Tagged: brazil

Brazil’s C6 Bank Introduces Pix Collection for Legal Entities

C6 Bank corporate customers have one more option “to receive payments in their businesses: Pix Cobrança.” With the free resource, it is possible “to issue personalized QR codes and manage payments in a simplified way through the app.” Monisi Costa, head of products for legal… Read More

Nubank Extends Mobile Insurance Coverage with Protection for Digital Transactions

Nubank, which claims to be one of the world’s largest financial services platforms, announces the additional protection for fraudulent digital transactions “as part of its Nubank Celular Seguro insurance.” Still in the testing phase for a little portion of the customer base, the coverage “will… Read More

London based Volt Launches Real-Time Payments for Crypto Exchange Kriptomat

Volt, the global gateway for open banking payments in Europe, the UK and Brazil, and Kriptomat, one of the “fastest-growing” European cryptocurrency exchange platforms, are announcing a partnership “to enable Kriptomat customers throughout Europe to make real-time account-to-account payments to buy, sell and exchange cryptocurrencies.”… Read More

Fintech Zimpler to Expand to Latin America, Opens Office in São Paulo

Zimpler, which claims to be a leading fintech company born in Sweden, announced that it will expand its operations to Latin America. The company has “established its LatAm headquarters in São Paulo, catering to the growing local and regional markets.” Zimpler plans “to introduce their… Read More

Brazil’s Nubank Expands Offer for Clients Under 18 Years Old

Nubank (NYSE: NU) announced to all its eligible customers the possibility of “opening an account with a debit card for those under 18 years of age.” The novelty, which passed through an initial phase of testing which started in June and has already “registered a… Read More

Brazil’s C6 Bank Introduces Financial Protection Insurance for Vehicle Financing

Just over a year after the start of the vehicle financing operation, C6 Bank launches the C6 Auto Financial Protection Insurance. Offered in partnership with Fairfax Seguros (FF Seguros) and also known as credit life, the product “guarantees that the financing assumed by the vehicle… Read More

AstroPay Launches Mastercard Prepaid Card in Brazil

AstroPay, the online payment solution of “choice” for millions of users worldwide, is pleased to launch its new product in Brazil, a Mastercard prepaid card. This move will “provide both new and existing AstroPay customers with the ability to pay in any store that accepts… Read More

Crypto As a Service: Zero Hash Launches in Brazil

Zero Hash, the global B2B2C crypto-as-a-service infrastructure provider, recently announced its expansion into Brazil. Zero Hash “enables businesses to embed digital assets within their product offering with a light technical lift and little regulatory burden.” Zero Hash’s platform “provides customers the complete building blocks for… Read More

Fintech EBANX Appoints Greg Cornwell as VP of Business Development

EBANX, a fintech company that specializes in international payments in rising markets, announced the appointment of Greg Cornwell “as the Brazilian unicorn’s new Vice President of Business Development.” He will “report directly to EBANX President of Global Payments, Paula Bellizia, and play a key role… Read More

Sterling Trading Tech Selected by Avenue Securities to Bring Brazilian Investors Access to US Markets

Sterling Trading Tech (STT), a provider of order management systems, risk and margin tools and trading platforms to the capital markets worldwide, today announced it has signed with Avenue Securities, a U.S. digital brokerage serving retail investors in Brazil, “to provide its suite of technology… Read More

Brazil based Neobank Nubank Creates Bespoke Cryptocurrency – Nucoin

Nubank (NYSE: NU) has announced the creation of its own cryptocurrency Nucoin. The digital asset is leveraging the Polygon blockchain network. Nubank claims the title of one of the largest financial services companies in the world. Last month, it reported that it had topped 70… Read More

Brazil’s C6 Bank Reveals that Cashback Is Used by Many Clients Accumulating Points

Brazil’s C6 Bank notes that the purchase of airline tickets has always been one of the main destinations given to the points accumulated by customers registered in bank and credit card loyalty programs. But other ways of using these miles are “starting to become popular.”… Read More

Digital Remittances Market Enjoys Significant Boost Amid After-effects of Covid-19

When COVID-19 cases first appeared in late 2019, its contagion abilities were wildly unanticipated by world leaders, and it was ungracefully downplayed by mainstream media. This caused a subsequent uncontrollable outbreak that eventually dampened the quality of life for billions and dented economies across the… Read More

Nubank Reaches 70M Customers in Latin America

Nubank (NYSE: NU) reached the mark of 70 million customers in Latin America, “with 66.4 million users in the Brazilian operation, 3.2 million in Mexico, and more than 400 thousand in Colombia.” The company, the fifth largest financial institution in Brazil in number of customers,… Read More

Persona, Serpro to Combat Identity Fraud in Brazil

Persona announced it has partnered with Serpro, the federal government technology company of Brazil. As part of the partnership, Persona has “integrated with Serpro to unlock the ability to validate both PII and biometric information against government data sources.” The joint initiative will enable organizations… Read More

Brazil’s C6 Bank Introduces Carbon, a New Financial Service for High-Income Clients

After reaching the milestone of 20 million accounts opened, Brazil’s C6 Bank has introduced  an “exclusive” service aimed at the high-income segment. Called Carbon, the new service is free of charge and has a new proposal at the bank: the Carbon Partner, a specialized executive… Read More

Brazilian Fintech Klavi Raises $15 Million to Provide Open Finance Solutions

Klavi, a Brazilian Fintech startup, has raised $15 million in a Series A funding round. The funding was led by venture capital funds Iporanga Ventures and Parallax Ventures and included GSR Ventures. Klavi said the banking infrastructure provider CIP S.A. and Vivo Ventures, Vivo’s Corporate… Read More

Credix Raises $11.25 Million, Builds Future of Global Credit Markets with Blockchain Powered Platform

Credix, a Brazilian Fintech, has raised $11.25 million in Series A funding, according to a corporate statement. The Credix funding round was led by Motive Partners’ Early Stage fund and ParaFi Capital. Other investors include Valor Capital Group, Victory Park Capital, MGG Investment Group, Circle… Read More

Brazil’s C6 Bank Offers Discounted Airfares via Atoms Points Loyalty Program

C6 Bank is offering special conditions for the purchase of airline tickets “with Atoms points through the bank’s application.” Between the 24th and 26th of August, the bank’s customers had been able to purchase national and international flights “at different prices through C6 Travel, an… Read More

Fintech Ripple Introduces Crypto-powered Enterprise Payments in Brazil

Ripple, the provider of enterprise blockchain and cryptocurrency solutions, announced the launch of RippleNet’s On-Demand Liquidity (ODL) in Brazil with Travelex Bank, “the first bank in Latin America to utilize ODL.” Travelex is the first bank registered and “approved by the Central Bank of Brazil… Read More

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