Latest news with #LAC
Finextra
2 days ago
- Business
- Finextra
Thredd and Payblr partner on cross-border fintech expansion across Latin America
Thredd, the leading next-generation global payments processor, today announced a strategic partnership with Payblr, a Puerto Rico-based, regional payments enabler and licensed BIN Sponsor. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The collaboration will provide global fintechs the regulatory foundation and issuing infrastructure required to launch and scale in Latin America and the Caribbean (LAC). By combining Thredd's modular technology stack and global processing expertise with Payblr's cross-border card issuing capabilities, the partnership eliminates the traditional complexity associated with launching in LAC markets, offering a seamless pathway for innovative financial products to go live faster. The Thredd Payblr Partnership simplifies market entry for fintechs with unified access to Latin American payments, compliance, and customer engagement tools. 'This partnership is about removing barriers for today's most innovative payment leaders,' said Kevin Fox, Chief Revenue Officer for Thredd. 'Expanding into new regions can be complex and difficult to navigate. By teaming up with Payblr, we're offering a faster, simpler way for our clients to activate programs in Latin America, without compromising on compliance, scalability, or speed.' 'Thredd shares our belief that financial innovation should move fast and know no borders,' said Fabio Garcia Passalacqua, COO & Founder of Payblr. 'Through our partnership, we're enabling high-growth companies to expand across Latin America quickly, without many of the regulatory and operational hurdles that often slow global fintechs down. This partnership lays the foundation for a new era of seamless, cross-border payments in the region.' Payblr's ability to enable U.S. dollar card programs across much of Latin America makes it an ideal partner for companies offering gig economy payouts, disbursements, or cross-border services. According to Thredd, clients are already leveraging the infrastructure enabled by this partnership to activate programs in the region. With the Thredd Payblr Partnership, fintech companies get the infrastructure and expertise they need to grow in Latin America's fast-changing paytech market.
Yahoo
3 days ago
- Business
- Yahoo
Thredd and Payblr Partner to Power Seamless Cross-Border Fintech Expansion Across Latin America
Partnership unlocks fast, compliant issuing for global innovators entering the LAC region AUSTIN, Texas, July 16, 2025--(BUSINESS WIRE)--Thredd, the leading next-generation global payments processor, today announced a strategic partnership with Payblr, a Puerto Rico-based, regional payments enabler and licensed BIN Sponsor. The collaboration will provide global fintechs the regulatory foundation and issuing infrastructure required to launch and scale in Latin America and the Caribbean (LAC). By combining Thredd's modular technology stack and global processing expertise with Payblr's cross-border card issuing capabilities, the partnership eliminates the traditional complexity associated with launching in LAC markets, offering a seamless pathway for innovative financial products to go live faster. "This partnership is about removing barriers for today's most innovative payment leaders," said Kevin Fox, Chief Revenue Officer for Thredd. "Expanding into new regions can be complex and difficult to navigate. By teaming up with Payblr, we're offering a faster, simpler way for our clients to activate programs in Latin America, without compromising on compliance, scalability, or speed." "Thredd shares our belief that financial innovation should move fast and know no borders," said Fabio Garcia Passalacqua, COO & Founder of Payblr. "Through our partnership, we're enabling high-growth companies to expand across Latin America quickly, without many of the regulatory and operational hurdles that often slow global fintechs down. This partnership lays the foundation for a new era of seamless, cross-border payments in the region." Payblr's ability to enable U.S. dollar card programs across much of Latin America makes it an ideal partner for companies offering gig economy payouts, disbursements, or cross-border services. According to Thredd, clients are already leveraging the infrastructure enabled by this partnership to activate programs in the region. About Thredd Thredd is the trusted next-generation payments processing partner for innovators looking to modernise their payments offerings worldwide. We process billions of debit, prepaid and credit transactions annually, serving over 100 fintechs, digital banks, and embedded finance providers, from consumer to corporate, based across 47 countries. Learn more at About Payblr Payblr is a Visa-Ready regional payments enabler that helps banks, credit unions, and fintechs across Latin America quickly expand their product offerings with a wide range of payment solutions. Backed by a team with deep industry expertise, Payblr designs and manages customized BIN Sponsorship programs tailored to specific business needs—whether for consumer, commercial, debit, credit, prepaid, or money movement products. Learn more at View source version on Contacts Simeon LandoChief Marketing Officerpress@ Sign in to access your portfolio
News18
4 days ago
- Business
- News18
Chinese Media Stresses 'Fresh Start' Amid Jaishankar Visit, But Flags 'Sensitive' Boundary Issue
