Worldpay Partners With DEUNA to Streamline LATAM Merchant Payments
Marcel van Oost - LATAM FinTech News
Connecting the dots in FinTech...
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The partnership enables regional companies to activate Worldpay's gateway with a few clicks through DEUNA's orchestration platform.
Worldpay is a global leader in payment processing, handling more than 52 billion transactions annually and $1 trillion. With this integration, companies can:
Connect with customers around the world, with the ability to process payments in more than 146 countries and 120 currencies.
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NOW, ON TO THE SUMMARY OF LAST WEEK'S NEWS
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?? Tether leads $10m funding round for cross-border fintech provider MANSA.
?? XTB adds securities license in Chile.
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BRAZIL
Nubank took over Burger King’s flagship store with its signature purple—inside and out, from the storefront to the self-service kiosks. There’s even Nu coffee. As part of this exclusive partnership, the store’s interior, exterior, and self-service kiosks are fully customized with Nubank’s branding.
Pix Expands Again: Contactless, Bolepix, and Automation. The Central Bank (BC) announced that Pix proximity payments will be available to Brazilians. Users will be able to make payments simply by bringing their phones close to a compatible machine, without the need to open the bank app.
Claro receives IP license, with capital of over R$ 263 million. The telecommunications operator has received authorization from the Central Bank to operate a regulated Payment Institution. The approval allows Claro Pay to operate in the roles of electronic money issuer and Payment Transaction Initiator.
Braza Group announces launch of BBRL stablecoin on the XRP ledger to strengthen the Brazilian and South American digital economies. This digital asset combines the stability of traditional currency with the benefits of blockchain technology. Its issuance aims to provide secure and cost-effective solutions for digital transactions for individuals and businesses.
ARGENTINA
Naranja X opens bi-monetarism to its millions of customers. The FinTech enables debit card payments in dollars in Argentina, simplifying transactions for those with foreign currency income. From the app, customers can select the option to pay in dollars, and the transaction will be directly debited from the user's dollar-denominated bank account, with no additional taxes or fees.
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. Read more
COLOMBIA
Lyra FinTech expands to Central America, the US, and plans growth in Mexico and Ecuador. In 2024, the company successfully extended its presence to new regions, expanding into six Central American countries. Additionally, the firm onboarded its first clients in the US and continues to progress with its strategic expansion in Mexico.
MEXICO
Openbank launches in Mexico. The bank is now up and running across all of Mexico with a comprehensive suite of everyday banking products that includes interest-bearing accounts, debit and credit cards, and cash withdrawals at 10,000 Santander ATMs.
PERU
Do Payment prepares to enter the U.S. and Brazil. The company is following an ambitious roadmap. By 2025, the company aims to process over $700 million in transactions, marking a milestone in its growth. The next targets in its expansion plan are clear: the United States and Brazil.