Brazil

News

Brazil’s Instant-Payment System Pix Expands Activity

The Brazilian instant payment system Pix may start operating globally in the foreseeable future.

News

Brazil Stark Bank Doubles Profit

Stark Bank, one of the few startups from Latin America that received funding from Jeff Bezos’ family office, is currently recording profits as part of its activities to assist companies in handling payment transactions.

News

Nubank Approaches $1 Billion in Revenue

Brazilian neobank Nubank is confident that it will be able to become the largest financial services company in Latin America.

Society & Lifestyle

The safest place to live in Brazil

Brazil, a captivating country located in the vast continent of South America, is widely acclaimed for its breathtaking and awe-inspiring landscapes.

Blockchain & Crypto

Itau Unibanco Offers Bitcoin Trading

Largest private lender in Brazil Itau Unibanco enters the crypto arena with bitcoin trading service.

Fintech & Ecommerce

N26 Leaves Brazil

The decision of N26 to wind up operations in Brazil underscores its strategy to focus on its core European markets

News

DLocal Brings Cashless Solution to inDrive Brazil

A mobility and urban services platform inDrive has chosen dLocal as its provider for the new cashless solution in Brazil.

Fintech & Ecommerce

Nubank Customer Base in Latin America Surpasses 90 Million

Brazilian challenger Nubank has surpassed 90 million customers in Latin America across its operations in Brazil, Colombia, and Mexico.

Fintech & Ecommerce

Instant Payments Play Key Role in Cash Decline: McKinsey

Cash usage declined by nearly 4% globally in 2022, with new developments in instant payments and digital wallets driving cash displacement in certain geographies.

Fintech & Ecommerce

Praso Acquires Floki’s IP

The Brazilian company Praso, which provides a distribution platform for small retailers, announced the raising of $9.3 million in investment funds and announced the acquisition of the intellectual property of Floki, a brand that uses AI to automate purchases in small bars and restaurants.

News

JPMorgan Boosts Its Stake in Brazil’s C6 Bank

JPMorgan has announced an increase in its stake in a Brazilian digital bank called C6 Bank.

News

QR Code Payments to Grow 590% in Southeast Asia by 2028: Research

A new study from Juniper Research has found the volume of QR code payments in the leading Southeast Asian market will increase from 13 billion in 2023 to 90 billion in 2028.

Fintech & Ecommerce

Matera to Boost Instant Payments With AI via Cinnecta Acquisition

Matera acquired Cinnecta for an undisclosed amount to enhance its instant payments and QR-code payments solutions with AI capabilities

News

Brazilian Digital Bank Inter Reports Record Profit

The Brazilian digital bank Inter has published a report on the financial results of this virtual lender in the second quarter of this year.

Fintech & Ecommerce

Amazon Launches Credit Card in Brazil

Amazon announced the beginning of cooperation with the Brazilian bank Banco Bradesco.

Blockchain & Crypto

Mercado Bitcoin Joins CBDC Project in Brazil

Besides the largest local crypto exchange Mercado Bitcoin, the pilot of the digital real CBDC in Brazil also involves Mastercard