Digital remittances poised to transform Latin America's financial landscape 💸🌎; Binance executive flees Nigeria amidst tax evasion charges and regulatory crackdown 😳🇳🇬

FinTech is Eating the World, 25 March

Hey Everyone,

Good morning! We’re starting a new FinTech week on Tuesday but it’s more than worth the wait 🫡 Today we’re going to look at remittances that are poised to transform LatAm’s financial landscape (analyzing & breaking down the latest report + bonus deep dives into Mastercard & LatAm’s FinTech gems Nubank & dLocal), and Binance whose executive just flew Nigeria amidst tax evasion charges and regulatory crackdown (uncovering all the mess that’s happening there & why it matters). Plus, bonus dives into Bolt/Checkout.com deal, Stripe, and more! So let’s just jump straight into the fascinating stuff 🌶

Digital remittances poised to transform Latin America's financial landscape 💸🌎

The news 🗞️ If you’re carefully following the FinTech space, you’d know that in recent years, digital remittances have emerged as a game-changer in Latin America, offering a lifeline to millions of households and paving the way for greater financial inclusion.

But even if you aren’t - don’t worry as a new report by Mastercard MA 0.00%↑ and Payments and Commerce Market Intelligence (PCMI) just came out. It’s a brilliant resource that sheds light on the current state and future potential of digital remittances in the region.

Let’s take a closer look at this, uncover all that matters, and see what’s next.