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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Open Insurance system in Brazil has processed around 16.5 million transactions between September 2023 and September 2024, based on data from Susep.
insurance, research, Open Finance, financial services
Cesar Boralli, Associate Managing Director at PCMI, discusses the main trends of 2024 in payments and ecommerce in Brazil.
payments , paytech, ecommerce, payment methods, POS, fintech, real-time payments, RTP, PIX, BaaS, B2B payments, Open Finance, regulation, contactless payments, banktech, cross-border payments, retail, marketplace, digitalisation, country series
Nubank has announced the launch of NuCel, a new mobile phone service, aiming to optimise customer experience and expand the company’s portfolio.
product launch, banking, financial services, financial institutions
Pix by Proximity has been introduced by the Central bank of Brazil, available to Google digital wallet users and with a broader rollout to all Pix users set for February 2025.
contactless payments, NFC, mobile payments, PIX, product launch
The BCB Board of Directors has greenlit a public consultation on a proposal to regulate partnership models for delivering financial or payment services (BaaS).
payments , consultation, banking, compliance, regulations
Data, analytics, and technology company Equifax has made an offer for the acquisition of consumer credit bureau Boa Vista to expand its reach in Brazil.
acquisition, merger, payments , expansion, fintech, investment
US-based payments and money transfer company MoneyGram has partnered with Frente Corretora to launch their new service MoneyGram Online (MGO) in Brazil.
partnership, ecommerce, mobile payments, money transfer, cross-border payments
Luiz Henrique Didier Jr., CEO of Bexs, explains the key changes brought by the new Brazilian regulation approved by Congress and how these could affect the digital assets segment.
regulation, digital assets, Bexs, crypto, cryptocurrency, AML, KYC, money laundering, cryptocurrency exchange, crypto asset
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 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
Brazil-based digital bank for the agribusiness sector Agrolend has announced that it raised USD 53 million in a new Series C funding round.
funding, investment, expansion, digital banking, lending, SME lending
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