Santander Expands Getnet Footprint With Colombia Launch
Hey FinTech Fanatic!
Santander is bringing Getnet to Colombia 🇨🇴.
The goal is clear: strengthen its position in Latin America and expand its payments footprint.
This is not a small move. Getnet processed more than €238B ($317B) in 2025. Across 10.5B transactions. For 1.2M clients.
Colombia now becomes part of a unified infrastructure. One platform connecting local merchants to the rest of Latin America. That points to a broader play.
Federico Balige, CEO of Getnet in Colombia and Argentina, called it a “true regional payments platform.” The focus is cross-border connectivity. And positioning Getnet as an entry point for multinationals.
Fraud prevention and e-commerce acceptance are central here. But the bigger signal is scale. Santander is doubling down on acquiring as a regional play.
The battle is shifting toward integrated, multi-country acquiring platforms. Local presence is no longer enough.
This expansion fits into a much bigger regional consolidation story. Scroll down 👇 I’ll bring more updates on today’s industry news.
Cheers,
FINTECH NEWS
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PAYMENTS NEWS
🇱🇹 Lithuania’s PSP ecosystem hits €166B in volume in 2025 🤯
Here's a list of the Largest PSP's by Payment Volume:
🇨🇴 Getnet, Santander Bank's FinTech arm, launches in Colombia to offer businesses a regionally focused payments platform. According to the bank, this strategic move seeks to boost its business in the Colombian market and connect local businesses with the rest of Latin America through a unified technological infrastructure.
🇨🇴 Lemon opens a waiting list in Colombia for its VISA Lemon Card, which allows payments in cryptocurrencies and will offer a 4x1,000 cashback rate. According to the company, the pre-registration process will be available until April 6th through its official platform. Users who register during this period will not only gain early access to the product.
🇲🇽 Mexico’s Femsa cuts jobs after bid to become FinTech powerhouse Fizzles. The company is scaling back its ambitions for Spin, narrowing its focus and integrating it into Femsa's corporate structure, after it failed to attract more customers to Oxxo stores.
🇬🇧 Vinted Pay receives UK Electronic Money Institution licence. The licence enables Vinted Pay to issue electronic money and provide payment services in the UK. By developing an in-house payment solution, Vinted Pay wants to address the specific needs of Vinted members and increase operational efficiency.
🇳🇬 NALA strengthens cross-border payments in Nigeria with a new license and direct integration. The new license allows NALA to operate fully within Nigeria’s regulated financial environment. This not only strengthens trust but also enables the company to expand its services to individuals and businesses with full compliance.
DIGITAL BANKING NEWS
🇿🇦 GoTyme, Africa’s first profitable digital bank, gets physical. GoTyme Bank is shifting to a more “phygital” model by replacing its in-store kiosks with mall-based Customer Hubs, offering services like account opening, card issuance, and support. The move reflects a growing need for physical presence, even among digital-first banks in South Africa.
🇲🇽 Revolut Mexico will seek to enter the mortgage lending market. In an interview, Juan Miguel Guerra, CEO of Revolut in Mexico, spoke about the brand's app. He explained that the app has everything: credit card, international shipping, currency exchange, and even accounts for children. Additionally, Revolut is poised to hit Natwest and Lloyds in the deposit war. Analysts are expecting the move to send ripples across the sector, with Revolut now able to accept cash as a deposit, which it can lend out to other customers as mortgages, personal loans, or business credit.
🇬🇧 Starling launches the UK’s first Agentic AI financial assistant. The in-app ‘Starling Assistant’ offers an all-new conversational banking interface that responds to voice and natural language prompts before carrying out banking tasks on the customer’s behalf, from setting up personalised saving goals to organising bill payments.
🇵🇭 GCash launches the country's first AI financial coach embedded in e-wallet to strengthen financial literacy. Developed with support from Microsoft and powered by enterprise-grade AI, Pera Coach converses in English and other local national languages to make financial services easier to understand.
