Digital banks and neobanks are the new fintech trend in the Latin American market. Through their online and mobile services, they leverage e-commerce in the LATAM markets and help to bring unbanked consumers into the formal economy.
For four days in November, Mexico experiences one of the most popular shopping events of the year: El Buen Fin. The phenomenon is scooping revenues from other special dates and is also spreading to Mexico’s e-commerce.
Smartphones have given Brazilians the freedom to play anywhere and anytime. Therefore, this option is triggering a demand for casual games and a shift in the gamers’ demographics. In Brazil, revenues keep increasing, unveiling the potential of casual games.
Like many Latin American countries, Uruguayan e-commerce has traditionally been dominated by cash-based transactions. However, a rise in the use of cards, often facilitated by installments, is changing the face of Uruguayan online purchases.