
Tag "Colombia"
Payments Group PayU Finalises Acquisition of Colombia’s Ding to Expand to LATAM
Netherlands’ PayU has received the endorsement of Colombian regulatory authorities to acquire local electronic payment and deposit specialist Tecnipagos, better known as Ding. Based in Bogota, Ding allows merchants to make electronic deposits like they would with a savings account,
Read MoreColombia: Underdeveloped Wealthtech, Banking Tech Sectors Are an Opportunity for Swiss Fintechs
In Colombia, underdeveloped fintech segments including investment management/wealthtech and banking infrastructure represent a market opportunity for Swiss fintech companies, which have over the years build up expertise and competencies in both areas, a new report by Swiss governmental agency Switzerland
Read MoreMomentum Continues in Colombia’s Fintech Ecosystem
Colombia’s fintech sector is growing at a fast pace with now more than 320 companies operating in various segments ranging from online lending and digital payments, to business finance and wealthtech. This makes Colombia the third largest fintech hub in
Read MoreOpen Banking Becomes a Reality in Latin America
The open banking movement has reached Latin America (LatAm) on the back of a booming fintech sector. The growth of fintech in LatAm started later than in other regions but quickly picked up steam. From 2017 to 2019, fintech investment
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