Yuno and PayPal Team Up to Simplify Digital Payments for Merchants

Weekly news up to Wednesday, 15th of January 2025.

Jan 15, 2025

Yuno and PayPal Team Up to Simplify Digital Payments for Merchants.

Yuno, the leading payment orchestration platform, has announced today a strategic collaboration with PayPal, a global leader in digital payment processing.

This collaboration significantly enhances Yuno's offering, giving merchants seamless access to PayPal’s vast active user network, which now surpasses 400 million worldwide.

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📰 ARTICLE OF THE WEEK

Key Metrics Driving Banco Inter and Nubank.

NOW, ON TO THE SUMMARY OF LAST WEEK'S NEWS

☕️ REGIONAL HIGHLIGHTS

⭐️ OKTO acquires U4C to expand Pix operations in Brazil.

⭐️ Airwallex Invests in Latin America Growth With Brazil and Mexico Entries.

⭐️ dLocal, Latin America’s answer to Stripe, wins UK license in global expansion push.

⭐️ Main Challenges in the Latam FinTech Industry in 2025.

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BRAZIL

Bank of America’s take on Latin America’s digital payments advantage. “After many decades of the status quo in payments, Latin America is going through a major transformation,” Marcelo Moussalli, managing director and Latin America product head executive at BofA, told PYMNTS. The transformation is driven by Brazil and Mexico, which account for about two-thirds of LatAm's GDP, he said.

MEXICO

Kuady launches new Affiliate program. The program provides a full suite of creative assets, such as banners, logos, and landing pages, to help affiliates promote Kuady effectively and drive sign-ups. Participants can track their progress via an easy-to-use dashboard with real-time performance analytics.

Nu México signed an agreement with the retail chain OXXO. “This agreement with OXXO allows us to promote financial inclusion in areas underserved by traditional financial institutions. It strengthens our commitment to making financial services accessible,” said the General Director of Nu Mexico.

EL SALVADOR

Crypto firm Tether and its founders finalizing move to El Salvador. Tether would relocate to El Salvador after the cryptocurrency recently obtained a license there as a digital asset service provider. The company plans to hire 100 Salvadorans over the next several years.

PERU

Kuady launches physical prepaid Mastercard in Peru. The physical Kuady card allows users to make secure in-store purchases with any merchant accepting Mastercard using their Kuady wallet balance. Online payments can continue via the virtual card, providing a flexible mix of both digital and physical payment options.