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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Mastercard has partnered Binance to launch a new prepaid cryptocurrency card in Brazil in order to support crypto adoption in Latin America.
partnership, cryptocurrency, prepaid card, Bitcoin
Vinícius Vieira, Head of Business Development at Bexs, explains the new rules that make FX transactions simpler and in line with current trends, such as the inclusion of crypto assets, NFTs, and bets.
Bexs, FX , regulation, digital assets, NFT, cryptocurrency, fintech, crypto, API
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
Brazil has announced its plans to launch a real-world suite of digital tests for its CBDC, focusing on protecting the privacy of financial data and transactions.
product launch, fraud prevention, cryptocurrency, digital currency, fraud management, CBDC
The Central Bank of Brazil has authorised EBANX to offer a payment initiator service through Pix allowing the fintech’s merchants to manage Pix payments within their websites.
PIX, real-time payments, ecommerce, payment initiation
UK-based fintech Lanistar has gone live with Google Pay operability to its virtual payment card in Brazil.
virtual card, mobile payments, Google Pay, fintech, expansion
UK-based global fintech Unlimint has expanded its alternative payment methods portfolio with the addition of Brazil-based online payment solution, Mercado Pago.
partnership, expansion, payments , online payments, payment methods, cross-border payments, ecommerce, merchants, B2B payments, financial services, payment processing, digital payments, e-wallet, payout, fintech
Cryptocurrency platform Mercado Bitcoin has successfully tested a tokenized version of the Brazilian digital real using the Stellar network.
cryptocurrency, CBDC, central bank, blockchain
Starting with 1 March 2023, Brazil has started the second phase of Open Insurance implementation, which will run until July 2023, according to Susep.
Open Banking, regulation
Belvo, a Latin America-based Open Finance platform, has launched its payment initiation solution as a Central Bank-regulated entity.
Open Finance, payments , product launch, expansion, central bank
Brazil's central bank has approved Meta Platforms' (META.O) payments launch for SMEs in Brazil via its messaging application WhatsApp, building on the app's existing local peer-to-peer payment system.
mobile payments, SMEs, customer experience, m-commerce
Brazil-based Nubank has partnered Polygon to expand the reach of its Nucoin loyalty programme to around 70 million customers.
partnership, cryptocurrency, Token, blockchain, fintech
Brazil-based fintech company Blipay has secured USD 6,7 million fund from SRM Ventures for the development of its credit services and salary anticipation product.
funding, investment, online banking, digital banking, SMEs
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
Two of the largest payment companies in the world, Mastercard and Visa, have reportedly planned to acquire Pismo, a Sao Paulo-based fintech company, according to Bloomberg.
acquisition, fintech, online banking
US-based multiplatform messaging app WhatsApp has made it possible for users in Brazil to pay merchants directly through the chat.
mobile payments, payment methods, product upgrade, ecommerce
Brazil’s Finance Minister Fernando Haddad has advised that the country’s government is set to announce measures towards the improvement of credit conditions.
payments , lending, credit card, interest rate, instalment payments, financial inclusion, fintech, banking
Itau Unibanco has conducted a series of connection tests with the Starlink network to assess the performance low-orbit satellite internet.
banks, product upgrade, customer experience, online banking
Belvo, an Open Finance data and payments platform, has acquired Skilopay, a Brazil-based payment institution specialising in payment services through Pix.
acquisition, payments , Open Finance, payment methods, account-to-account payment
Revolut has launched in Brazil, marking the fintech firm’s first foray into Latin America.
fintech, expansion, product launch, cryptocurrency, investment