Brazil

News

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.

Fintech & Ecommerce

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

Finance & Economics

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.

News

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

Blockchain & Crypto

IMF Warns Against Crypto Ban, Calls for Better Regulation

“While a few countries have completely banned crypto assets given their risks, this approach may not be effective in the long run,” says the organization.

Fintech & Ecommerce

Nubank Introduces Innovative Life Insurance Program

Nubank customers can now give individual life insurance policies as gifts

News

Worldline and VTEX Partner on Global eCommerce and Payments

Worldline and VTEX have established a partnership to combine efforts to provide e-commerce and payment services at the global level by multinational merchants.

Fintech & Ecommerce

Akurateco Сollaborates With World-Card to Integrate Pix Payment Method

  Akurateco, a European-based global white-label payment gateway provider, has recently announced its latest integration with Pix, the instant payment method in Brazil. The partnership was formed with the help of World-Card, a global payment solution provider. Launched in November 2020, Pix is an instant payment system that was developed by the Central Bank of […]

Blockchain & Crypto

Visa Designed CBDC-Based Finance Platform for Farmers

Identifying new use cases for Brazil’s central bank digital currency (CBDC), Visa created a programmable finance platform for SMEs, particularly farmers, using tokenized farm contracts to access global capital markets

News

Brazil Pilots CBDC in Stores

Central Bank of Brazil is ready to start trials of its proposed CBDC across various use cases including in-store and offline NFC payments

Fintech & Ecommerce

Mastercard Customizes Solutions for Female Entrepreneurs

Mastercard has introduced a suite of services dedicated to the financial needs of female business owners across the regions of Latin America and the Caribbean

News

Meta Lets Brazilians Pay Local Merchants Via WhatsApp

Meta reported that Brazilian WhatsApp users have the opportunity to exchange messages for transactions through this application.

Blockchain & Crypto

Coinbase Partners With Brazilian Payment Apps to Expand Services

Coinbase continues its international expansion by partnering with Brazilian payment providers Ebanx and Pix

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