BLOCKCHAIN/CRYPTO NEWS
🇺🇸 Winklevosses say job cuts at Gemini exchange reach 30%, as it focuses on improving efficiency through AI and adapting to market challenges. The cuts come amid significant losses, declining crypto prices, and increased competition in a scale-driven industry. Additionally, Gemini was sued by investors over alleged IPO misstatements and a strategy pivot. Filed in New York, the class action lawsuit has been brought against Gemini and other company executives over misleading claims made in its IPO documents.
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🇦🇪 Bybit enhances AI trading skills hub with copy trading, advanced bots, and institutional-grade security upgrades. The upgrade strengthens Bybit's position at the forefront of AI-powered trading by enabling users and AI agents to not only execute trades but also replicate strategies, automate portfolio management, and interact with sophisticated execution algorithms.
PARTNERSHIPS
🌍 GCash and TransferGo partnership brings secure, affordable remittances for Filipinos in Europe. With the partnership now in place, TransferGo users in the United Kingdom and across Europe can send money straight to GCash wallets. Recipients can immediately use the funds for bills, online payments, cash withdrawals, or other financial needs, all within the GCash ecosystem.
🇦🇺 Vivi Money launches AI financial platform with Visa. The Australian FinTech said the platform brings together open banking data, transaction accounts, savings accounts, and AI-led financial analysis in one service. Customers can connect accounts, loans, and savings held at other institutions.
🇺🇸 Glia and MessagePay Embed secure payments directly into AI-powered banking conversations. The new integration embeds MessagePay’s secure loan payment capabilities directly into Glia’s industry-leading banking AI platform, allowing financial institutions to initiate and complete payments seamlessly.
🇿🇲 MTN MoMo Zambia partners with Indo Zambia Bank to expand POS payments. The collaboration will enable customers to pay for goods and services using MoMo at all IZB point-of-sale (POS) terminals nationwide, significantly increasing the accessibility and convenience of mobile money transactions.
DONEDEAL FUNDING NEWS
💰 FinTech is off to a nice start to 2026, thanks to a strong February.
VCs have invested about $8B across 362 deals in Jan and Feb.
🇺🇸 Kalshi gets $1 billion in new funding at a $22 billion valuation. The fundraising push shows investor appetite to gain exposure to the fast-growing prediction market industry, which remains healthy despite lawmaker blowback. Read more
🇺🇸 Talino closes $7.5M series A to launch a global FinTech foundry and modernize cross-border infrastructure. The company aims to build an API-first infrastructure that connects the U.S. with emerging markets, improving cross-border payments and expanding financial inclusion.
M&A
🇬🇧 CAB Payments rejects StoneX's possible acquisition offer. CAB Payments said today that the Independent Board, together with its advisers, has carefully evaluated the StoneX Possible Offer and concluded unanimously that it significantly undervalues CAB Payments and its prospects.
MOVERS AND SHAKERS
🇬🇧 Crypto exchange OKX hires former LSEG European trading chief. Adam Wood, who was chief executive of LSEG’s Turquoise platform until the end of February, is joining OKX as chief operating officer of its MiFID II-licensed business. Continue reading
🇬🇧 Bumper appoints FinTech leader Richard Davies. The move brings significant FinTech scaling expertise to the business as it prepares to broaden its product offering and strengthen its position with dealerships. In his new role at Bumper, he will advise on strategy, governance, and commercial expansion as the business continues to scale.
🇺🇸 Ledger appoints John Andrews as new Chief Financial Officer and opens NYC office to scale U.S. expansion. He will play a pivotal role in Ledger’s U.S. expansion, as demand from banks, asset managers, custodians, and stablecoin issuers seeking secure digital asset infrastructure continues to grow.
🇬🇧 Yaspa names Cameron Flood Head of Product for the UK and Europe. Flood will lead product development and launches across the UK and Europe, taking responsibility for product direction in both regions. He joins from Shieldpay, where he served as Head of Product.
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