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Discover all the payments and fintech-related news and analysis about Colombia in The Paypers News, Reports, along with other Colombia-specific insights on the payments and fintech industry:

Discover all the payments and fintech-related news and analysis about Colombia in The Paypers News, Reports, along with other

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Azimo, dLocal team up to allow remittances in Colombia

News | Online Payments | 11 Dec 2020

Digital money transfer service Azimo has partnered with dLocal, the cross-border payments platform for emerging markets, to allow migrants in Europe and Australia to transfer money to nearly any bank in Colombia. 

Colombia, remittances, partnership, Azimo, dLocal, banks, cross-border, money transfer, online payments

Wplay teams up with Nuvei to boost its payment methods service

News | Online Payments | 04 Dec 2020

Colombia-based online gaming operator Wplay has teamed up with Nuvei, a Canada-based PSP, to boost its payment methods offering.

Nuvei , Wplay, partnership, Colombia, LATAM, Payment Service Provider, alternative payment methods

EBANX partners Nequi and Efecty to expand reach in Colombia

News | Online Payments | 06 Oct 2020

EBANX has announced that it has expanded its payment solutions portfolio in Colombia, by integrating with digital wallet Nequi and cash-based payment Efecty.

EBANX, e-wallet, Nequi, cash-based payment, Efecty, merchants, payment methods

ADDI raises USD 15 mln in funding round

News | Payments General | 27 May 2020

Colombia-based loaning startup ADDI has received a capital injection of USD 15 million in an investment round led by Quona Capital.

fintech, ADDI, Quona Capital, loaning, startup, Brazil, Mexico

OmniBnk launches in Colombia to finance SMEs

News | Payments General | 15 May 2020

Chile-based neobank OmniBnk has entered the Colombian market to help small businesses.

OmniBnk, neobank, small businesses, SME, financing , Capital Logistic, line of credit, lenders

Minka raises USD 3 mln in an investment fund

News | Online & Mobile Banking | 15 May 2020

Colombia-based fintech Minka has raised USD 3 million in an investment round led by FinTech Collective

Minka, fintech, LATAM, Colombia, FinTech Collective, Colle Capital Partners, Collaborative Fund, MasterCard, Carvajal Tecnología y Servicios, startup, cloud-computing, blockchain

Movii, Yabx partnership to loan Procter & Gamble retailers amid COVID-19

News | Ecommerce | 01 May 2020

Movii, Colombia-based mobile wallet and challenger bank, has partnered with Yabx, Netherlands-based fintech, to loan Procter & Gamble merchants in Colombia. 

Movii, Yabx, Procter & Gamble, P&G, MSME, FMCG, COVID19, pandemic, mobile wallet, challenger bank, fintech, contactless service, machine learning, merchant onboarding, credit disbursal, digital lending

RS2 partners MOViiRED, launches direct acquiring business in Colombia

News | Payments General | 07 Feb 2020

RS2, a global payments solutions company, has partnered with the challenger bank MOViiRED to launch its new direct acquiring business in Colombia.

RS2, MOViiRED, acquiring, omnichannel payments

Colombia orders Uber to cease ride-hailing services in the country

News | Ecommerce | 23 Dec 2019

Colombian official authorities have ordered Uber to cease its ride-hailing operations in the country, after a judge ruled the company violated competition rules.

Uber, ride hailing, ecommerce, ride sharing, digital transaction, Colombia

Vesta announces partnership with CredibanCo

News | Ecommerce | 29 Oct 2019

Vesta, a provider of payment and fraud technologies, has partnered with CredibanCo, the electronic payments company in Colombia, to launch Vsafe in the Colombian market, according to Business Wire.

Vesta, partnership, CredibanCo, payments , ecommerce, fraud, risk, merchants, vSafe

Addi raises USD 200 mln

News | Payments General | 22 Dec 2021

Addi has raised a USD 200 million funding round led by Softbank and GIC to help fuel an expansion in Latin America.

fintech, funding, BNPL, expansion, financial services

Ecommerce startup Tul raises USD 181 mln

News | Ecommerce | 11 Jan 2022

Tul, a Colombia-based ecommerce platform specialising in construction materials, raised USD 181 million in an equity funding round led by 8VC.

ecommerce, startup, funding, expansion, supply chain finance

Western Union services available at SuperGIROS locations in Colombia

News | Payments General | 04 May 2022

Western Union and SuperGIROS has partnered to offer the former’s money movement capabilities in every SuperGIROS retail location across Colombia.

Western Union, money transfer, remittance, expansion, financial inclusion

Colombia reportedly takes voluntary approach to Open Banking

News | Online & Mobile Banking | 28 Apr 2021

Colombia’s government has planned to introduce Open Banking to the country on a voluntary basis and is holding a series of workshops with the private sector to advance a regulatory framework, according to Global Government Fintech.

Open Banking, regulatory sandbox

Floid launches in Colombia

News | Online & Mobile Banking | 13 May 2021

Open Banking fintech Floid has launched in Colombia to include and bring people closer to the financial system, according to lanotaeconimica.com.

Open Banking, digitalisation, fintech

Neobank IRIS launches in Colombia

News | Online & Mobile Banking | 11 Jun 2021

Neobank IRIS has publicly launched in Colombia, according to Finance Colombia.

digital banking, product launch

Central Bank of Colombia to launch blockchain bond

News | Cryptocurrencies | 27 Jul 2021

The Central Bank of Colombia (Banco de la República), IDB Group, and Banco Davivienda have launched the pilot of Colombia’s first blockchain bond.

central bank, partnership, cryptocurrency, blockchain

RappiPay cleared to offer digital banking services

News | Online & Mobile Banking | 20 Jun 2022

Rappi, the SoftBank-backed Colombian delivery app, has received clearance to offer digital banking services following approval from the Andean country's financial regulator, according to Reuters.

Rappi, digital banking, regulation, banking license

Colombia's financial regulator launches fintech sandbox

News | Online & Mobile Banking | 30 Aug 2021

Superfinanciera has enabled the controlled test space to promote technological innovation in the financial system, according to the official press release.

regulatory sandbox, fintech

TerraPay partners with MOVii for seamless cross-border payments

News | Mobile Payments | 21 Sep 2021

Netherland-based TerraPay has partnered with mobile payments platform, MOVii, to transform the way Colombian residents and diaspora send and receive money digitally.

cross-border payments, mobile payments, partnership, instant payments