Latin America

Latin America is a group of countries and dependencies in the Western Hemisphere where Romance languages such as Spanish and Portuguese are predominantly spoken; it is broader than the terms Ibero-America or Hispanic America.

(source: en.wikipedia.org)

XTransfer and EBANX Form LatAm B2B Payments Partnership
XTransfer and EBANX Form LatAm B2B Payments Partnership
July 23, 2024  |  B2B Payments

Cross-border trade payments platform XTransfer has joined forces with payments firm EBANX. The partnership, announced Tuesday (July 23), is designed to streamline B2B payments in Latin America. “This collaboration will...

READ MORE >
Brazil’s Central Bank Delays Launch of Pix Recurring Payments Feature
Brazil’s Central Bank Delays Launch of Pix Recurring Payments Feature
July 22, 2024  |  Real-Time Payments

Brazil’s central bank has delayed the launch of a recurring payments feature that will be added to its Pix instant payment system. The feature, Automatic...

READ MORE >
US Agencies Warn Financial Institutions About Mexico-Based Timeshare Fraud Schemes
US Agencies Warn Financial Institutions About Mexico-Based Timeshare Fraud Schemes
July 16, 2024  |  Security & Fraud

Federal agencies are warning financial institutions about timeshare fraud schemes associated with Mexico-based transnational criminal organizations. The Financial Crimes Enforcement Network (FinCEN), jointly with the...

READ MORE >
OCN Raises $86 Million to Expand Gig Worker Platform
OCN Raises $86 Million to Expand Gig Worker Platform
July 15, 2024  |  Investments

OCN, a gig worker-focused FinTech formerly called OneCarNow, raised $86 million in equity and debt in a Series A funding round. The firm, based in...

READ MORE >
Argentine FinTech Tapi Raises $22 Million Amid Expansion Into Mexico
Argentine FinTech Tapi Raises $22 Million Amid Expansion Into Mexico
July 14, 2024  |  Payment Methods

Argentina-based payments processor Tapi has reportedly raised $22 million in new funding. The company will use the Series A funding to help fuel its expansion...

READ MORE >
Zuora and Ebanx Partner to Expand Acceptance of Local Payment Methods
Zuora and Ebanx Partner to Expand Acceptance of Local Payment Methods
July 09, 2024  |  Partnerships

Zuora and Ebanx partnered to enable Zuora’s customers to accept local payment methods in 13 countries in Latin America and two in Africa. The collaboration...

READ MORE >
Prometeo Launches Bank Account Validation Offering for US Market
Prometeo Launches Bank Account Validation Offering for US Market
June 18, 2024  |  Banking

Latin American FinTech Prometeo has launched its Bank Account Validation (BAV) offering for the U.S. market. This offering enables Latin American businesses to connect with...

READ MORE >
Brazil’s Kanastra Raises $21 Million for Private Credit Funds Platform
Brazil’s Kanastra Raises $21 Million for Private Credit Funds Platform
June 05, 2024  |  Investments

Kanastra raised $21 million in a Series A funding round to continue to improve its tech-driven back office for private credit funds and securitizations in...

READ MORE >
Nuvei and Visa Team to Offer Visa Direct in Colombia
Nuvei and Visa Team to Offer Visa Direct in Colombia
June 03, 2024  |  Partnerships

Nuvei says it is the first global payments provider offering Visa Direct in Colombia, via a new partnership with Visa. “Offering instant payouts through Visa Direct supports our strategy of...

READ MORE >