Discover all the payments and fintech-related news and analysis about Brazil in The Paypers News, Reports, along with other Brazil-specific insights on the payments and fintech industry:
Discover all the payments and fintech-related news and analysis about Brazil in The Paypers News, Reports, along with other
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KuCoin, an international cryptocurrency exchange, has started supporting Brazilian Real (BRL) deposits and withdrawals.
cryptocurrency exchange, transactions , payment processing, payment gateway
CAF (formerly Combate à Fraude), a Brazil-based digital identity verification provider, has raised over USD 19.4 million in investments.
funding, digital identity, identity verification, investment, expansion
Despite Brazil’s already well-established instalment payment methods, this new solution is gaining momentum among fintechs with underbanked and cardless customers. Vinícius Vieira of Bexs Pay details this momentum shift.
BNPL, instalment payments, Bexs, financial institutions, PIX, payment methods, retail
klavi, a Brazil-based Software-as-a-Service, has launched klaviScore, a credit score that uses data exclusively obtained through Open Finance.
product launch, data, Open Finance, SaaS, financial data
UK-based fintech company Ebury has started widening its operations in Brazil, which it reportedly sees as a potential main revenue market.
expansion, FX , payments , SMEs, acquisition, fintech, cash management
Profitus, a fund owned by the controlling partner of Itaú Unibanco, has invested USD 5 million in Digitra.com, a new crypto exchange.
crypto, digital assets, crypto asset, blockchain, funding, investment
Fintech company Ramp Network has introduced a document-free verification system for crypto transactions, beginning in Brazil.
cryptocurrency, identity verification, digital onboarding, digital identity, web3
Cryptocurrency exchange Binance has launched the Binance Pay crypto payment option in Brazil to help local merchants attract new customers.
cryptocurrency, payment methods, cryptocurrency exchange, expansion
Brazil-based financial services platform Nubank has extended the availability of its Money Boxes (Caixinhas) to business account customers.
financial services, product upgrade, fintech, neobanks
The Brazilian Senate has reviewed a Complementary Bill (PLP) that aims to regulate the sharing of customer data among financial sector entities.
regulation, Open Finance, compliance, financial services
Brazil-based financial services company Zoop has become a licenced payments institution following an authorisation from the local Central Bank.
payments , fintech, B2B payments, compliance
Cryptocurrency exchange Coinbase has partnered with instant payment app Pix as part of its service expansion efforts in Brazil.
cryptocurrency exchange, cryptocurrency, expansion, instant payments
Payment platform InfinitePay, part of fintech CloudWalk, has facilitated its Brazilian customers to accept in-person contactless payments with Tap to Pay on iPhone.
mobile payments, Tap-to-Pay, NFC, contactless payments
Global consumer credit reporting company Experian has agreed to acquire MOVA, a Brazilian fintech, according to Fintech Global.
acquisition, Experian , fintech, SMEs, credit scoring
JP Morgan has announced the increase of its stake in Brazil-based digital bank C6 to 46 percent, without disclosing any of the financial terms and conditions.
partnership, investment, banking, online banking, digital banking, mobile banking, financial services, financial institutions
Ebury has announced that the Central Bank of Brazil has approved its acquisition of Bexs Group, including both Bexs Banco and Bexs Pay.
acquisition, payments , cross-border payments, FX , financial services
Bitop has announced the launch of Bitop Exchange in Brazil, aiming to enable customers and clients in the region to benefit from its suite of solutions.
expansion, cryptocurrency, crypto, crypto asset, digital assets, virtual asset
Banco Sofisa, a Brazil-based financial institution, has partnered with Finastra to implement Vector Risk, a market and credit risk solution.
banks, partnership, risk management, financial institutions, cloud
Bluebenx, a Brazil-based cryptocurrency investment platform, has suspended withdrawals for at least six months due to an alleged hack that made the company lose more than USD 31 million.
fraud management, fraud detection, AML, cryptocurrency, blockchain, financial crime
Nubank Ultravioleta, a tailored experience for high-income Nubank clients, has revealed its venture into the travel domain with the preliminary release of its Global Account.
financial services, fintech, travel payments, digital currency