Hola amig@s fintech,

As many of you know, we are thrilled to announce that This Week in Fintech and Finnosummit are joining forces to launch Mexico Fintech Week 2026 — a five-day, decentralized celebration of fintech, innovation, and entrepreneurship taking over Mexico City, February 23–27, 2026.

During 5 days, 50+ community-led events will bring together startups, investors, financial institutions, policymakers, and innovators across the city. If you want to partner with us, go ahead and complete the Partner Information Form! 

Regarding last week, a huge thank you to everyone who joined our Finnosummit side events in Mexico City, and to our supporters BGBG and Fintoc for hosting the Happy Hour and Breakfast Club. Your energy and insights made both events a success, and it’s inspiring to see this community continue to grow and connect.

Next up, the RiskCon Community Dinner CDMX on October 8, presented by Oscilar, the leading AI risk decisioning platform. Join us for an evening on risk, compliance, and the future of fintech, over great food and drinks at the marvelous Alelí Rooftop (Michelin Guide CDMX). Don’t miss it—RSVP now!

🩵 Until next weekend. Até a próxima!

• Lorena

🌐 TWIF Community

🗣️ Channels

📖  Read of the Week

According to BCG’s Global Payments Report 2025, global payments revenue reached US$1.9 trillion in 2024 but is expected to slow to 4% annual growth over the next five years due to waning deposit margin tailwinds. By contrast, LatAm is projected to lead with 7.9% annual growth in transactional-revenues from 2024-2029. Moreover, payments fintechs generated US$176 billion in revenue in 2024 with 23% annual growth; global real-time, account-to-account (A2A) volumes rose by 40%. This signals that payment-based revenue models, instant payments, AI, and the digitalization of transactional flows are key growth levers—but also that there is rising pressure to innovate, optimize costs, strengthen compliance, and adapt to evolving payment structures.

🎙️ Podcast of the Week

💸 Venture Financing

💸 Equity

🇨🇴 Paggo, the Colombian company that provides digital credit and BNPL, solutions to consumers in Colombia, raised a $3.2 million Seed round led by 6 Degrees Capital, with participation from Caricaco Ventures and others. 

🇧🇷 CAF, the Brazilian digital identity and antifraud platform, raised $9 million in a round led by L4 Venture Builder to expand its digital identity solutions across LatAm. 

🇨🇴 Addi, the Colombian company offering credit and point-of-sale BNPL products, raised a $50 million debt facility with Victory Park Capital and Neuberger Berman to expand its financing capacity and support merchant adoption. 

💰 Venture funds 

🌎 IDB Lab, the innovation arm of the Inter-American Development Bank, invested $2 million into 500 LatAm Seed Fund IV, managed by 500 LatAm, which will provide Pre-seed and Seed capital to over 40 early-stage tech startups across the region. The fund also includes strategic support in product development, talent acquisition, monetization, customer growth, and fundraising.

☯️ Exits

🤝 M&A - Fintech

🇧🇷 NG.CASH, the Brazilian company providing digital accounts and prepaid cards for Gen Z, acquired BizCapital’s credit license to expand its financial services and offer credit products directly to its growing user base of over 1 million customers. No further financial details of the transaction were disclosed.

🏦 M&A - Banks, Insurers & Incumbents

🌎 Klimber, the LatAm insurtech that provides digital life insurance distribution solutions, announced that MetLife acquired a 20% stake in the company. The deal strengthens Klimber’s position as a regional leader in insurtech while enabling MetLife to expand its digital insurance reach across LatAm. No further financial details were disclosed.

🚀 Product Launches & Partnerships

💻 Fintech

🇨🇴 Movistar Colombia became the first telco in the country to enable payments through Cobre, the open finance platform backed by Banco de la República. The solution allows customers to make real-time transactions via "digital keys," expanding interoperability across the Colombian financial system.

🇧🇴 Toyota, BYD, and Yamaha announced that they will begin accepting USDT transactions in Bolivia as a means of payment, driven by the growing use of cryptocurrencies and the decline in U.S. dollar reserves.

🇨🇴 Wompi, the Colombian payment platform, launched Click to Pay for its financial products. In partnership with Shopify, it also introduced “On-site”, enabling customers to complete payments directly within the final checkout process for online purchases.

🇨🇴 Alegra, a cloud-based administration and invoicing system, announced an alliance with Visa to facilitate business management and provide access to advanced tools for small and medium-sized enterprises (SMEs) in Colombia.

📜 Policy

🇧🇷 The Central Bank of Brazil postponed until October the release of the operational rules for Pix Parcelado, its upcoming installment payments system. The user experience manual and detailed operational procedures are now scheduled to be published in December 2025.

🇧🇷 The National Monetary Council of the Central Bank of Brazil approved new regulations making the use of Pix Automático mandatory for the authorization and cancellation of interbank debt. The measure will take effect on October 13, and institutions will have until January 1, 2026, to migrate existing contracts and debt authorizations.

🇧🇷 The Brazilian Securities and Exchange Commission (CVM) has launched a public consultation with investment firms to review the rules governing crowdfunding. Expected changes include the introduction of new issuer profiles, the inclusion of rural products and agricultural cooperatives, and the removal of the annual revenue cap.

🇲🇽 The Mexican financial regulator, CNBV, announced that by October 1, 2025, banks must enable the Single Transfer Amount (MTU) option in their app. By January 1, 2026, all customers will be required to have their MTU configured as mandatory. The CNBV revoked Came’s license to operate as a Sociedad Financiera Popular (Sofipo), initiating the liquidation process and ensuring financial coverage for its depositors.

🇨🇴 The Superintendence of Industry and Commerce of Colombia issued new regulations establishing provisions for the management of personal data by fintech companies, reinforcing compliance standards and consumer protection in the digital financial sector.

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📰 Other News 

🇧🇷 Banco Central do Brasil launched a technical training program on tokenization for its regulatory teams. The initiative aims to deepen expertise in asset tokenization, supporting the development of Brazil’s digital real (Drex) ecosystem and fostering a regulatory environment aligned with innovation in digital assets.

🇨🇴 Colombia announced the expansion of its real-time payments infrastructure, enabling instant transfers to more than 200 financial entities nationwide. The update strengthens interoperability in Colombia’s payment system and enhances financial inclusion by providing faster and more accessible digital transfers.

🇧🇷 Enter, the Brazil-based legaltech platform that leverages AI to defend large corporations in mass litigation, raised a $37.5M round led by Founders Fund, with participation from Sequoia Capital, Vy Capital, and other investors. 

📚 Deeper Reads

Unlocking Financial Health in Latin America

Mexican entrepreneurs hone business skills with education program

Powerful Personalization Begins with Clean Data. But That’s Only the Beginning

Love, lies, and algorithms: Is AI really helping us find ‘the one’?

📣 LatAm fintech enthusiasts looking for a new role, check out https://jobs.thisweekinfintech.com

Made in LatAm with 🩵by 

Elena, Digital Innovation Manager at Banco Azteca

Carlos, Senior Associate at Emant Consultants

Lorena, Head of Policy for Spanish-speaking LatAm at Tools for Humanity

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