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Tag: nubank

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...

Banking (R)evolution: A New Wave of Digital Banking in the Caribbean

The Caribbean region boasts a population of approximately 45 million people. For context, that is significantly larger than Canada’s 38 million and just shy...

Neobank Albo taps $40M in series-C round to expand SME products

In a climate where capital is in short supply, fintech companies in Latin America and Mexico persist in gaining recognition from investors. Notably, the...

Secondary Investor Industry Ventures Raises $1.7B+ For Two New Funds

Technology investor Industry Ventures announced that it has closed on more than $1.45 billion for its latest secondary fund, which will focus...

Fintechs make inroads in Mexico’s digital economy

Little credit card penetration and a very young population pose two critical drivers for long-term growth in Mexico’s digital economy, according to fintech executives...

Sony Unveils Plans To Develop Blockchain

Sony Network Communications and Startale Labs To Build Infrastructure Supporting Sony’s Web3 AmbitionsSony Network Communications, a subsidiary of the $106B multinational conglomerate, is teaming...

LatAm neobanks defy challenges, report growing Q2 profits

Latin American publicly traded neobanks reported strong results in the second quarter, a sign that the buoyant fintech sector continues to grow even as...

Buffett-backed fintech Nubank to launch personal loans in Mexico

Over the past year, Nubank has undergone a remarkable expansion in Mexico, growing beyond credit cards to offer a broader suite of financial services,...

Nubank, a fintech supported by Buffett, announces upcoming launch of personal loans in Mexico

Nubank, the Brazilian fintech company backed by renowned investor Warren Buffett, has recently announced its plans to launch personal loans in Mexico. This move...

Nubank books record $262M net income on fast-growing user base

Warren Buffett-backed Nubank reported a 44% increase in adjusted net income in the second quarter, up to $262.7 million, as the digital bank continues...

Nubank Achieves Remarkable $262M Net Income with Rapidly Expanding User Base

Nubank, the Brazilian fintech startup, has recently achieved a remarkable net income of $262 million, showcasing its rapid growth and expanding user base. This...

20VC: Lessons from Investing $7.5BN at Softbank & Why Dumb Money has Gone, Why “LATAM is Under Construction” and the Next 10 Years Will...

Posted on 31st July 2023 by HarryMarcelo Claure is the Founder & CEO of Claure Group, a multi-billion-dollar global investment firm. He is the...

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