Brazil

Fintech & Ecommerce

Rappi Teams Up With AstroPay for Latin America’s First Super-App Wallet

Latin America’s first wallet-on-file integration based on AstroPay infrastructure inside a super-app allows users in Argentina, Brazil, and Peru to set up a digital wallet directly within the Rappi super-app.

Fintech & Ecommerce

Stripe Customers to Accept Pix Payments Via EBANX Partnership

Stripe merchants just gained a competitive edge in Brazil’s booming digital economy, empowered with Pix payments, used by 93% of Brazilian adults, through EBANX.

Blockchain & Crypto

Bybit and Tether Strategic Alliance Targets Rapid Crypto Adoption in Brazil

Brazil demand for financial inclusion, economic stability, favourable remittance terms, and digital innovation is a natural fit for crypto adoption growth, exactly what Bybit and Tether aim to facilitate.

Statistics

Processing Power of Global Payment Networks

As India’s UPI has surpassed the industry giant, Visa, with over 650 million daily transactions, we prepared a brief illustration of the global payment networks’ processing volumes and values. Can real-time payments beat the cards?

Fintech & Ecommerce

From Cards to Direct Transfers: The A2A Payment Transformation in Europe and Beyond

The global payment landscape is rapidly changing driven by a seismic shift in popular transaction methods. A closer look at payment statistics reveals that account-to-account (A2A) transfers are ascending in importance. Its growing dominance among other payment types is especially evident in the European market.

News

Spreedly and EBANX to Promote Local Payments in LatAm

The open payments platform Spreedly has teamed with the payment service provider EBANX.

News

PagBank Reports Record Net Profit of R$2.3 Billion for 2024

Brazilian digital bank PagBank, known for its innovation in financial services, has revealed record financial results in its annual report for 2024.

Fintech & Ecommerce

Visa Analysis Reveals Online Holiday Shopping Growth

Online retail shopping during the holiday season increased by 7.1%, according to Visa observations, though the majority of purchases still take place in brick-and-mortar stores.

News

JPMorgan Chase Upgrades Mexican Equities

JPMorgan Chase upgraded Mexican equities to overweight from neutral amid strong economic growth in the United States.

News

dLocal Becomes Certified PISP for Pix

dLocal achieved a regulatory milestone and became a certified Payment Initiation Service Provider (PISP) in Brazil, able to process Pix payments directly within the Open Finance framework.

News

First Stablecoin Pegged to Brazilian Real Launches on TRON Blockchain

Mercado Bitcoin has introduced MBRL stablecoin linked to the value of Brazilian Real on the TRON blockchain.

Finance & Economics

Brazil Development Bank Inks $3B AIIB Deal

Collaboration between Brazil’s development bank, BNDES, and the Asian Infrastructure Investment Bank (AIIB) aims to promote economic growth and environmental sustainability in Brazil.

News

Experian Buys Cyber Security Firm ClearSale

Credit data company Experian has agreed to buy firm ClearSale, which specializes in carrying out activities in the cybersecurity area.

Society & Lifestyle

Google Buys Carbon Removal Credits From Brazil Startup

Google has agreed to buy carbon removal credits for the first time in history.

News

USDC Integrates With Real-Time Payment Systems of Mexico and Brazil

Circle has partnered with leading banks in Mexico and Brazil to integrate its stablecoin, USDC, into the national real-time payment systems of these two countries.

News

Brazil Tries to Calm Investors

In Brazil, the local economic team is going into damage control mode to reassure investors and ensure that the country’s government is complying with fiscal rules, even as President Luiz Inacio Lula da Silva is pushing for a decision to increase social spending.