FinTech Klar Aims for IPO
Mexico-based fintech company Klar intends to go public at the end of 2026.
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Microsoft to Invest $1.3 Billion in Mexico
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.
USDC Integrates With Real-Time Payment Systems of Mexico and Brazil
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.
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.
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 […]
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.
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
