Remittances to the region are estimated to have reached a new record in 2022. Technology has played a key role.
In Else newsletter #19, cash loses ground in one of its most enduring redoubts and competition for money heats up, while the unbanked still need help
The onset of the Covid-19 pandemic and an e-commerce boom have helped digital wallets position themselves as a relevant payment alternative in bank-centered Latin America
Venture capitalists will be more selective this year, after a banner 2021, but there are plenty of reasons to be bullish on the future of fintech and neobanks in the region
The sale of Technisys for $1.1 billion shows banking is fast becoming a side gig for companies in other industries.
Nubank’s IPO shows you can use technology to create a pretty amazing bank even in a tough market
In only four years, Nubank went on to become Brazil’s sixth largest credit-card issuer among financial companies. It has more cardholders than Citibank’s Brazilian unit… Read More »Nubank, the credit card startup that’s beating Citibank in Brazil
A recent Bloomberg News report indicates that Danish currency may soon become virtual. That is, no coins and no bills. The economy would rely… Read More »E-Kroner: Denmark Considers Electronic Money
Turmoil at LendingClub may scare investors but consumers should not necessarily follow. If your credit score is good and you are in a hurry for… Read More »Peer-to-Peer Lending May Still Be Good for Borrowers
For a lot of people, electricity and the Internet are still not for granted. Yet mobile phones and small solar panels are transforming the lives… Read More »Revolution In Our Hands: Mobile Phones and Microfinance