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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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Flink to set up debut date in Colombia, its second LATAM market

News | Online Payments | 04 Apr 2022

Mexico-based investment platform Flink has scheduled its anticipated debut on its second LATAM market, Colombia, for June 2022.

expansion, crowdfunding, funding, investment, trade finance, mobile payments, trading platform, online platform, fintech

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

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

Gemini partners with Bancolombia

News | Cryptocurrencies | 08 Dec 2021

US-based crypto exchange Gemini has partnered with Bancolombia as it plans to expand into Latin America.

partnership, banks, cryptocurrency, cryptocurrency exchange

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

Thunes launches instant cross-border payments in Columbia with MOVii

News | Mobile Payments | 27 May 2022

Singapore-based fintech Thunes has partnered with MOVii to deliver instant cross-border payments to Colombia through the latter’s mobile wallets.

cross-border payments, money transfer, remittance, instant payments, partnership, digital wallet

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

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

Powwi integrates BPC's digital banking services in Colombia

News | Payments General | 23 May 2022

Colombia-based payments company Powwi has partnered with digital payments provider BPC to implement the latter’s SmartVista suite.

financial inclusion, partnership, BPC Banking Technologies, growth markets, digital payments, digital wallet, digital banking

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

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

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

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

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

Ualá launches in Colombia

News | Online & Mobile Banking | 28 Jan 2022

Mobile payments startup Ualá has kicked off operations in Colombia, its third market in Latin America after Argentina and Mexico. 

fintech, expansion, mobile banking, mobile payments, regulation

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

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

Galileo expands into Colombia

News | Payments General | 22 Mar 2022

Galileo Financial Technologies, a subsidiary of SoFi Technologies, has recently expanded into Colombia. 

expansion, remittances, cross-border 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

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