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Brazil

Finance Minister of Brazil, Fernando Haddad
LatAm
·May. 10, 2023

How a credit card interest rate cap could affect Brazil’s fintech industry

Brazil's Minister of Finance criticized "stratospheric" revolving credit card interest rates amid a campaign to push through economic reforms.
Read Full Story
Creditas
LatAm
·May. 5, 2023

Brazilian fintech Creditas cuts losses in Q1 and looks for first profits

According to Creditas' recently released figures, the company recorded a loss of $26 million, a 60% drop from the same period in 2022.
Read Full Story
picpay office
LatAm
·May. 1, 2023

Facing a changing market in Brazil, PicPay enters corporate benefits sector

PicPay stated that, before reaching the market, the solution went through tests for eight months with 10,000 company and partner employees.
Read Full Story
Belvo
LatAm
·Apr. 25, 2023

Belvo acquires Skilopay to enter payments market in Brazil

This is the first acquisition in the history of the Open Finance platform, which was created in 2019 by Pablo Viguera and Oriol Tintoré.
Read Full Story
LatAm
·Apr. 13, 2023

Nubank launches payroll lending in Brazil

With payroll lending, Nubank blazes a trail into secured lending, an asset that bears less risk than credit cards and individual loans.
Read Full Story
Banking
·May. 9, 2023

European neobank Revolut sets foot in Brazil

More than a year after it would expand to Latam, British neobank Revolut has officially launched in Brazil with its global account product.
Read Full Story
Payments
·May. 2, 2023

Pix reaches 3 billion monthly transactions in Brazil

Pix achieved the milestone of 3 billion monthly transactions in March, up from a previous record of 2.8 billion by the end of last year.
Read Full Story
LatAm
·Apr. 26, 2023

Nubank reaches 80 million customers in LatAm, up 33% YoY

Brazilian Nubank reached 79.1 million customers in Latin America by early April. That is up almost 20 million compared to a year ago.
Read Full Story
LatAm
·Apr. 20, 2023

Brazilian teenage-focused fintech Z1 raises $10 million

Brazil's teenage-focused neobank Z1 received a $10.4 million investment to build new products to cater to young adults as well.
Read Full Story
Whatsapp Payment
LatAm
·Apr. 12, 2023

Meta launches WhatsApp payment solution for companies in Brazil

The payment operation, which has been awaiting regulatory approval for three years, will first focus on small merchants and will be implemented gradually in the South American country.
Read Full Story
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