Remittances in Latin America are starting to go fintech
Remittances to the region are estimated to have reached a new record in 2022. Technology has played a key role.
Brazilians Make Pix with Digital Payments
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 growing appeal of digital wallets
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
Will the Neobank Boom in Latin America Continue?
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
Your banker could soon look very different
The sale of Technisys for $1.1 billion shows banking is fast becoming a side gig for companies in other industries.
Neobanks are coming from where you least expect them
Nubank’s IPO shows you can use technology to create a pretty amazing bank even in a tough market
Nubank, the credit card startup that’s beating Citibank in Brazil
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 or Banco Safra. And Goldman…
E-Kroner: Denmark Considers Electronic Money
A recent Bloomberg News report indicates that Danish currency may soon become virtual. That is, no coins and no bills. The economy would rely on electronic money. Cash, to…
Peer-to-Peer Lending May Still Be Good for Borrowers
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 a loan, these online providers—that…
Revolution In Our Hands: Mobile Phones and Microfinance
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 of millions of people—many of…