Colombia

Finance & Economics

Colombia Cuts Key Rate

The central bank of Colombia has ignored calls to intensify the process of cutting interest rates.

Fintech & Ecommerce

Mexican Fintech Stori Enters Colombian Market

Mexican fintech company Stori is set to launch in Colombia with a $100 million investment.

Fintech & Ecommerce

Payment Service Provider Bold Raises $50 Million

The fintech company Bold, which is based in Colombia, reported that it managed to raise investment funds for $50 million.

News

Citi Invests in Colombian FinTech Supra

Citi has led a round of strategic investments in Supra, a fintech company based in Colombia.

Fintech & Ecommerce

Nubank Customer Base in Latin America Surpasses 90 Million

Brazilian challenger Nubank has surpassed 90 million customers in Latin America across its operations in Brazil, Colombia, and Mexico.

News

Google Wallet Launches in Colombia

Colombia was added to the list of 70 countries where Google Wallet can be used to make contactless in-store payments

News

Central Bank of Colombia Backs Partial Restrictions on Use of CBDC

Last week, the central bank of Colombia released a report suggesting that limiting CBDC with a high degree of probability may be the right strategy for a financial institution.

Blockchain & Crypto

Bitfinex Expands Its P2P Platform in South America

Crypto exchange Bitfinex has launched a peer-to-peer (P2P) trading platform in Venezuela, Argentina and Colombia

News

Colombia’s Central Bank Chooses Ripple for CBDC Pilot

The pilot project will show whether Ripple’s new end-to-end CBDC platform could help boost Colombia’s high-value payment system

News

Mastercard Customizes Solutions for Female Entrepreneurs

Mastercard has introduced a suite of services dedicated to the financial needs of female business owners across the regions of Latin America and the Caribbean

News

BBVA Targets Colombia’s Innovation Sector

Spanish financial group BBVA announced the creation of a business unit in Colombia.