Santander Launches Openbank in Mexico
Last Tuesday, November 19, Santander’s fully digital bank, Openbank, was launched in Mexico.
Last Tuesday, November 19, Santander’s fully digital bank, Openbank, was launched in Mexico.
Mexico, a country renowned for its warm hospitality, rich cultural heritage, and diverse landscapes, offers a comfortable living experience for both locals and expatriates. From its pristine beaches to its vibrant cities, Mexico provides a unique blend of modern amenities and traditional charm, making it an attractive destination for those seeking a balanced lifestyle. Safety […]
Mexico-based fintech company Klar intends to go public at the end of 2026.
Technology giant Microsoft on Tuesday, September 24, announced its intention to invest $1.3 billion to build up its infrastructure for cloud computing and artificial intelligence in Mexico over the next three years.
Circle has partnered with leading banks in Mexico and Brazil to integrate its stablecoin, USDC, into the national real-time payment systems of these two countries.
The Mexican digital payments and e-commerce platform Clip has announced that it has raised $100 million in financing.
Centuries-old historical experience, in the vast, but perhaps not infinite space of which human life dissolves, at best leaving behind a trace, over time, with a high degree of probability, significantly fading or completely disappearing under the pressure of new times, indicates that changes in global processes are a kind of phenomenon that creates winners […]
Media reports that Mercado Libre, which operates in the sphere of e-commerce and provides payment services to consumers, plans to invest $2.5 billion in Mexico.
Amazon.com Inc. has started working with Mexican fintech company Kueski, which specializes in the providing of Buy Now, Pay Later (BNPL) service and personal loans, to offer consumers the opportunity to make payment transactions in installments every two weeks in the space of Latin America’s second-largest economy.
Santander Mexico, a subsidiary of global banking giant Santander, is currently preparing to launch its digital service.
The World Economic Forum emphasised the role of thriving fintech hubs hosting clusters of fintech corporate headquarters and providing significant operating markets such as Singapore, the UK, the US, Mexico and India for the global growth of the fintech industry.
Kapital, the company that manages the banking platform, announced that it has managed to raise new capital for $165 million.
Brazilian challenger Nubank has surpassed 90 million customers in Latin America across its operations in Brazil, Colombia, and Mexico.
Latin American fintech bank Nubank has announced the launch of a consumer lending program for its customers in Mexico.
The media reported that the fintech company Clara in Mexico began to provide local consumers services for making cross-border payment transactions.
Currently, in Latin American countries, a significant part of non-bank households does not demonstrate either the desire or any readiness to switch to real-time payment in their actions related to handling finances, but experts believe that in the near future in some parts of this region, the corresponding service will be scaled.
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