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Galileo Unveils Neobank Fortú to Serve the Latino Community

Galileo Unveils Neobank Fortú to Serve the Latino Community   Galileo, the API standard for card issuing and digital banking, and a subsidiary of Social Finance, Inc. (SoFi), announced on Thursday the launch of Fortú, a neobank serving the needs of the Latino community. According to Galileo,  Fortú is focused on building culturally contextual financial services to meet the unique banking needs of Latinos and Hispanics in the U.S. The neobank is built on the payment processing platform provided by Galileo. Galileo further revealed that Fortú was founded by Charles Yim, a former Amazon Web Services and Google executive, and Apolo Doca, who previously helped build Lemon Bank, an early Brazilian digital bank acquired by Banco do Brasil. Fortú has so far raised $5 million, spending the last year in stealth mode building its product. Fortú joins other industry-leading U.S. and LatAm fintech companies that use Galileo’s API-based platform. 

World Police: Washington Seeks to Imprison Foreign Businesspeople for Violating Illegal U S Sanctions

World Police: Washington Seeks to Imprison Foreign Businesspeople for Violating Illegal U.S. Sanctions In violation of international law, the US is seeking to extradite and imprison foreign businesspeople for circumventing its unilateral sanctions. Washington’s targets include Venezuelan national Alex Saab, North Korean Mun Chol Myong, and Chinese Huawei executive Meng Wanzhou. By Stansfield SMITH The United States uses economic sanctions as a weapon against states that choose a development path independent of US global domination. Sanctions can take the form of blocking a nation’s financial and trade transactions, not allowing financial institutions to process them. The US can also freeze the assets of another country.

Galileo Financial Technologies Powers Latino-Focused Fintech Fortú

Galileo Financial Technologies Powers Latino-Focused Fintech Fortú
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Brazil Cards and Payments Market to 2024 - Opportunities and Risks

Brazil Cards and Payments Market to 2024 - Opportunities and Risks
apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.

Hashdex : Nasdaq Crypto Index ETF Debuts in Top 5; Crypto Demand Surges in Latin America

Hashdex : Nasdaq Crypto Index ETF Debuts in Top 5; Crypto Demand Surges in Latin America 04/26/2021 | 02:31pm EDT Send by mail : Message : Hashdex, a leading crypto-focused asset management firm, debuts first crypto index ETF. The HNCI ETF tracks the Nasdaq Crypto Index, which Hashdex and Nasdaq co-developed to create a benchmark for the institutionally investible crypto asset class. The HNCI ETF builds on Hashdex s existing funds and the ETF s top five debut reflects the surging demand for crypto assets in Latin America and around the world. The Hashdex Nasdaq Crypto Index Fund began trading today, April 26th, 2021 on Brazil s B3 exchange under the ticker symbol HASH11. The fund debuted with R$615.250.700,00 and the initial offering was led by Genial with BTG, Itaú, and Banco do Brasil.

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