, meanwhile, is witnessing its

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