Latamlist Roundup Jun 1st – Jun 15th: Nubank launches utility payment feature in Colombia

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

Latin America’s fintech and tech ecosystem continues to evolve, with major players expanding services and striking key partnerships. Here’s a look at the key developments from the past two weeks.

Launches

1. DiDi, the mobility technology platform, launched DiDi Cuenta, a digital account offering an annual interest rate of 15%. Read more on El Economista.
2. Brazilian neobank Nubank introduced a utility payment feature in Colombia. Users can now use the app to pay for services such as internet, TV, water, electricity, and gas at no extra cost. Read more in Valora Analitik.
3. Argentine wallet Mercado Pago launched Point Tap, a feature that allows entrepreneurs and independent professionals to accept contactless credit and debit card payments directly from their digital accounts. Read more on Mercado Pago.

Partnerships

1. IDB Lab partnered with LUCHA to support 300,000 people facing economic and social vulnerability. The initiative is also expected to prevent 65,000 tons of greenhouse gas emissions. Read more on El Comercio.
2. Colombian talent acquisition platform Magneto partnered with LinkedIn to help Latin American companies hire through tools like Talent Insights, Job Slots, Career Pages, and LinkedIn Learning. The collaboration also includes solutions for training, such as LinkedIn Learning, people analytics with Talent Insights, and Employer Branding. Read more on La República.

Expansions

1. Chilean paytech Flow expanded to Mexico, aiming to bring a more human-centered experience to digital payments. Read more on Contxto.