IDB Invest and IFC team up to launch the Amazon Finance Network
The global network aims to boost the economic development of the Amazon region.
Ecuador
Chilean digital bank Tenpo partners Dock for new credit card offering
The offering positions Tenpo as a competitor to traditional financial lenders in the country.
Ecuador’s first digital bank goes live with Temenos core
Diners Club Ecuador has gone live on Temenos’ cloud-native banking platform with AWS.
LatAm paytech Kushki acquires Mexico’s Billpocket
Kushki says Billpocket will help it grow its paytech business threefold in Mexico.
Daxsen Group to launch new digital bank in Ecuador
Daxsen Bank intends to reduce operational and transactional costs to “revolutionise” the country’s banking sector.
LatAm paytech Kushki valued at over $1bn following Series B extension
Kushki says the funding will be used to accelerate development of its payments infrastructure.
Banco Pichincha in trade finance tech overhaul with Surecomp
Equador’s largest bank will deploy Surecomp’s Trade Finance-as-a-Service (TFaaS) solution.
Paysafe signs deal to acquire alternative payments platform PagoEfectivo
The deal is expected to close by the end of August.
SoftBank to invest further $1bn in LatAm fintech, ecommerce and health care in 2020
LatAm has seen 17 companies and two VCs secure funding from the Japanese conglomerate.
LatAm Evertec acquires commercial payments enabler PlacetoPay
The acquisition is a gateway for Evertec to tap Colombia and Ecuador.
Banco Bolivariano gets Diebold Nixdorf’s mobile banking tech
Ecuadorian bank upgrades with the help of Kony.
