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MEXICAN FINTECH
Tether to launch 'official' stablecoin in Georgia, with government supportTether, a major stablecoin issuer, is set to launch a digital token for the Georgian lari. This move has the backing of Georgia's governmen...- OpenFX secures $94 million in round led by Accel, AtomicoLightspeed, Faction VC, M13, Northzone, and Pantera participated in the funding round of the cross-border payments infrastructure startup. ...
- Mexican fintech Kapital plans IPO within three years, CEO saysMexican fintech firm Kapital may go public within three years, according to CEO Rene Saul. He mentioned plans for a possible dual listing i...
- Fintech Kapital becomes Mexico's latest unicorn with $1.3 billion valuationKapital closed a funding round led by Tribe Capital and Pelion Ventures, giving it access to up to $100 million, it said in a statement, wi...
- Sitharaman meets Mexican minister, discusses ways to deepen economic tiesFinance Minister Nirmala Sitharaman met Mexican counterpart Rogelio Ramirez de la O to strengthen India-Mexico economic ties. Discussions i...
- Mexican fintech Stori to broaden offerings with fresh $212 million fundingThe funding round for the unicorn - a term for a startup with a valuation of more than $1 billion - comes in the form of $105 million in ca...
- Dunzo’s survival hinges on Reliance; Q&A with Instacart founder Apoorva MehtaReliance Retail, which is an investor in Dunzo, is yet to sign off on a much-needed capital infusion in the cash-strapped company. All abou...
- Mexican fintech Klar lands $100 million debt line in loan book boostKlar, which currently provides payment services, investment accounts and loans to some 2.4 million clients, is looking to expand its user b...
- Walmart takes fintech plunge into Mexico's risky marketplaceWalmart de Mexico (Walmex) in April said it had bought Trafalgar, a payment app, to compete in a market dominated by Grupo Salinas' Baz, Ox...
- Swiggy shuts gourmet grocery delivery service HandpickedSwiggy sold premium, gourmet, imported and hard-to-get grocery products through Handpicked.
- After 18-month delay Byju’s releases audited FY21 results; The Merge sparks Ether trading surgeThis marks a significant drop of around 50% from the projected revenue of about Rs 4,400 crore cited in the unaudited results of Byju’s par...
- Mexican cryptocurrency trading platform Bitso raises $250 millionBitso, with operations in Mexico, Argentina and Brazil, is developing other uses for cryptocurrencies, such as sending remittances
- Prevent abuse by dominant fintech: Bank of International SettlementsRegulatory sandbox is also another useful tool regulators can use to gauge the market readiness for new products while promoting knowledge-...
- Mysterious bond billionaire David Martinez offers rare look at wealthHe’s very active but frustratingly opaque. His hedge fund, with an office on Manhattan’s Park Avenue, doesn’t have a website.
- Wanting to be your Flipkart, Ola, banks are foraying into e-commerce territory through payment solutionsBanks are moving into e-commerce through payment services, jostling with companies like Flipkart, Amazon, Bookmyshow etc, to enable custome...
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