Discover all the payments and fintech-related news and analysis about Mexico in The Paypers News, Reports, along with other Mexico-specific insights on the payments and fintech industry:
Discover all the payments and fintech-related news and analysis about Mexico in The Paypers News, Reports, along with other
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The Mexican central bank Banxico has announced it is still working on legal, administrative, and technological requirements for the peso’s digital version.
CBDC, digital currency, central bank, cryptocurrency, blockchain
Finance platform provider Alviere has announced its partnership with the Coppel store chain to launch a mobile wallet for digital financial services.
partnership, cross-border payments, online payments, online banking, mobile payments, ecommerce
INVEX Banco has introduced Now, a Mexico-based digital neobank which shapes a proposal that is born from the lifestyle of its users.
product launch, digital banking, neobanks, investment, expansion
Vexi, a Mexico-based neobank, has raised USD 8 million in a round led by Magma Partners, along with previous and new investors like Redwood Ventures.
digital banking, banks, funding, neobanks, investment
Mexico-based mobile banking app Tudi has chosen ThetaRay’s cloud-based AML solution to monitor its transactions in Mexico for financial crime.
AML, transaction monitoring, risk management, artificial intelligence, digital payments
Aliada Digital Card has launched, being available to all Mexican women over the age of 18 who wish to start or improve their credit history or continue exploring new forms of financing.
digitalisation, fintech, financial inclusion, financial services, product launch
Argentina-based Ualá, a mobile payments company, has announced its expansion into merchant services in Mexico.
mobile payments, mPOS, mobile money, startup
Mexico-based prepaid card issuer Up Sí Vale has selected payments solution provider BPC to drive its growth and digital transformation.
Issuer, prepaid card, digitalisation, Visa, partnership
FIRA (Trust Funds for Rural Development), a Mexico-based second-tier development bank, has partnered with PrimeRevenue, a provider of technology-enabled working capital solutions
expansion, partnership, banks, financial institutions, financial services
Belvo, a Latin America-based Open Finance API platform, has received authorisation from the National Banking and Securities Commission (CNBV) for the organisation and operation of an Institución de Fondos de Pago Electrónico (IFPE).
regulation, Open Finance, API, banks, banking license
Global money transfer platform Western Union has announced a new agreement with South American ecommerce giant MercadoLibre to allow digital remittances to Mexico.
partnership, ecommerce, ecommerce platform, remittance, money remittance, money transfer, e-money, bank account
Global payments solution provider BPC has been chosen as a strategic partner by NanoPay Mexico to implement its SmartVista anti-fraud solution to safeguard credit card transactions.
credit card, credit scoring, credit card fraud, fraud detection, partnership, online fraud
Mexico-based digital bank Klar has raised USD 70 million in equity funding at a valuation of USD 500 million.
digital banking, funding, mobile payments, BNPL, startup
Nubank, a Latin America-based financial technology firm, has launched Mexican savings accounts as it looks to scoop up market share.
product launch, debit card, credit card, digital banking, transactions
Argentina-based fintech Ualá has decided to launch personal loans in Mexico in partnership with Mexico-based ABC Capital.
partnership, lending, fintech, banks, online banking, digital banking
Nubank, a Brazil-based digital bank, has announced a USD 330 million equity capitalisation in Mexico as it pushes to expand its operations there.
digital banking, investment, expansion, financial institutions, regulation
Paystand, a US-based blockchain-enabled B2B payments company, has acquired Yaydoo, a Mexico-based accounts payable startup, to improve its business-to-business payment capabilities.
acquisition, accounts payable, startup, blockchain, B2B payments
Kontempo, a US-based startup offering BNPL, has raised a USD 30 million seed round in a mix of equity (USD 6.5 million) and debt (USD 25 million).
funding, B2B payments, BNPL, startup, merchants
UK-based fintech Unlimint has added Mexico's electronic payment platforms CoDi to its alternative payment methods portfolio to allow European and UK companies to expand into the region.
online payments, mobile payments, QR payments, QR code, ecommerce
Pierre-Claude Blaise, CEO and Co-Founder of AMVO, talks about the ecommerce market in Mexico and the payment preference of consumers.
digitalisation, ecommerce, payments , retail, expansion, credit card, debit card, payment methods, financial institutions, chargebacks