PayPal's Sri Shivananda: "In LatAm, PayPal continues to grow our partnerships with marketplaces like MercadoLibre, who recently added PayPal as a checkout option in Brazil and Mexico."

In a transaction last year, credit card giant American Express acquired U.K. digital payments startups Cake Technologies, the global financial firm recently confirmed.

Uniken's CEO says being selected for the Wells Fargo Startup Accelerator program "is a great validation of our innovation in delivering great security.”