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EPAM Acquires Colombian Software Firm S4N for Its Latin America Expansion
EPAM Systems, a US-based provider of digital platform engineering and development services, has acquired S4N, a Columbian software development services firm specialising in the design and development of modern software products and enterprise platforms. The move is a part of
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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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Mastercard Study: Share of Financially Excluded Consumers in LatAm Cut in Half Since COVID-19
The number of cash-only consumers, or those without a financial account, has decreased substantially in Latin America (LatAm) over the past couple of years, plummeting from 45% in 2020 to only 21% in 2023, a new study by Mastercard and
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6 Leading Fintech Startups from Mexico to Know
Mexico’s startup ecosystem has made notable strides over the past years, facilitated by the country’s strategic location, the size of its market, and its language. Today, its capital city, Mexico City, is home to the majority of the nation’s startups,
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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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5 Promising Early-Stage Fintech Startups from Argentina to Know
Argentina, one of South America’s most promising economies, has a burgeoning fintech ecosystem that’s evolved rapidly over the past years, fueled by favorable factors including a growing tech-savvy population, increasing smartphone adoption, and a thirst for financial inclusion. Today, Argentina
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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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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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North America Fintech Market Set to Quadruple by 2030
Boston Consulting Group (BCG) and QED Investors have released a report projecting a sixfold increase in financial technology revenues from US$245 billion to US$1.5 trillion by 2030. The fintech sector, which currently holds a two percent share of the US$12.5
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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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