Brazil - page 2

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.

News

Itau Unibanco Offers Bitcoin Trading

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

News

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.

News

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.

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.

Finance & Economics

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.

News

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.

News

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.