Tag: Latin America

Latin America’s unique payments situation could be a major opportunity for investors and startups according to Mariano Belinky from Santander InnoVentures, in a research interview with FinTech Global.

Fintonic has raised €25m in a funding round seeing commitments from ING Group and PSN, among others.

Iatai Enterprises, a FinTech and InsurTech company serving Latin America and the Caribbean, has raised $5m in a funding round. The capital comes from private equity fund CASEIF III LP.

The global market for retail point-of-sale (POS) terminals is projected to shoot up to $33.4bn in the next five years as mobile payments are overtaking the sector.