Brazil

Nubank Bags US$ 750 Million in Two Series G Extensions, Now Valued at US$30 Billion

Brazilian challenger bank Nubank announced that it has raised a total of US$ 750 million during two extensions of its Series G funding round, raising the round to US$1.15 billion. During the first extension, the challenger bank secured US$500 million

Read More

56 Fintech Billionaires Worth a Combined US$327B in 2021

There are 56 fintech billionaires around the world who combine a total net worth of US$327.7 billion, data curated by Finextra based on Forbes’ 2021 World’s Billionaires list show. These represent some of the world’s biggest and most successful fintech

Read More

Global Mapping: Open Banking Key Players in 2021

Dutch payment news and intelligence the Paypers has released an updated version of its infographic of the global open banking ecosystem in 2021, mapping key solution providers and their core offerings and solutions. The map categories open banking companies in

Read More

An Overview of South America’s Booming Neobanking Sector

South America has seen an exceptionally dynamic evolution of its neobanking landscape, with now more than 30 live neobanks and digital banks that serve over 50 million customers out of the region’s 430 million+ population (+11%), data from Dutch fintech

Read More

Top 20 Neobanks of 2020

Fintech intelligence startup WhiteSight has released its selection of 2020’s top 20 neobanks based on growth and valuation. The list features 20 independent digital banking companies from Europe as well as North and South America which made notable strides last

Read More

Digital Banking Champions Lead in UX, Functionalities and Ecosystem Building

So-called digital banking champions are delivering the best UX in account opening, transfers and buying a credit product. They are also leading their peers in products and personal finance management, as well as in expanding their digital functionalities to provide

Read More

Rapyd Expands Card Acquiring Capabilities in Europe

Rapyd, a fintech-as-a-service company, announced a major expansion of its European platform, adding end-to-end card acquiring capabilities to its payments capabilities. Rapyd now offers a full stack payment acceptance capabilities in Europe including card acceptance through Mastercard and Visa, and

Read More

New BIS Working Paper Looks at State of Central Bank Digital Currency Projects Around the World

A new working paper by the Bank for International Settlements (BIS) looks at the state of central bank digital currency (CBDC) projects around the world. According to the study, as of mid-July 2020, at least 36 central banks had published

Read More

Top 5 Global Fintech Investors: From Q2 2019 to Q2 2020 and Where They Invested

Sequoia Capital, 500 Startups, Ribbit Capital, Accel and Global Founders Capital (GFC) were the five most active fintech venture capital (VC) investors in deal count from Q2 2019 to Q2 2020, according to an analysis by CB Insights. Sequoia Capital

Read More

Credit Suisse Secures 35% of a Digital Bank in Brazil

Credit Suisse and the controlling shareholders of modalmais have signed a strategic long-term agreement that allows Credit Suisse to purchase preferred shares equivalent to up to 35% of the total capital of modalmais. Philipp Wehle, CEO International Wealth Management at

Read More