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Facebook’s WhatsApp Brings Digital Payment to Users in Brazil
Facebook Inc’s WhatsApp messaging service rolled out a system across Brazil on Monday that will allow users to send money to individuals or local businesses within a chat, attaching payments as they would a photo or video.
- Categories
- Coronavirus, Finance, Technology
- Region
- Latin America
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Mexico Cites Virus in Slapping Down Renewable Energy
Industry associations said it will affect 28 solar and wind projects that were ready to go online, and 16 more under construction, with a total of dollar 6.4 billion in investments, much of it from foreign firms
- Categories
- Coronavirus, Energy
- Region
- Latin America
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Peru’s Coronavirus Response Was ‘Right on Time’ – so Why Isn’t It Working?
Peru was one of the first Latin America countries to go into lockdown – but the jump in new cases is undeniable, and experts say it’s due to people’s behaviour.
- Categories
- Coronavirus
- Region
- Latin America
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Viewpoint: How Emerging Fintech Can Help Latin America Deal With the Challenges of COVID-19
Currently, there are 703 fintech startups operating in Latin America, with more than 50 percent being launched in the last six years. Still, more can be done to expand this burgeoning market, with endless socioeconomic benefits.
- Categories
- Coronavirus, Finance, Technology
- Region
- Latin America
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Estonia-based Fintech AskRobin, which Aims to Serves Underbanked Latin Americans, Secures $1.7 Million in Capital
AskRobin, a fintech firm that manages a financial services marketplace for underbanked Latin American clients, has secured $1.7 million in capital.
- Categories
- Finance
- Region
- Latin America
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How The Pandemic Is Impacting Coffee Supply Chains In Central And South America
In Central American countries where the harvest has all but wrapped up, the challenges are being felt post-harvest. In South America, where the coffee harvest is just beginning, governments have made coffee part of the ‘essential’ economy and farm owners are still able to access their fields.
- Region
- Latin America
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Remittances to Mexico Surge to Record High in March
Mexico received $4.02 billion in remittances from abroad in March, a 36% increase from the $2.96 billion in March 2019, the Bank of Mexico figures showed.
- Categories
- Finance
- Region
- Latin America
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Brazil Sees Surge in Uptake of Government Services Online
Covid-19 outbreak prompts citizens to rush to the platform, which has been expanded to support service provision during the crisis.
- Categories
- Coronavirus, Technology
- Region
- Latin America
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