Tagged: brazil

July 25, 2026 @ 9:41 am By Michael Wong  |  

AMERRA Capital Management is targeting about $200 million for a private credit fund that will provide senior secured financing to predominantly Brazilian food and agribusiness companies, with the International Finance Corporation (IFC) considering an anchor investment of up to $30 million. According to a project… Read More

July 23, 2026 @ 2:26 am By Omar Faridi  |  

Nubank (NYSE: NU), the Latin American digital finance enabler, has finalized its purchase of 100% of Banco Porto Real de Investimentos. This transaction represents a targeted step in the company’s strategy to broaden its service capabilities and reinforce its regulatory standing in Brazil’s financial ecosystem…. Read More

July 16, 2026 @ 8:17 am By Omar Faridi  |  

The Fintech division of Brazil’s digital bank Inter has announced the introduction of its innovative contactless payment wearables to customers in the United States. This expansion brings stylish, convenient payment solutions—specifically designed rings and wristbands—directly to the US market, allowing users to make seamless transactions… Read More

July 9, 2026 @ 6:28 am By Omar Faridi  |  

Nubank (NYSE: NU) has reportedly emerged as one of the preferred options for primary banking services among Brazilians, according to the latest Data Nubank report. The research findings, drawn from research by NPS Prism at Bain & Company covering the fourth quarter of 2025, show… Read More

July 8, 2026 @ 7:45 am By Omar Faridi  |  

Tether has announced a $20 million investment in a growth financing round for Mercado Bitcoin, Latin America’s provider of on-chain financial services. The move is intended to accelerate the development of blockchain-based financial infrastructure across the LatAm region, with Brazil positioned as a key hub… Read More

July 2, 2026 @ 12:35 pm By Omar Faridi  |  

Nubank (NYSE: NU) and Amazon Brazil have taken their collaboration to the next level by rolling out a complete checkout experience powered by NuPay. The update coincides with Amazon Prime Day, running from July 1 to 7, 2026, and gives eligible customers a wider range… Read More

June 23, 2026 @ 3:21 pm By Omar Faridi  |  

Nubank (NYSE: NU) announced recently that its virtual mobile network service, NuCel, has attracted more than one million customers in just 17 months since operations began in January 2025. Developed in partnership with Claro, the service integrates mobile connectivity directly into Nubank’s ecosystem, marking a… Read More

June 21, 2026 @ 11:39 pm By Omar Faridi  |  

Despite Brazil’s already high level of digital payments maturity, a new assessment from Bain & Company indicates meaningful room for further expansion through the end of the decade. As of the end of 2025, digital payment methods had reached an 85% penetration rate across the… Read More

June 18, 2026 @ 6:54 pm By Omar Faridi  |  

Chainalysis has indicated that Brazil has solidified its position as Latin America’s leading cryptocurrency hub, drawing significant attention from both legitimate users and illicit operators. From July 2024 to June 2025, the country processed an estimated $318 billion in on-chain cryptocurrency transactions, representing about one-third… Read More

June 16, 2026 @ 1:12 am By Omar Faridi  |  

Nubank (NYSE: NU), Latin America’s prominent digital banking platform, has finalized a significant public offering of Financial Bills valued at R$1.59 billion. The deal highlighted robust market confidence, as investor subscriptions surpassed R$3 billion, allowing the company to secure favorable pricing with notably lower rates… Read More

June 12, 2026 @ 2:14 am By Omar Faridi  |  

Nubank (NYSE: NU), which remains Latin America’s largest digital banking / Fintech platform, has shared details of its ambitious artificial intelligence roadmap. During a recent Nu Videocast session, Chief Technology Officer Eric Young and Rohan Ramanath, General Manager of AI Core, explained how the bank’s… Read More

June 12, 2026 @ 12:15 am By Omar Faridi  |  

Binance has officially become a member of the Brazilian Association of Crypto Economy (ABcripto) and secured a seat on its board. This strategic move underscores the exchange’s dedication to fostering a mature, regulated, and innovative cryptocurrency environment in one of the world’s most active emerging… Read More

June 6, 2026 @ 11:16 am By Omar Faridi  |  

Nu Holdings Ltd., the parent company of Brazil and LatAm’s digital bank Nubank (NYSE: NU), has recently introduced a new capital return strategy. On June 4, 2026, the fintech company’s board of directors greenlit a share repurchase program worth up to $1 billion for its Class… Read More

June 5, 2026 @ 1:16 am By Omar Faridi  |  

Nubank (NYSE: NU), one of the world’s digital banking platforms operating in Brazil and across major LatAm markets, has announced the appointment of finance executive Rob Livingston as its new Chief Financial Officer. The move takes effect on July 13, 2026, marking a significant leadership transition… Read More

May 27, 2026 @ 6:31 pm By Omar Faridi  |  

Brazil is now said to be confronting a deepening consumer debt crisis that has reached alarming proportions, affecting a vast segment of its population and raising concerns about long-term economic stability. Recent figures indicate that well over 82 million Brazilian consumers are now overdue on… Read More

May 25, 2026 @ 11:10 am By Omar Faridi  |  

Nu Empresas, the business arm of Nubank (NYSE: NU), has surpassed 6 million small and medium-sized enterprise (SME) customers. This achievement positions the digital platform as the financial institution with the highest number of registered corporate tax identifiers (CNPJs) in Brazil, underscoring its dominant role… Read More

May 22, 2026 @ 3:47 pm By Omar Faridi  |  

Brazil’s Nubank (NYSE: NU) is marking its 13th year of business operations across LatAm markets as one of the world’s most impactful Fintech challengers. Founded in 2013, the financial technology company has grown from a just a promising idea born mostly out of frustration and… Read More

May 16, 2026 @ 7:54 am By Omar Faridi  |  

Nu Holdings (NYSE: NU), the parent company of Nubank, reported another solid quarter on May 14, 2026, showcasing its continued dominance as a leading digital financial platform in Latin America. The Fintech company added around 4 million new customers, pushing its global base past 135… Read More

May 12, 2026 @ 12:28 am By Tony Zerucha  |  

Gr4vy, a cloud-based payment orchestration platform, this week announced support for Pix Automático in Brazil through its integration with dLocal, a cross-border payment platform. It allows merchants to offer automated Pix billing for subscriptions, memberships, and other recurring services. Pix has helped bring more than… Read More

May 11, 2026 @ 10:20 pm By Omar Faridi  |  

Nubank’s (NYSE: NU) senior executives explained how the company’s artificial intelligence underwriting framework is driving sustainable expansion in credit services. The update from Nubank’s  professional team emphasized that core risk protocols stay firmly in place, with delinquency levels holding steady even as more customers gain… Read More