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Brazilian Fintech CloudWalk Reports $320.5 Million in Revenue and $22.3 Million in Profits in 2023 as it Prepares for U.S. Launch
Brazilian fintech pioneer and creator of the InfinitePay brand, today announced that it achieved total revenue of $320.5 million in 2023, a 41% increase year-over-year.
- Categories
- Finance, Technology
- Region
- Latin America
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Press Release: OPEC Fund Provides $150 Million to Promote Climate Action in Colombia
The program aims to foster economic opportunities based on the sustainable use of natural resources, develop circular economy models and promote the energy transition.
- Region
- Latin America
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Press Release: The United States Announces New Projects to Support Climate Adaptation and Resilience in the Caribbean
These investments are part of the President’s Emergency Plan for Adaptation and Resilience (PREPARE).
- Categories
- Environment, Investing
- Region
- Latin America
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Mexico Tells Amazon to Reveal Its Algorithms, Open up Delivery and Wall off Prime TV
Mexican regulators have ordered online retailers Amazon and Mercado Libre to reveal their algorithms and to wall off TV streaming to avoid stifling competition.
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- Technology
- Region
- Latin America
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Press Release: Bold Raises $50 Million in Series C Funding Round Led by General Atlantic and IFC
Bold was founded in 2019 to serve small and medium-sized businesses (SMBs) with a mission of fostering financial inclusion through the democratization of Colombia's digital economy.
- Categories
- Finance, Technology
- Region
- Latin America
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Barbados Approved for US $100 Million Loan from Inter-American Development Bank
The loan allows Barbados to continue modernising its policies, laws and regulations as it strives to achieve sustainable development.
- Categories
- Environment
- Region
- Latin America
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Honduras Obtains $40 Million World Bank Loan to Digitize Civil Registration and Vital Statistics, Expand ID Verification
The project aims to automate the central American nation’s civil registry, prompt an increase in birth registration and the issuance of identification credentials to children, and then extend digital ID verification services to all of the country’s citizens.
- Categories
- Technology
- Region
- Latin America
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Chilean Government Retains Majority Stake in Lithium Production in Chile
Thanks to this agreement the Chilean State, local communities, and in particular, the Antofagasta Region will benefit in a variety of ways.
- Categories
- Energy, Technology
- Region
- Latin America