Financial services in Latin America are shifting into mobile, multi-rail ecosystems where platforms own the customer. As real-time payments and wallets drive constant engagement, banks are forced to embed or fade into the background.

Our data shows why this move makes sense.

The banking industry should not underestimate it.

The mega-neobank steps closer to an OCC charter.

In 2026, a new financial ecosystem will form around five trends—stablecoins, agentic AI, consolidation, financial media networks, and AI search—blurring boundaries between banking, technology, and commerce.

UK-based neobank Revolut has achieved two new steps in its global growth plan: acquiring a Cyprus crypto license, which allows it to offer crypto services across Europe, and getting approval for its Mexican banking license. It ultimately intends to acquire a licensed bank in the US. Neobank “super apps” offer huge suites of financial products and services, including global transfers. If they reach the right segments, they could pull more customers away from smaller FIs—particularly Gen Zers (Revolut’s focus) and Latin American consumers (Nubank’s core market).

Brazil-based Nubank applied to the OCC for a national bank charter to expand into a country with an adult population of over 250 million and a substantial Latino demographic, particularly in the Southwest.Acquiring a national bank charter doesn’t mean opening a bank for the sake of deposits and lending—payment services without a bank partner may be the goal, at least for now. That would connect Latin Americans with counterparts in the US, competing with remittance services. But a splashy entrance into the US would mean a fight against megabanks for higher-income customers and behemoths like Chime for customers underserved by traditional financial institutions.

The Latin American consumer banking market is vast, yet over 40% of consumers are currently underbanked. Foreign banks looking to enter the market can tap this audience, but they should learn from and partner with local fintechs to do so.

Some are disproving the commonly held belief that they can’t reach profitability.

As Latin America’s digital revolution marches on, advertisers and retailers must keep pace with how and where consumers are spending their time—and money—if they wish to maintain a competitive edge in today’s rapidly evolving business environment.

Bank of America leads US banks in Instagram followers: Social media’s influence on Gen Z’s financial behavior underscores its importance in marketing campaigns.

Embedded channels will make up a large chunk of life insurance transactions within the next five years. Insurers that form the right partnerships today can reach coveted younger demographics and grow their customer bases.

We comb through Nubank’s Q3 earnings and summarize what they mean for neobanks and Latin American fintech.

Goldman Sachs lent $233 million to help it grow its financial services presence in the region.

It’s buying a banking license and using its funding to build the tech behind its operations, laying the foundation for a super app.

The neobank reportedly plans to buy Latin American fintechs at a discount due to the market downturn.

Despite the record-setting value and amount of venture capital deals for fintechs last year, momentum stalled during Q4. In Q1, investors appear more selective. 

he UK-based neobank’s remittances feature isn’t unique but could still help it build name recognition in Mexico ahead of a direct launch.