Tag: South America
BCP Invests $650 Million in Hybrid Cloud Modernization with Microsoft and Kyndryl
Banco de Crédito del Perú (BCP) is launching a $650 million investment to modernize its systems using hybrid...
New digital wallet Kuady launches in several LatAm markets powered by Mambu
Launch: Open Payment Technologies has launched Kuady, a digital wallet app, in Peru, Chile, Argentina, and Mexico, aimed...
Aleph acquires majority stake in Argentinian PSP Localpayment
Aleph Holding has acquired a controlling equity interest in Localpayment, an Argentinian payment service provider focused on emerging...
ICYMI fintech funding round-up: Skydo, Finora Bank, Okredo, Parafin, and more
ICYMI Funding Round-Up Summary:Cardea Corporate Holdings:Secured $15 million in convertible note financing.
Funds will be used for...
Nium looks to expand presence in LatAm with new licence applications
Licence Applications:Nium is applying for a Payment Institution licence in Brazil to offer extended payment services, including...
Mexico’s Stori lands $212m in mix of equity and debt financing
Funding Secured: Mexican fintech unicorn Stori has secured $212 million in a combination of equity and debt financing....
Nuvei set to obtain licence in Brazil with proposed acquisition of Pay2All
Acquisition Agreement: Canadian payments processor Nuvei has agreed to acquire Pay2All to strengthen its position in the Brazilian...
Credicorp Capital in Peru goes live with Temenos’ Multifonds
Here are the key points regarding Credicorp Capital’s implementation of Temenos’ Multifonds platform:Deployment: Credicorp Capital has launched the...
Alt.bank in Brazil migrates novücard credit card infrastructure to Visa’s Pismo
Alt.bank Migrates novücard Credit Card to Pismo's Core Banking Platform
Key Points:Migration Details:Fintech: Brazilian fintech alt.bank.
Product: novücard...
Brazil’s Matera lands $100m investment from Warburg Pincus
Summary of Matera's $100 Million Investment from Warburg PincusInvestment Details:Total Amount: $100 million.
Investor: Warburg Pincus, a...
Digital challenger Inter promotes SVP Alexandre Riccio to Brazil CEO
Summary of Inter's Leadership Changes and StrategyLeadership Appointment:New CEO: Alexandre Riccio appointed as CEO for Brazil.
Focus...
Argentinian fintech start-up Tapi bags $22m Series A led by Kaszek
Tapi secures $22 million Series A funding:Led by Brazilian VC firm Kaszek
Participation from Californian VC Andreessen...