Latin American Startup and Technology News

Latamlist Roundup Feb 1st – Feb 15th: Yuno launches biometric payment authentication with Mastercard

  • Hellen Villena

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

    Brazilian and Colombian fintechs led the headlines in the past two weeks, with notable developments in open finance, payment solutions, and AI-powered financial tools. Here are the partnerships, expansions, funding rounds, and other news we saw over the last two weeks.

    Launches

    1. Mexican fintech Ximple partnered with Dock and Mastercard to launch a credit card and expand its loan disbursement options, increasing its cash disbursement locations from 15K to 75K and allowing credit use at over 6M point-of-sale terminals. Read more on LatamFintech Hub.
    2. Takenos, an Argentine digital wallet for freelancers, launched a prepaid card issued with Pomelo and developed with Mastercard, allowing users to receive payments in USD, convert funds to pesos, and access multiple currency accounts. Read more on iProUP.
    3. Colombian payment orchestration platform Yuno launched Mastercard Payment Passkey in Brazil, Argentina, and Chile, allowing businesses to replace one-time passwords with biometric verification and tokenization to improve security and reduce abandoned transactions. Read more on DF SUD.
    4. Colombian SMB fintech Bold launched Bold POS, a cloud-based electronic system that automates invoice issuance, connects with the National Tax and Customs Directorate, and allows businesses to generate invoices and accept payments from any device. Read more on LatamFintech Hub.
    5. Brazilian open finance and AI fintech Pilotin launched an app that unifies financial data, allowing lenders to assess risk using alternative data and expand credit access for users without formal proof of income. Read more on LatamFintech Hub.
    6. Lulo Bank, a Colombian neobank, launched new benefits for users who receive their salaries in a Lulo account, including 1% cashback on debit card purchases, 11.5% annual interest on savings, and exclusive perks for saving in digital dollars with Lulo X. Read more on LatamFintech Hub.

    Expansions

    1. Peruvian fintech Do Payment expanded to Chile, Colombia, Mexico, Ecuador, and Panama, and is set to enter Brazil and the United States in 2025 after securing regulatory approval in the U.S. Read more on LatamFintech Hub.

    Funding rounds

    1. Brazilian remote visual assistance startup Octágora raised $250K in a pre-seed round led by B Venture Capital, with participation from DOMO and WOW Aceleradora, to expand its operations and develop AI-powered hands-free technology. Read more on Startupi.
    2. Clube do Presidente, a Brazilian online shopping platform, raised an undisclosed investment from Equity Fund Group to expand its user base and launch a new digital platform in 2025. Read more on Startupi.

    Partnerships

    1. Mexican credit fintech Creditea partnered with payment platform Conekta to integrate Creditea Pay into its platform, allowing e-commerce businesses to offer BNPL options so customers can split payments into four biweekly installments. Read more on LatamFintech Hub.
    2. Colombian paytech Minka partnered with Lyra, a payment gateway provider, to integrate Transfiya, enabling merchants to accept instant bank account payments and reduce transaction costs. Read more on LatamFintech Hub.
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