Financial arm of the major Brazilian retailer now facilitates cryptocurrency trading for millions of users of its digital wallet, MagaluPay.
After years of waiting, the central bank of Brazil has finally authorized Meta's WhatsApp merchant payment system.
The Digital Real is one of the most ambitious undertakings of the BCB, which has been seeking to accelerate financial inclusion in Brazil.
Nubank, the largest digital bank in Latin America, officially launched Nucoin. It is a free-of-charge token that rewards the most loyal users.
Comun's seed round was led by Silicon Valley fund Costanoa Ventures and included participation from South Park Commons and FJ Labs.
By December 2022, PagSeguro had 28 million customers, making it the second-largest digital bank in Brazil.
Latam crypto firms to face pressing capital needs in 2023 and a primary focus on transparency. Regulation bound to accelerate in the region.
Pix is a constantly-evolving product, with new features being recurringly rolled out. What is next for Pix this 2023?
The "crypto winter" has swept away many investors worldwide. But in Latin America's inflation hotspots, stablecoins are gaining ground.
This capital increase reinforces the confidence of shareholders in the development of PicPay's business plan.