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Mexico
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Payments
Revolut Pursues Banking License in Colombia Following Mexico Approval
2024-10-08T18:50:55.904+02:00
The company plans to invest about $35.6 million and hire 30–50 employees in Colombia.
The firm expects to bring its services online in Colombia within 18 months.
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FinTech
Revolut Prepares for 2025 Mexico Launch after Obtaining Banking License
2024-09-26T17:18:23.127+02:00
According to the CEO, over 100,000 people are on the waiting list to become customers.
The company plans to offer a no-limit bank account and free international transfers at launch.
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FinTech
Revolut Gains Banking Licence in Mexico: Eyes the Cross-Border Remittance Market
2024-04-10T08:34:25.290+02:00
It is the second banking licence obtained by the fintech.
The number of users on the platform has crossed 40 million globally.
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Arnab Shome
Payments
Nubank on Track to Achieve $1 Billion Annual Profits, CEO Says
2024-02-06T11:25:53.430+02:00
Expansion in Mexico is critical to Nubank's strategy. Next, it is eying the United States.
Nubank targets becoming the top financial service in Latin America.
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Damian Chmiel
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Payments
Transforming Transactions: Visa's Strategic Move in Mexico's Digital Payments Landscape
2023-12-19T20:18:18.523+02:00
Visa's majority stake in Prosa and the future of finance.
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Pedro Ferreira
Analysis
Intelligence Report: Betting on Brazil and Mexico. Is It Worth It?
2023-12-19T19:45:33.028+02:00
Brazil and Mexico Are the Largest Economies of LATAM
Both Countries Are the Most Populous
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Sylwester Majewski
FinTech
Fintech Stori Joins Mexico’s Unicorn Club after $150 Million Raise
2022-07-15T22:56:59.792+02:00
Stori has hit a valuation of $1.2 billion.
The fintech has built a base of over 1.4 million customers.
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Solomon Oladipupo
Payments
How to Find the Best Latin America Market Payments Provider
2022-06-22T12:34:25.957+02:00
LATAM’s ecommerce market is growing. Here’s what you need to know.
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CryptoCurrency
Coinbase Allows Mexican Users to Cash Out Crypto to Fiat Money ‘Pesos’
2022-02-16T09:32:28.534+02:00
The new trading program allows users to convert crypto into Mexican pesos.
Besides Mexico, Coinbase plans to roll out the service in other countries.
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Nicholas Otieno
CryptoCurrency
Mexico Prepares to Launch Its Own CBDC by 2024
2021-12-30T21:05:33.545+02:00
Mexico announces plans to launch CBCD by 2024.
The country wants to ensure that it is not left behind CBDC adoption.
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Nicholas Otieno
News
Invest in Bitcoin, Says Mexican Billionaire
2021-12-27T14:25:46.151+02:00
Ricardo Salinas Pliego criticized fiat money.
Also, BTC is currently trading above $50,000.
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Bilal Jafar
News
Mexican Fintech Stori Secures $200 Million in Financing
2021-11-12T19:33:56.000+02:00
The latest investment round was one of the largest in the history of Latin America.
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Bilal Jafar
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Regulation
Mexico Reminds Domestic and Overseas Crypto Companies to Report Operations
2021-08-21T00:54:32.000+02:00
Crypto firms and exchanges should report transactions worth over $87,000 before September 17.
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Felipe Erazo
Retail FX
Monex and 360TGTX Partner to Launch FX Credit Hub in Mexico
2021-07-01T08:26:39.000+02:00
This will help local FX market participants to access global liquidity.
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Arnab Shome
News
Mexico Central Bank Warns Lenders against Offering Crypto Services
2021-06-29T08:34:05.000+02:00
Banco Azteca’s billionaire owner recently said that the bank is working to accept Bitcoin.
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Arnab Shome
News
Bitcoin Is the Future Because Fiat Money Is Fraud, Says Mexican Billionaire
2021-06-28T06:17:17.000+02:00
Ricardo Salinas Pliego has a net worth of more than $15 billion.
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Institutional FX
Masari Partners with Edgewater Markets to Launch FX White Label Platform
2021-03-22T10:18:34.000+02:00
The platform features include connectivity, aggregation, distribution and order management.
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Payments
Unlimint Expands Offerings in Mexico with Acquiring Services
2020-12-03T08:43:50.000+02:00
This addition will enable merchants to take installment payments from buyers.
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Payments
Fintech Firm Rapyd Launches Local Payment Solution in Mexico
2020-07-10T10:28:13.000+02:00
The solution has been launched in partnership with several major Mexican payment providers.
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Celeste Skinner
News
Rappi Taps Arcus for Latin American Payments App
2020-04-09T08:33:44.000+02:00
The app is initially available only in Mexico.
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News
Santander to Facilitate Ripple-Based Services in Mexico
2020-03-30T15:33:25.000+02:00
Mexico will be the seventh country for the bank to introduce blockchain-based services.
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Arnab Shome
News
Intermex Cautious to Use Ripple’s Solution for 'Core' Markets
2020-03-23T13:40:27.000+02:00
The company will initiate blockchain trials later this year.
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Exchanges
Trading Technologies Partners with Mexican Derivatives Exchange
2019-10-30T16:47:16.000+02:00
The company recently announced a similar deal with the Moscow Exchange.
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Brokers
MultiBank Opens LATAM Headquarters in Mexico
2019-08-27T14:12:27.000+02:00
The retail broker - which is based in Hong Kong - now has offices in 20 cities.
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David Kimberley
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News
Amero-Isatek to Open a Physical Crypto Exchange in Mexico
2019-06-04T10:42:01.000+02:00
The company will also introduce its own digital currency.
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Arnab Shome
See more
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