Colombian Banks Post 44% Higher Profit as DaviPlata Becomes a Neobank
Colombian banks profit soared 43.8% to COP 6.9 trillion by May 2025 as Davivienda rebounded 208.3% and DaviPlata transformed into...
July 18, 2026Topic
Fintech
Mercado Libre Posts Record Quarter as Argentina’s Digital Economy Rebounds
Mercado Libre net profit hits $494M in Q1 2025, up 44% as Argentina GMV surges 126%. Revenue reached $5.9B, extending...
July 14, 2026
Barbados Tells Banks to Fix the Spending Limits on BiMPay, Its Payment App
Barbados' central bank orders banks to match BiMPay limits with existing customer caps after the app processed $1.3B in its...
July 14, 2026
Spend Crypto Without Selling It. Argentina’s Taxman Is Now Watching
The Nexo crypto card Argentina lets holders spend or borrow against digital assets, landing as the taxman gets monthly reports...
July 10, 2026
Offering Pix Now Costs Brazil’s Small Firms an Extra $1m in Capital
Offering Pix adds R$5m to Brazil minimum capital rules, and 679 of 1,751 firms could fall short. See who is...
July 10, 2026
Kenya Opens Its Capital Markets to a New Wave of Funds
Kenya capital markets regulator CMA licensed 13 firms and schemes and 26 sub-funds, adding a Shariah-compliant REIT manager and payroll-based...
July 9, 2026
Flutterwave Wins Circle Backing to Push Stablecoins in Africa
Flutterwave stablecoin payments get a boost as Circle Ventures invests, embedding USDC settlement so merchants convert naira or shillings to...
July 8, 2026
African Tech Funding Cools as Second-Quarter Deals Drop
African tech funding fell 40% in the second quarter of 2026 to about $260 million, a cooling that has founders...
July 2, 2026
BTG Makes Its First Growth Bet Outside Brazil, on a Colombian Fintech
Brazil's biggest investment bank has led an eighty-five-million-dollar round in Colombian fintech Addi, its first growth-equity deal beyond home.
July 1, 2026