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Latin American payments market becomes an emerging target for development

Payments Dive

Latin America has become an increasing focus of development in the emerging digital payments market, as the region transitions from a heavily cash-based system to increase automation, speed and transparency.

Marketing 382
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MercadoLibre: The ‘Amazon Of Latin America’ Spreads Its Wings

PYMNTS

Imagine if a North American company had the market share of Amazon, the payment flexibility of PayPal and the credit portfolio of Visa. In Latin America, such a company exists in the form of MercadoLibre , a triple-threat regional financial powerhouse based in Argentina. It now operates in 18 countries in Latin America.

America 248
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Carrier billing in Latin America: 2018 market report by Fortumo

Payments Dive

Fortumo's latest market report gives an overview of the mobile payments landscape in Latin America. It covers 9 of the biggest countries in the region by population where Fortumo has coverage: Brazil, Mexico, Colombia, Argentina, Peru, Chile, Ecuador, Guatemala and Bolivia.

America 150
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Nuvemshop, Latin America's Shopify, Raises $30M

PYMNTS

The four intended to start a new marketplace software product for the Latin America region. Brazilian regulators, after watching the digital markets of the world develop, decided they don't want a closed-loop market or one dominated by established big tech names.

America 215
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Latin America Entices B2B FinTech Investors

PYMNTS

It was a big week for B2B FinTech startups in Latin America. “Latin America is a highly attractive growth market for us, and the acquisition of Omni will significantly expand our capabilities in this important region,” the firm’s Founder and CEO Lex Greensill said in a statement. . BizCapital.

America 182
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Google Almost Done With Transition To SAP Ariba Network

PYMNTS

The final wave concerns the Asia Pacific region. suppliers were switched over, and in May of this year, the rest of North America, Latin America, Europe, the Middle East, and Africa made the jump, the release says. Google’s transition to SAP Ariba ‘s cloud-based services has a completion date set for Aug.

Google 362
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Delivery Hero Acquires Glovo's LATAM Business For Some $272M

PYMNTS

Niklas Östberg , CEO and co-founder of Delivery Hero, said in a prepared statement: "Latin America is a region with exceptional growth potential for online delivery. We truly believe that Delivery Hero is the best possible partner to take the business we’ve built in Latin America to the next level.

Regional 248