Mexico
🎉 Mexico🇲🇽: Revolut🇬🇧🇱🇹 receives approval to launch banking operations Paid Members Public
🎉 Mexico🇲🇽: Revolut🇬🇧🇱🇹 receives approval to launch banking operations While progress at home has been slow, the company is making significant strides in Latin America. ➡️ The National Banking and Securities Commission (CNBV) and the Central Bank of Mexico have granted Revolut final authorization to operate as a multipurpose banking institution, allowing
🎉 Colombia🇨🇴: international payment provider EBANX launches the instant payment system #Bre-B for foreign merchants Paid Members Public
🎉 Colombia🇨🇴: international payment provider EBANX launches the instant payment system #Bre-B for foreign merchants Colombia’s Bre-B is a new national instant payment system in Latin America, officially launched just a month ago. It is a state-owned payment platform operating under an A2A (account-to-account) model, integrated directly into local banking
🔝Latam bet: neobank Revolut 🇬🇧🇱🇹enters Mexico 🇲🇽with plans for Argentina 🇦🇷 and Colombia 🇨🇴 Paid Members Public
🔝Latam bet: neobank Revolut 🇬🇧🇱🇹enters Mexico 🇲🇽with plans for Argentina 🇦🇷 and Colombia 🇨🇴 The move is part of a USD 4 billion global investment plan aimed at strengthening the company’s international presence and creating 10,000 jobs over the next five years. ▶️Latin America is emerging as a rapidly expanding
🎉Mexico🇲🇽: Belarusian company Open FX🥔launches its cross-border payment platform in the country Paid Members Public
🎉Mexico🇲🇽: Belarusian company Open FX🥔launches its cross-border payment platform in the country The company will offer Mexicans more efficient access to global foreign exchange (FX) markets, while providing foreign companies with the ability to convert other currencies into Mexican pesos almost in real time. ➡️OpenFX aims to reduce conversion
🎉Argentina🇦🇷recognized as the most promising crypto market in Latin America Paid Members Public
🎉Argentina🇦🇷recognized as the most promising crypto market in Latin America The statistics, although mostly from last year, confirm a growing trend supported by the policies of President Milei’s administration. ▶️Due to the hyperinflation of 2022-2024, Argentinians became pioneers in the use of stablecoins as a safeguard for assets.
😱Once in Latam: most gambling companies published their Q2 results Paid Members Public
😱Once in Latam: most gambling companies published their Q2 results In short, Brazil🇧🇷 and Mexico🇲🇽 are leading, while Colombia🇨🇴 and Peru🇵🇪 face challenges due to tax pressures. ➡️In Brazil, gambling and betting have been regulated for 8 months, and so far things are progressing smoothly. It is currently the fastest-growing
🔝Peruvian fintech Do Payments🇵🇪 seeks to fill a “risk niche” in Latin America Paid Members Public
🔝Peruvian fintech Do Payments🇵🇪 seeks to fill a “risk niche” in Latin America Its new payment solution, Do Pay, is focused on processing payments for sports betting and online gaming. This initiative is a significant step for merchants in the region, where liquidity is often low and settlement times can
💪 Argentina🇦🇷: the mega fintech MercadoPago applies for a banking license Paid Members Public
💪 Argentina🇦🇷: the mega fintech MercadoPago applies for a banking license The platform announced its intention to “expand the range of services within its 100% digital model” and position itself as “the largest digital bank in the country.” ▶️ What’s driving this move❓ — MercadoPago aims to enter the microcredit market, a