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Tag: neobanks

Fintech Nexus Newsletter (December 1, 2023): Fintech consolidation continues: Yieldstreet acquiring Cadre

While it is not yet a wave, fintech consolidation is starting to pick up. And yesterday we learned of another deal, this one in...

Fundamentals of FinTech Architecture: Challenges, and Solutions

The FinTech market recorded considerable growth last year and is expected to reach a turnover of USD 197.8 billion by 2024.But what is the...

LatAm neobanks show promising signs, soaring profits in Q3

Times might be hard for global tech firms, but the largest neobanks in Latin America are not showing it. The region’s biggest fintechs have...

How a Milei presidency could boost Argentine fintech

The surprising victory of libertarian Javier Milei in Argentina’s presidential elections has injected fresh optimism into the fintech sector. Industry leaders are hopeful for...

The state of security in digital banking

As a founding principle in the creation and subsequent evolution of banks, the importance of security cannot be understated. It is this importance that...

German N26 exits Brazil amid fierce digital banking competition

Two years after arriving in Brazil, neobank N26 has announced intentions to pull out of its Latin America endeavor. The German digital bank, one of...

Hybrid Cloud Challenges and How to Avoid Them – DATAVERSITY

Hybrid cloud solutions are indispensable in achieving a balance between data security, scalability, and innovation for banking, fintech, artificial intelligence (AI), and machine learning...

In Mexico, fintechs eagerly await the delayed Open Finance regulation

Mexico, once a pioneering force with its Fintech law back in 2018, now faces the risk of lagging behind its Latin American peers. Five...

Top 10 FinTech App Development Companies for 2024 | SDK.finance

The development of FinTech apps is gaining great popularity worldwide, as the widespread use of mobile devices is driving the financial sector forward to...

Innovative Product Offerings: Standing Out in a Crowded Financial Landscape

The financial world has witnessed a remarkable transformation in recent years. As technology continues to advance, and consumer preferences change, traditional banks and financial...

Balance Applies for A Special Purpose Trust

Release | Nov 3, 2023Balance, a trailblazer in digital asset custody, has officially lodged an application to incorporate a special purpose trust company with...

Mercado Libre’s Q3 profit soars on strong commerce in Mexico, fintech growth

Latin America’s leading e-commerce site, Mercado Libre, reported a surge in third-quarter profits. The company booked $359 million in net income, up 178% from...

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