Latamlist Roundup April 1st – 15th: Nubank launches private payroll loan

Welcome to the LatamList roundup, your bi-monthly summary of the Latin America startup scene.

Fintechs dominated the headlines in the first half of April, with activity from Argentinian, Brazilian, Colombian, and Mexican startups. Here are the launches and partnerships we saw over the last two weeks.

Launches

1. Nubank launched a private payroll loan offering that allows formally employed workers to access low-interest credit with automatic salary deductions. Workers can request the loan through the Brazilian Government’s e-Social platform. Read more on Exame.
2. Colombian fintech Littio launched a savings account in Euros for Colombian users. Read more on LatamFintech Hub.
3. Mexican fintech Valiu launched an interest-earning account for SMEs that provides daily returns, with no fees or fixed terms. Read more on LatamFintech Hub.
4. Brazilian fintech TerraMagna announced the launch of TM Digital, a new company offering management services for agricultural supply financing. Read more on Pequenas Empresas & Grandes Negócios.
5. Mexican retailtech Pulpos launched an OpenAI-powered feature that allows businesses to automate tasks, identify sales trends, and optimize inventory through a conversational interface.

Partnerships

1. Colombian fintech Clinng partnered with Colombian gambling company Fecoljuegos to strengthen the security of Fecoljuegos’s transactions. Read more on LatamFintech Hub.
2. Argentinian neobank Brubank partnered with Brazilian processing company Pismo to enhance their credit card offering with features like instant expense notifications, customizable due dates, virtual card issuance, and immediate credit limit increases. Read more on LatamFintech Hub.