Mercado Pago, the FinTech arm of MercadoLibre, reportedly applied for a banking license in Mexico earlier this month. The firm sent the application to the Mexican...
Walmart Mexico’s new boss is aiming to double its sales amid robust eCommerce competition. Ignacio Caride, who spent more than a decade with online retailer...
Mexican FinTech Stori says it has raised $212 million in equity and debt financing. The new funding, announced Tuesday (Aug. 6), will help Stori develop...
Mexico-based FinTech Aviva has raised $5.5 million in seed funding. “This oversubscribed round highlights the strength of our model’s unit economics, as well as our...
Blu Financiero, a FinTech company focused on the underbanked population in Mexico, has launched a “mass market” credit card that has a 99% approval rate...
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...
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...
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...
Mexico-based digital payments/commerce platform Clip has raised $100 million in new funding. The financing comes from investment funds managed by Morgan Stanley Tactical Value, and...