A Chinese state-run editorial hailed EAM S Jaishankar's Beijing visit as a diplomatic breakthrough, calling for improved India-China ties while accusing the US of exploiting rifts. India and China have a great potential for improving their bilateral relations, however, the boundary remains sensitive, an editorial piece with the Chinese state-run outlet Global Times suggested on Tuesday, also accusing the United States of exploiting the gaps between the two countries. The piece comes in the backdrop of External Affairs Minister S Jaishankar's visit to China, where he met multiple leaders, and said that India and China should build on 'good progress" in normalising the bilateral ties to address border-related issues, including de-escalation. Jaishankar also said that 'it was essential to avoid restrictive trade measures and roadblocks". In the wake of the development, the Global Times stated, 'There are still many concrete issues that China and India need to address. This also means there is great potential for improving bilateral relations." However, referring to the Line of Actual Control (LAC) standoff, the piece mentioned, 'The boundary question remains the most sensitive and complex issue in their relationship." 'Meanwhile, some countries like the US have long sought to exploit gaps and drive wedges between China and India in an attempt to hinder their common development, adding another layer of disturbance to the relationship," it stated. The Global Times stressed that the improvement of bilateral relations between India and China is the right and beneficial path. 'It is not hard to see that China and India currently share a notable consensus – the continued improvement of bilateral relations is both the right path and a beneficial one," it stated. Also calling Jaishankar's visit to China in five years a 'breakthrough in high-level diplomatic engagement", the piece mentioned that the efforts to restore the normal mechanisms of communication between the two sides should be viewed positively. 'But the steady improvement of China-India relations – especially their long-term, healthy, and stable development – still requires both sides to build resilient strategic trust based on mutual respect for each other's core concerns," it added. Emphasising that China 'remains committed to the path of peaceful development, viewing its neighbours not as competitors but as partners in pursuit of common development and mutual success", the Global Times mentioned that the 'resumption of direct flights, restarting people-to-people exchanges, and boosting academic and think tank visits will help cultivate more genuine and lasting mutual trust at the societal level." 'If the two countries can further strengthen coordination in jointly addressing global challenges, they will inject greater stability into the processes of world multipolarity and South-South cooperation," the piece added. The editorial also mentioned that the relations between India and China would not improve overnight, and that mutual trust cannot be achieved through a meeting or a joint statement. 'The window for dialogue in China-India relations is now being opened; seizing the opportunity to build trust is the most important task at this moment. As two Asia's most influential countries, cooperation will continue to outweigh differences in the long run," it stated. EAM JAISHANKAR's REMARKS IN BEIJING In his opening remarks during his meeting with his Chinese counterpart Wang Yi, External Affairs Minister S Jaishankar in Beijing said the bilateral relations can develop in a 'positive trajectory" on the foundation that differences should not become disputes and nor should competition become a conflict. Also speaking at the event, Wang said India and China should find a way for mutual respect and trust, peaceful coexistence, common development and win-win cooperation. The two sides should stand on high ground, seek long-term strategies, adhere to the direction of good-neighbourliness and friendship, and realise the 'Dragon-Elephant Dance", he said. China is willing to strengthen communication and coordination with India to jointly safeguard the multilateral trading system, the stability of the global production and supply chains, Wang added. Meanwhile, the Ministry of External Affairs (MEA) in New Delhi described the talks as 'constructive and forward-looking" and said the two sides agreed to take 'additional practical steps", including travel to each other's country and direct flight connectivity, for facilitating people-to-people exchanges. Jaishankar met Wang hours after he landed in China on a two-day visit to attend a conclave of the Shanghai Cooperation Organisation (SCO). It is his first visit to the neighbouring country since bilateral ties witnessed a severe downturn following the Galwan Valley clashes in June 2020. Jaishankar also held talks with Chinese Vice President Han Zheng and conveyed to him that continued normalisation of bilateral ties can lead to mutually beneficial outcomes. The military standoff in eastern Ladakh began in May 2020, and a deadly clash at the Galwan Valley in June that year resulted in a severe strain in ties between the two neighbours. In the last nine months, India and China have been engaged in normalising their relations after ending the military face-off along the LAC in October last year. Though the two sides disengaged troops from the friction points, they have yet to de-escalate the situation by pulling back the frontline forces from the border. Each side currently has around 50,000 to 60,000 troops along the LAC in the eastern Ladakh region. top videos View all Last year, Chinese President Xi Jinping and Prime Minister Narendra Modi reached an important consensus at their meeting in Kazan, which pointed out the direction for the improvement and development of China-India relations. The Modi-Xi meeting came two days after India and China firmed up a disengagement pact for Depsang and Demchok. view comments Location : New Delhi, India, India First Published: July 15, 2025, 08:41 IST News world Chinese Media Stresses 'Fresh Start' Amid Jaishankar Visit, But Flags 'Sensitive' Boundary Issue Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
5 days ago
- Politics
- Time of India
