Tagged: brazil

August 4, 2022 @ 9:01 am By Omar Faridi  |  

MercadoLibre, Inc. (Nasdaq: MELI), which claims to be Latin America’s leading e-commerce technology company, reported financial results “for the quarter ended June 30, 2022.” The company hosted an earnings video as well as a conference call and audio webcast “for any questions that investors may… Read More

August 2, 2022 @ 11:46 am By Omar Faridi  |  

In yet another initiative with the goal of transforming consumers’ financial lives via education, Brazil’s C6 Bank is promoting the second edition of the Financial Expedition, a project that takes free workshops “to communities in small municipalities.” This edition takes place between the 9th and… Read More

August 1, 2022 @ 11:20 am By JD Alois  |  

Latin American Digital bank Nubank (NYSE: NU) has emerged as the largest brokerage in Brazil as it tops 5 million investors. According to a blog post, Nubank has the largest number of active investors on a digital brokerage in the country. Nubank facilitated the investing features with… Read More

July 27, 2022 @ 12:56 pm By JD Alois  |  

Bitso, a Latin American crypto exchange, has facilitated the transfer of Argentian football (soccer) player to São Paulo FC’ Bitso states that this is the first such transfer to take place with midfielder Giuliano Galoppo signing with the São Paulo club, completed with crypto, and… Read More

July 24, 2022 @ 5:37 pm By Omar Faridi  |  

OneConnect Financial Technology Co., Ltd, the technology-as-a-service provider and an associate of Ping An Group, recently announced the launch of OneCosmo, a “one-stop” omni platform for all-in-one digital banking solutions jointly “developed with Brazil-based tech company Pismo, one of the fastest growing banking Software-as-a-Service (SaaS)… Read More

July 21, 2022 @ 3:10 pm By JD Alois  |  

Neon, a Brazilian Fintech and digital bank, says it has raised $80 million for its first Credit Rights Investment Fund (FIDC). The credit card investment fund is focused on credit cards. Jamil Marques, CFO of Neon, said this 2nd fundraising by Neon endorses the strength… Read More

July 18, 2022 @ 1:27 pm By JD Alois  |  

Itaú Unibanco, a Brazilian digital bank, has launched Itaú Digital Assets as it targets the crypto asset sector of finance. The bank has created a dedicated web page for Itaú Digital Assets indicating its mission to tokenize, issue, and trade digital assets as well as… Read More

July 18, 2022 @ 12:20 pm By JD Alois  |  

Huobi Global has announced a partnership with Fintech Capitual to provide “account individualization” in Brazil. Huobi is a prominent crypto exchange operating in 160 different countries reporting tens of millions of users. Capitual is a Brazilian payments gateway and “hybrid digital bank” that takes a… Read More

July 12, 2022 @ 6:42 pm By Omar Faridi  |  

Brazil’s secured lending platform Creditas is getting ready to expand its product offering, after obtaining a banking license as well as a mortgage marketplace. The company is reportedly acquiring Brazil‘s banking license of Andorra’s Banco Andbank, allowing it to take customer deposits. As part of… Read More

July 7, 2022 @ 9:37 am By JD Alois  |  

Neon, a Brazilian digital bank, has hired André Madeira as the company’s new Chief Technology Officer (CTO). Madeira has previously worked at Google, Coinbase, and Snap and thus brings considerable experience to his new role. Madeira will be tasked with “transforming Neon into a technology-driven… Read More

July 4, 2022 @ 3:49 pm By Omar Faridi  |  

Brazil’s C6 Bank clients can now make 100% free Pix Saque and Pix Troco transactions across the country. The new functionality “allows operations like these to be carried out in commercial establishments and lottery houses, not just at ATMs, making life easier for users.” Maxnaun… Read More

June 27, 2022 @ 11:01 pm By Omar Faridi  |  

MEXC Global, which claims to be a leading digital asset and cryptocurrency trading platform, reveals that it has taken steps towards improving the process of crypto purchases by offering investors in 180 countries the option of buying cryptocurrencies using Visa or Mastercard. Visa and Mastercard… Read More

June 23, 2022 @ 3:37 pm By JD Alois  |  

Inter&Co (NASDAQ: INTR), a Brazil-based Fintech, commenced trading of its shares on the Nasdaq today. Inter&Co previously traded on Brazil’s B3 exchange. As was previously reported, Inter&Co is seeking the greater liquidity and robust capital markets of the US as it plans its expansion. Inter&Co reports… Read More

June 18, 2022 @ 1:54 pm By Omar Faridi  |  

Visa (NYSE: V) has introduced Latin America’s first crypto cards, through partner firms based in Brazil and Argentina. Working cooperatively with Fintech startups and other companies in the region, Visa will reportedly issue cards that allow consumers to receive Bitcoin (BTC) cashback with each  payment… Read More

June 13, 2022 @ 1:50 pm By JD Alois  |  

Inter&Co, a Brazilian Fintech “Super App,” will trade on Nasdaq later this month. Inter&Co recently acquired US-based USEND as part of its transition. Inter claims the title as the first Brazilian digital bank to list its shares on B3 in Brazil in 2018 and it… Read More

June 6, 2022 @ 3:38 pm By JD Alois  |  

One of the most successful Fintech VCs around, QED Investors, has hired Camila Vieira to boost its presence in Brazil – an important region in the hot Latin American Fintech market. Vieira is the company’s first employee based in Sao Paulo, Brazil, where she will… Read More

June 3, 2022 @ 8:17 am By Omar Faridi  |  

Bexs Pay, which claims to be a “pioneer” in offering cross-border transactions, has entered a partnership in order to provide Brazilian consumers with convenient access to global products and services. Bexs Pay will, from now on, be responsible for transfers via NuPay, which is Nubank’s… Read More

May 30, 2022 @ 8:20 am By Omar Faridi  |  

C6 Bank has an “exclusive” promotion for new subscribers to the Atoms C6 Platinum points accelerator plan. Customers of the C6 Platinum card who subscribe to the points accelerator plan “will have the monthly fee charged for the first three months reversed in the following… Read More

May 25, 2022 @ 2:51 pm By Omar Faridi  |  

Mercado Bitcoin, which claims to be the largest exchange in Latin America, has teamed up with the Stellar Development Foundation (SDF) in order to develop one of the nine projects selected for the LIFT Challenge Real Digital, “a collaborative environment carried out by the Central… Read More

May 22, 2022 @ 4:35 pm By Omar Faridi  |  

C6 Bank has announced that it recently added new equity investment options to its C6 Invest platform. From now on, clients who were already able to trade mini dollar and index (Ibovespa) contracts since August last year “can also trade full futures contracts on the… Read More