In addition to acquiring a 3.85% equity stake in the fintech Méliuz, BV will have the option to buy all shares of the controlling block.
The funds will be used to expand Baubap’s financial products and provide 3 million new loans over the next 12 months.
Nubank and Banco Inter are moving away from the local stock exchange, while other Brazilian fintechs skip the market altogether.
As the payments world is constantly evolving, new channels are popping up, and new payment types are popping up.
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While VC funding is scarce, Arc is building on its alternative funding options, focused on early-stage startups looking to grow.
With Kabbage, Kathryn Petralia upended small business lending. She wants Keep Financial to do the same for compensation and employee engagement.
The proper definition of cryptocurrencies has stumped US regulators, many believe it has affected development. This year could bring clarity.
After the FTX crash rocked the crypto world, Brazil was one of the fastest nations to adapt to the new scenario. Now what's next?
Credit granted by fintechs in Brazil reached 55 billion reais in 2021, up tenfold in the 2016-2021 period, according to Serasa Experian.
In the aftermath of 2022, Cogni launches non-custodial wallet. Founder calls for a shift in mentality in creating Web3 products.