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RedGirasol, a CNBV-regulated Mexican fintech, has partnered with Credit Saison Mexico in a landmark impact investment deal. The alliance begins with a 100 million peso investment...
Latin America’s fintech sector grew 340% from 2017 to 2023, driven by financial inclusion efforts. Brazil leads with 24% of startups, followed by Mexico, Colombia, Argentina,...
Fintech companies in Mexico are applying for banking licenses due to sector maturity and outdated regulations. Nine requests were filed between 2023 and October 2024, with...
With Cofece’s dissolution and a new competition authority replacing it, the fintech sector reforms from October 2024 now depend on forthcoming secondary legislation. Cofece, key since...
LAKPA’s agreement with JP Morgan Asset Management provides Mexican investors access to expertly curated investment portfolios through local brokerage partnerships. The fintech aims to empower independent...
The Mexican fintech industry has seen growth in female representation, though women remain a minority, reflecting global trends. Despite progress, challenges persist, including gender gaps in...
Crowdfunding in Mexico faced challenges in early 2024, with non-performing portfolios rising to 30% for some debt-focused institutions. Despite a 17.6% increase in debt financing, the...
The integration of fintech credit solutions in Mexico's retail sector enhances customer experience, optimizes operations, and expands financial services, driving sector growth. Retail is projected to...
Fintech companies in Mexico, seeking to expand their offerings, are eyeing banking licenses until the Fintech Law is updated. Sebastian de Lara of Fintech México anticipates...
Since its creation to date, the CNVB has authorized nearly 72 fintech startups. However, more than 30 licenses have been rejected, according to the latest data...