Welcome to the LatamList roundup, your bi-monthly summary of the Latin America startup scene.
In the first half of February, major headlines featured companies like Amazon and Nubank. Here are the product launches, partnerships, and expansions we saw in the last two weeks.
Partnerships
- Lending and payments fintech Kueski announced a partnership to offer ‘Buy Now Pay Later’ payment plans to Amazon clients in Mexico. Read more at Latamfintech Hub.
- Argentinian payment startup N1u partnered with GOcuotas to offer installment plans to its clients in the gaming space. Read more at Latamfintech Hub.
- Rivium, an investment app for the US stock market, sealed a partnership to integrate its investing offerings with Now‘s multi-product digital banking solution in Mexico. Read more on Latamfintech Hub.
- Mexican fintech Bonanza launched three virtual credit cards in collaboration with Pomelo, aiming to help individuals build a credit history without incurring debt. Read more at Latamfintech Hub.
- Tapi, an Argentinian payment technology startup, announced a partnership with payment processing solution PESPay to incorporate Cash In and Cash Out services in its suite of offerings. Read more at Latamfintech Hub.
Expansions
- Chilean car rental startup Lolocar launched in Uruguay with 400 cars in circulation, and announced plans of further expansion to Peru, Colombia, and Brazil. Read more at DFSud.
- Simplestate, an Argentinian fintech facilitating investment in the US real estate market, announced its expansion to Mexico. Read more at DFSud.
Launches
- Brazilian neobank Nubank launched a “Tap to Pay” solution for Brazilian iPhone users two days before Carnaval, allowing retailers to use their mobile phones to process card payments. Read more at Latamfintech Hub.
- Latitud, a product suite for venture-backed startups in Latin America, launched a digital solution that automates offshore regulatory and tax services under Latitud Compliance. Read more at Business Insider.
- Brazilian education fintech Educbank announced a financial protection insurance product for students in the private education system. Read more at Latamfintech Hub.
- Payments fintech RecargaPay announced the launch of a new card terminal tailored for corporate clients in Brazil, with initial fees of 3.09%. Read more at Latamfintech Hub.