FOMO Alert: The Hottest FinTech News This Week. Plus, See You in Vegas!

Hi there, FinTech Fanatic!

Welcome to a new edition of "FOMO on FinTech News". My mission? To make sure you never experience that dreaded Fear Of Missing Out.

And speaking of FOMO, I’m heading to Las Vegas for FinTech Meetup! If you haven’t grabbed your ticket for the event yet, now’s the time. Let me know if you’ll be there!

So let's not waste any of your valuable time and dive in with 7 FinTech Industry Updates you need to read??

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TOP NEWS

1?? DEUNA and Worldpay have joined forces to make e-commerce operations easier across LATAM. With this integration, businesses can connect with customers worldwide, effortlessly integrate multiple payment methods and leverage Worldpay’s security infrastructure to protect transactions while meeting the highest industry standards.

2?? Airwallex is set to launch its ‘Shifted Perspectives’ campaign for the 2025 Formula 1 season with the McLaren Formula 1 Team and acclaimed First Nations artist, Reko Rennie. “At Airwallex, we believe in pushing boundaries and challenging the status quo — whether in business, sport, or art. This collaboration with McLaren Racing and Reko Rennie is a testament to that mindset,” said Jon Stona, Airwallex, VP, Global Marketing.

3?? Ualá seeks more banking licenses in other countries in LATAM. The founder and CEO of the Argentine bank prioritizes its business in Mexico, a market where it plans to reach 10 million users. The company has launched a new payment terminal POS Pro with the lowest commission rate in Mexico (2.99%).

4?? Revolut pressed to consider Share Sale at $???? ?????????????? valuation. Investors are pushing Revolut to consider offering another secondary share sale as new investors are scouring for ways to get a stake in the fast-growing FinTech. The company has launched a checking account in Brazilian reais, including a debit card, bill payment services, and PIX integration. But Revolut isn’t stopping there. Customers in Brazil can now send and receive Pix —faster, free, and available 24/7, says Glauber Mota.

5?? PayPal unveiled major updates and product news at Investor Day, including a partnership with Verifone, the launch of PayPal Open, and strategic initiatives aimed at driving user engagement and expand merchant services. Here’s a summary of the key announcements.

6?? Stripe announced a tender offer for employees and shareholders, valuing the payments company at $91.5 billion, the closest it has been to its peak valuation of $95 billion in 2021. The company also revealed that it generated $1.4 trillion in total payment volume in 2024.

7?? Taktile secures $54m to enable AI Adoption for decision making in financial services. The funds will be used to accelerate this momentum further as Taktile is equipping business teams with the necessary tools and controls to build transparent AI-powered risk decisioning.

DEEP DIVES

?? LatAm’s e-commerce & FinTech Giant continues to grow at a strong pace.

Here’s a breakdown of Mercado Libre's latest Earnings??

?? Nubank’s Q4 FY2024 Earnings are on Fire.

Let’s dive in ??

?? Many still see Grab as just a ridehailing and food delivery Giant. But there’s something much bigger happening behind the scenes ??

?? Latin American FinTechs in the race to become unicorns. LATAM's FinTech ecosystem is booming, with several companies nearing unicorn status, meaning those valued at over 1 billion dollars. These companies are revolutionizing the region's financial landscape by offering innovative solutions tailored to local needs.

That's all folks. Enjoy your weekend and see you next Sunday! ??

Cheers,

Marcel