Mexico

News

Mexican Fintech Platform Clip Raises $100 Million

The Mexican digital payments and e-commerce platform Clip has announced that it has raised $100 million in financing.

Finance & Economics

Global Situation Provides Advantages to Mexico’s Manufacturing Sector

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 […]

Fintech & Ecommerce

Mercado Libre Reportedly to Invest $2.5 Billion to Bolster Growth in Mexico

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.

News

Amazon to Offer BNPL 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.

Fintech & Ecommerce

Santander Mexico to Launch Digital Bank Service

Santander Mexico, a subsidiary of global banking giant Santander, is currently preparing to launch its digital service.

News

India Is Among Top Fintech Cluster Hubs Globally

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.

News

Banking Platform Kapital Raises $165 Million

Kapital, the company that manages the banking platform, announced that it has managed to raise new capital for $165 million.

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.

Finance & Economics

Nubank Launches Personal Loans in Mexico

Latin American fintech bank Nubank has announced the launch of a consumer lending program for its customers in Mexico.

Fintech & Ecommerce

Clara Reportedly Launches Cross-Border Payments in Mexico

The media reported that the fintech company Clara in Mexico began to provide local consumers services for making cross-border payment transactions.

News

Mexico and Peru to Develop Real-Time Payments

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.

Finance & Economics

Citigroup Plans IPO for Mexican Banking Unit Banamex

Citigroup announced its decision to take public its retail banking services division Banamex, which is based in Mexico.

News

Walmart to Expand Capabilities of Digital Wallet in Mexico

The media reports that the Walmart division (Walmex), which operates in Mexico and Central America, intends to expand the capabilities of the digital wallet provided to customers.

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

Finance & Economics

Vexi Raises $8 Million to Expand Access to Credit in Mexico

Mexican neobank Vexi announced the attraction of investment funds in the amount of $ 8 million following the results of the Series A financing round.

News

INVEX Banco Launches Mexico-Based Neobank Now

INVEX Banco, a private Mexican bank with almost 30 years of operations in the market, has introduced the fully-digital neobank – Now