Colombia Cuts Key Rate
The central bank of Colombia has ignored calls to intensify the process of cutting interest rates.
Colombia
Mexican Fintech Stori Enters Colombian Market
Mexican fintech company Stori is set to launch in Colombia with a $100 million investment.
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.
Citi Invests in Colombian FinTech Supra
Citi has led a round of strategic investments in Supra, a fintech company based in Colombia.
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.
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
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.
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
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
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
BBVA Targets Colombia’s Innovation Sector
Spanish financial group BBVA announced the creation of a business unit in Colombia.
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