News of fintech

Argentine fintech Ualá buys Mexican bank ABC Capital

05-11-2021 02:07 Argentine financial services startup Ualá has reached an agreement to buy Mexican bank ABC Capital SA, as part of its bid to keep growing abroad.

BLOOMBERG

Fintech firms get more time to claim tax exemption

30-09-2021 14:24 AFIP to give fintech firms more time to register and obtain a tax benefit after a flood of applications.

BLOOMBERG

Cuba lays groundwork to legalise cryptocurrency transactions

30-08-2021 10:43 Communist government is trying to legalise and regulate the growing use of cryptocurrencies on the island as citizens ramp up transactions to evade state controls.

ECONOMY

The secrets of ITBA, the cradle of Argentina’s unicorns

27-08-2021 21:17 Luis Paolini directs Business Management at the Instituto Tecnológico de Buenos Aires (ITBA), teaching a select group of around 30 students with a priority on critical mentality.

by Lorena Rodríguez

Bloomberg

Argentina’s Ualá valued at US$2.45 billion after financing round

13-08-2021 12:16 Pierpaolo Barbier's Ualá valued at US$2.45 billion in a financing round led by Japanese conglomerate SoftBank Group Corp and Chinese Internet giant Tencent Holdings.

FINTECH

Argentina’s Brubank plans push into Colombia, Peru in 2022

12-08-2021 15:12 Argentine digital bank is looking to expand to Colombia and Peru in 2022 after raising more financing at the end of this year.

BLOOMBERG

Argentina’s Ualá to buy billionaire Eurnekian’s digital bank

10-04-2021 08:40 Argentine fintech Ualá reached an agreement to buy local billionaire Eduardo Eurnekian’s digital bank Wilobank, according to people with direct knowledge of the matter.

BLOOMBERG

Billionaire-backed Argentine fintech Ualá launches in Mexico

29-09-2020 15:30 Ualá, the mobile payments startup backed by heavyweight billionaire investors George Soros and Steve Cohen, expands beyond Argentina into Mexico.

Bloomberg

BlackRock, Pimco fly to Argentina for private talk on debt

04-03-2020 16:58 Some of Argentina’s largest creditors flew to Buenos Aires for talks with Alberto Fernández’s government this week.

FINANCIAL MARKETS

SoftBank plans to invest US$1 billion from Latin America fund

14-02-2020 17:47 Major Japanese technology investor SoftBank Group will continue to invest in Latin America this year, focusing on industries including e-commerce, health care and fintech.