Tul evolves into a marketplace to dignify homes in Latam
Tul, a Colombian construction supply chain startup, has announced it will become a marketplace to connect clients with…
Kavak to cease operations in Peru and Colombia in 2024
Kavak will cease operations in Peru and Colombia in January 2024. The company will continue serving existing customers in…
Luuna starts production expansion efforts
Luuna, a Mexican startup that sells mattresses, opened its first factory in Mexico to increase production from 150,000…
Colektia acquires $72M non-performing loans portfolio
Colektia, a fintech that utilizes AI for debt collection management, has acquired a non-performing loans portfolio valued at…
Arcus gains CNBV authorization, strengthening Mastercard’s fintech portfolio in Mexico
Mexican fintech Arcus, recently acquired by Mastercard, received authorization from the National Banking and Securities Commission (CNBV) to operate as…
Stori acquires Sofipo license to expand its services
Stori, a Mexican fintech specializing in credit cards, obtained approval from the National Banking and Securities Commission (CNBV)…
Yana unveils generative AI for mental health in LatAm
Yana, a Mexican startup, announced the integration of Generative Artificial Intelligence (AI) into its platform to combat the…
Clara receives approval to operate as a payment institution in Brazil
The Brazilian Central Bank recently authorized Clara to operate as a payment institution in Brazil. With this permission,…
Interbank ends its alliance with Rappi
Interbank announced to its customers the discontinuation of Rappibank credit card services, effective September 23rd. This decision marks…
Nubank reaches 85M clients in Latin America
Brazilian unicorn Nubank announced a significant milestone, reaching 85M customers in Latin America. The company became Brazil’s fourth-largest…