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Openbank Cleared for Operations: The Week in Finance
By Mariana Allende - Thu, 03/14/2024 - 10:00
Santander’s digital branch Openbank has been approved as a financial entity in Mexico. This is the #WeekinFinance
https://mexicobusiness.news/tag/santander
More Finance & Fintech
Mexico Business Forum to Gather Top Leaders: The Week in Finance
By Mariana Allende - Thu, 02/29/2024 - 10:15
MBF is set to host leaders of Mexico’s top industries. Bitcoin hit a two-year record. Mexican banks hoard 70% of the sector’s earnings.

Major Banks Capture 70.6% of Sector Earnings in 2023: CNBV
By Mariana Allende - Mon, 02/26/2024 - 15:36
BBVA, Santander, Banorte, Citibanamex, and Scotiabank earned more than 70% of the sectors earning in 2023.
Tech Sector to Drive Mexico's Growth
By Mariana Allende - Thu, 01/25/2024 - 09:46
Mexico's 2023 economic performance paves the way for a tech-driven boost, says an Endeavor and Santander analysis.
Three Digital Banks to Start Operations in 2024
By Mariana Allende - Wed, 01/03/2024 - 07:51
The National Banking and Securities Commission (CNBV) has authorized operations for three digital banks starting 2024.
CONASAMI to Decide Minimum Wage for 2024
By Paloma Duran - Thu, 11/30/2023 - 10:03
The minimum wage debate will begin soon. Proposals range from a 12.6% to a 300% increase.

FDI Could Surpass Mexican Remittances By 2025: Santander
By Mariana Allende - Mon, 11/27/2023 - 14:54
FDI in Mexico may surpass remittances by 2025, reshaping GDP dynamics, counteracting remittance devaluation, and fostering economic resilience.
Binance Users Withdraw US$1 Billion Following CEO Resignation
By Mariana Allende - Thu, 11/23/2023 - 16:00
Binance users have withdrawn US$1 billion from the cryptocurrency exchange platform after CEO Changpeng Zhao pleaded guilty to money laundering.
Crédito Real Files for Bankruptcy Protection in Mexico
By Perla Velasco - Thu, 11/16/2023 - 08:59
Crédito Real has filed for bankruptcy protection following an agreement made in May with its debt holders.
Startup Fiweex Wants to Bring its SaaS to Mexico
By Mariana Allende - Mon, 08/21/2023 - 12:00
The Paraguayan SaaS startup seeks an investment of US$500,000 to expand to the Mexican market.