Border, Buddhism, and Business: Jaishankar's First China Visit Since Galwan Aims Diplomatic Push
External Affairs Minister Dr. S. Jaishankar arrived in Beijing on July 14, marking his first visit to China since the deadly 2020 LAC standoff in eastern Ladakh. The visit also coincides with 75 years of India-China diplomatic ties. In his meetings with Chinese Vice President Han Zheng and Foreign Minister Wang Yi, Jaishankar stressed the importance of "continued normalisation" of bilateral relations, citing the resumption of the Kailash Mansarovar Yatra after six years as a major positive signal. Key discussion topics include rare earth cooperation, regional stability, and the sensitive question of the Dalai Lama's succession, amid growing global scrutiny. The visit follows the Modi-Xi Kazan meeting in October 2024, which sparked hopes of a thaw. But is it enough to rebuild trust post-Galwan?#india #china #jaishankar #tibet #dalailama #jaishankarinchina #indiachinarelations #lacstandoff #kailashmansarovar #dalailamasuccession #modixijingping #toi #toibharat #bharat #trending #breakingnews #indianews
Associated Press
08-07-2025
- Business
- Associated Press
Circulate Capital Closes Latin America and Caribbean (LAC) Fund at Over US$75M, One of the Region's Largest Environmental Funds; Firm's Total AUM Reaches Approximately US$265M
New Investment Partners Join LAC Fund, Including iAlumbra, Heading for Change, Sea Forward, and LATAM Impact Fund MEXICO CITY, MX / ACCESS Newswire / July 8, 2025 / Circulate Capital, a leading investment management firm advancing the circular economy in high-growth markets, announced today the final close of its fund to combat plastic pollution in Latin America and the Caribbean (LAC) at US$75.8M, bringing the firm's total AUM to approximately US$265M. The firm also welcomed new partners to the LAC fund: iAlumbra, Heading for Change, Sea Forward, and the LATAM Impact Fund. These values-aligned investors represent some of the region's most forward-thinking capital providers and bring deep expertise in sustainable growth: Their participation builds on the foundation laid by the investors who anchored the Fund's launch in May 2023, including global corporates Danone, Dow, Mondelēz International, Unilever, and Chevron Phillips Chemical, alongside mission-aligned partners IDB Lab (the innovation arm of the Inter-American Development Bank Group) and Builders Vision. This combination of corporate partnerships and impact-focused capital remains central to the fund's strategy to scale best-in-class recycling and circular economy solutions across the region. Addressing a Regional Challenge with Global Implications Latin America and the Caribbean face a pressing plastic waste crisis. The region's extensive coastline, combined with high urbanization and limited waste infrastructure, contributes to significant plastic leakage into the environment. An estimated 3.7 million metric tons of plastic waste have entered the ocean from LAC, a figure projected to rise to 4.4 million metric tons by 2050 if the trend persists. At the same time, global demand for high-quality, recycled plastics is accelerating, driven by ambitious corporate sustainability targets and regulatory pressures. Yet, the region's recycling value chain remains largely underdeveloped and underfunded, stalling environmental progress and constraining economic potential. Circulate Capital's LAC fund was created to bridge this critical gap. By mobilizing capital, the fund aims to scale high-performance recycling infrastructure, unlock local innovation, and foster the next generation of circular economy leaders. Portfolio Momentum and Regional Impact To date, the fund has made four investments across Brazil, Colombia and Mexico, with more in the pipeline. These companies are already transforming high-value recycled materials including over 100,000 tonnes of plastic waste annually, creating more than 800 direct jobs, and strengthening regional supply chains for recycled materials that meet global brands standards. Current Investments include: These investments build on Circulate Capital's proven model, honed through six years of building the largest portfolio of recycling companies in South and Southeast Asia. To date, the firm has backed 23 companies globally. 'Today's plastic problem is tomorrow's profit opportunity - if you know where to look. We're looking at Latin America,' said Rob Kaplan, Founder and CEO of Circulate Capital. 'In a shifting macroeconomic landscape, Latin America's high-growth markets are increasingly attractive for institutional and corporate investors alike.' Kaplan added: 'Our portfolio companies are tackling three challenges at once: waste reduction, job creation, and cleaner communities across Latin America. From waste to wealth, from pollution to profit - that's the circular economy opportunity we're scaling across Latin America.' About Circulate Capital Circulate Capital is a leading environmental impact investor advancing the circular economy for plastics in high-growth markets, with activities and teams in 10+ countries. Partnering with global brands and financial institutions, we transform supply chains at scale by delivering economic, social, and environmental value. Launched in 2018 by supply chain experts and leading corporations - including PepsiCo, Procter & Gamble, Dow, Danone, Chanel, Unilever, The Coca-Cola Company, Chevron Phillips Chemical, and Mondelēz International - the firm is scaling solutions across the recycling and innovative materials value chains. Founded in and focused initially on South and Southeast Asia, Circulate Capital expanded its activities to Latin America in 2023 with the support of IDB Lab, Builders Vision, Chevron Phillips Chemical, Dow, Danone, Mondelez International, Unilever, and private investors. Contact InformationCindy Stoller +1 917-331-0418 SOURCE: Circulate Capital press release
