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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Global fintech company Unlimit has announced a partnership with DEUNA, a unified platform for growing and simplifying commerce.
partnership, ecommerce, fintech, cross-border payments
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
Visa has announced its agreement to acquire a majority interest in Prosa in order to accelerate the adoption of secure digital payments in the region of Mexico.
acquisition, payments , online payments, mobile payments, digital payments, ecommerce
Viamericas Corporation, an international remittance provider, has entered into a partnership with Paisamex to improve remittance options for beneficiaries in Mexico.
partnership, remittance, product upgrade, money transfer, transactions
Nu Holdings, a digital financial services platform, has announced that it intends to increase Nu Mexico’s equity capitalisation by nearly USD 100 million.
investment, funding, financial services, financing , customer experience, expansion
Mexico-based fintech Ximple has raised USD 2.7 million which it plans to use to launch and expand its credit platform.
funding, financial inclusion, credit access, mobile banking, fintech
partnership, cryptocurrency, financial institutions, payments , financial platform
Western Union and Mercado Pago have announced growth in their existing relationship, giving customers in the US and Canada the ability to send money from Western Union.
partnership, remittance, online payments, money transfer
UK-based fintech unicorn Revolut has gained approval from Mexico's National Banking and Securities Commission (CNBV) to establish itself as a bank in Mexico.
banking, super app, expansion, financial services
Unlimit has partnered with Pagaloop to focus on strengthening the latter's app credit and debit card processing capabilities and ensuring high approval rates to facilitate continued expansion in the region.
spend management, SMEs, payments , credit card, instalment payments, partnership
Global payments and financial platform for businesses Airwallex has signed a definitive agreement to acquire Mexico-based payment service provider MexPago.
acquisition, payments , financial services, cross-border payments, cross-border ecommerce
Amazon has partnered with Mexico-based Kueski Pay to launch Pago en Quincenas, a payment method that allows users to defer their purchases into biweekly payments.
partnership, product launch, mobile payments, mobile money, online platform
Yuno has partnered with Openpay to make it easier for companies of all sizes to conduct online transactions and benefit from the ecommerce boom in Mexico.
payments , online payments, ecommerce, SMEs, partnership
Hospitality technology provider Shiji has announced a collaboration with FreedomPay, with the two companies aiming to extend their solutions into the Mexican market.
partnership, POS, contactless payments, online payments, travel payments
American ride-hailing company Uber has chosen to temporarily halt its fintech strategies in Mexico, despite previously securing the necessary licence to deliver financial products.
fintech, financial services, financial inclusion, digital payments, debit card
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
Mexico-based BanCoppel, part of Grupo Coppel, has announced a partnership with cloud banking platform Temenos to modernise its core banking services.
partnership, banking, digital banking, digitalisation, API, financial inclusion, financial institutions, sustainability , expansion, fintech, financial services
Ecommerce retailer and fintech firm MercadoLibre has initiated talks with relevant authorities to obtain a banking licence in Mexico.
expansion, fintech, ecommerce, banking
Mexico-based neobank albo has announced the raise of USD 40 million in a Series C investment round in order to accelerate its development process.
funding, investment, mobile banking, online banking, digital banking, financial services, financial institutions
US-based Citigroup has completed its acquisition of the Deutsche Bank AH’s Mexican bank license to set up a separate institutional bank in the region.
acquisition, banking, online banking, digital banking, mobile banking, banking license