Tag: Mexico

KYC regulations serve as a critical safeguard in Mexico, a country identified by the U.S. Department of State as a major conduit for laundering money derived from drug trafficking, corruption, and other illegal activities.

The cybersecurity start-up Hackmetrix, which originates from Chile, has recently confirmed the conclusion of a bridge funding round.

These 33 FinTech funding rounds from last week highlight the rise of Scandi challenger banks, the importance of cybersecurity and how competition in the buy now, pay later space is heating up.

Seven big Mexican banks face a huge risk of being used for money laundering, according to new research from the Financial Intelligence Unit.

Mexico-based digital identity platform Tu Identidad has closed its $600,000 funding round to support addition of new features.

Mastercard has formed a partnership with payment solutions and card issuing company Edenred to launch a test pilot of biometric cards in Mexico.

BioCatch, a provider of behavioural biometrics, has expanded its presence in Latin America by partnering with seven tier-one banks.

Mexican bitcoin exchange Bitso has raised $2.5m in funding to expand around Latin America. The investment comes in part from Mexican forging exchange Monex Group.

Kubo.financiero, a Mexican peer-to-peer lending platform, has raised $7.5m in its Series A round of funding.