Latin America is proving to a significant greenfield opportunity for digital payments. In the Digitizing Payments In Latin America Playbook, a PYMNTS and Kushki collaboration, double-digit growth rates are in place throughout the region, forecast to last through the next several years. There are an estimated 267 million online consumers in the region, being served […]
Latin America - Bitcoin News Related To Latin America
Latin America
Clara Becomes Latin America’s Fastest Unicorn
The Mexico City-based spend management platform Clara announced its launch in Brazil Monday (Dec. 6), an occasion marked by $70 million in new funding and a $1 billion valuation. As the company noted in its press release, that valuation comes just eight months after Clara’s launch, making it the fastest startup to reach unicorn status […]
Blockchain.com Acquires Latin American Crypto Investment Platform Sesocio
On November 30, the crypto firm Blockchain.com announced it acquired the Argentina-based investment platform Sesocio. According to the firm, the acquisition will give the company’s global workforce an aggregate headcount of 400 Blockchain.com employees worldwide. Blockchain.com’s Global Headcount Grows to 400 After Acquiring the Crypto Investment Platform Sesocio At the end of March, Blockchain.com raised […]
Mobile Wallets Catching on Among Latin American Consumers
Latin American consumers are steadily gaining access to digital financial services, but many still are flocking to alternative payment tools such as mobile wallets to make online purchases. According to a recent study, nearly 60% of the region’s online purchases were made via mobile device this year, up from 55% of transactions last year. According […]
Blockchain.com acquires SeSocio to cement presence in Latin America
100 SeSocio’s employees will join Blockchain.com, immediately bringing its global headcount to 400 people.
Crypto.com to Sponsor Latin America’s Leading Soccer Competition
The company will serve as an official partner of the CONMEBOL Libertadores Cup starting in 2023. It plans to develop competition-related NFTs.
Latin American E-Commerce Giant Mercado Libre to Enable Crypto Investments in Brazil
Mercado Libre users will be able to access crypto buying, selling and custodial services starting this week.
LABitConf Day Two Was Bitcoin’s Time To Shine
Day two of the LABitConf happening in El Salvador held incredible discussions from industry leaders.
Latin America's Largest Company To Enable Bitcoin Investments Via Payments App
Brazil customers will soon be able to buy, sell, and hold bitcoin via MercadoPago, MercadoLibre’s payments app.
Deep Dive: How Payment Providers Can Make the Most of the Latin American Cross-Border Payments Opportunities
eCommerce has made important gains in Latin America during the pandemic, with one report projecting that eCommerce sales in this region will exceed $270 billion by the end of the year. Another study predicted that the number of digital shoppers will rise to 77 million in Mexico alone by 2025, up from 50 million this […]
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