Tagged: brazil

May 1, 2022 @ 4:37 pm By Omar Faridi  |  

Ozone API, the developer of the standards-based software for open banking and open finance, has introduced a suite of solutions that “enable banks to move beyond compliance and convert their APIs into more strategic and commercial channels.” The enhancements to Ozone’s open API platform “give… Read More

April 18, 2022 @ 8:12 am By Omar Faridi  |  

EBANX, a payments Fintech with an international presence, and VTEX, a digital commerce platform for large firms and retailers, has announced a partnership aimed at “broadening cross-border payments for Brazilian e-commerce companies in Latin America.” Via this collaboration, Brazilian firms will be able to enjoy… Read More

April 14, 2022 @ 8:49 am By Omar Faridi  |  

Nubank (NYSE: NU), one of the largest digital financial services platforms globally, recently announced that it strengthened its international operations by obtaining a credit line of $650 million, which will be “invested in the Mexican and Colombian markets, where the company operates under the name… Read More

March 28, 2022 @ 10:21 am By JD Alois  |  

According to multiple reports, Coinbase (NASDAQ:COIN) is poised to purchase the Brazil-based 2TM parent company of  Mercado Bitcoin (Bitcoin Market). Expectations are for an announcement soon in April. This past December, Mercado Bitcoin raised $50.2 million in Series A funding that was part of a larger… Read More

March 22, 2022 @ 4:38 pm By Omar Faridi  |  

Gaming Fintech ZEBEDEE recently announced a new integration with Bipa, a Bitcoin Lightning exchange service for the Brazilian markets. The integration makes converting Bitcoin earned in games into Brazilian reals and moving it into a Brazilian bank account “literally a matter of seconds.” It is… Read More

February 28, 2022 @ 11:30 pm By Omar Faridi  |  

Globally, 84% of consumers agree that they should “have control of their financial data, and banks should not prevent the movement of money between other financial services.” These are the principles that are the “basic tenets of open banking,” according to an update shared with… Read More

February 15, 2022 @ 11:32 pm By Tony Zerucha  |  

Cryptocurrency infrastructure provider Wyre has integrated with the Stellar network to effectively onboard local Brazilian and Argentinian currencies into digital assets. Through the integration, Wyre is growing functionality in Latin America and allowing developers and businesses looking to leverage cryptocurrency transactions to expand into new… Read More

February 15, 2022 @ 5:08 pm By Omar Faridi  |  

BBVA (NYSE: BBVA) has reportedly agreed to invest $300 million (around €263 million) in Neon, a Brazilian digital bank founded in 2016 that aims “to improve access to financial services for individuals, self-employed and small businesses in its country.” Neon claims 15 million registered accounts…. Read More

February 11, 2022 @ 3:37 pm By Omar Faridi  |  

EBANX, the payments platform in Latin America, is celebrating 10 years since its founding as it closes in on a key milestone of 1 billion transactions processed across 15 different countries. The Brazilian Fintech firm, co-founded by Alphonse Voigt, João Del Valle and Wagner Ruiz… Read More

February 5, 2022 @ 4:19 pm By Omar Faridi  |  

EBANX, a payments Fintech with an international presence, announced the appointment of Paula Bellizia as the Brazilian unicorn’s partner and president of Global Payments. She will be responsible for leading the Fintech company’s international teams of Sales, Marketing, Operations and Expansion, presently located across the… Read More

February 2, 2022 @ 6:04 pm By Omar Faridi  |  

Open Banking in Brazil marked its first anniversary on February 1, 2022 – and the South American nation is looking set to strengthen its position as a (maybe unlikely) open banking pioneer. The Brazilian reserve bank’s phased approach is considered to be a success, through… Read More

January 29, 2022 @ 4:59 pm By Omar Faridi  |  

The ICICB Group claims that it has an established track record of launching innovative businesses and propositions with consistency. The Group is known for reviewing the scope of possibilities, from initial strategy to technical development. As mentioned in an update shared by the ICICB Group,… Read More

January 25, 2022 @ 10:47 pm By JD Alois  |  

Inter, a Brazilian financial “super app,” has announced it has been approved to acquire USEND, a service offering transfers and payments, as well as non-financial services to more than 150,000 customers across 40 US states. USEND’s digital money transfer platform lets users make international transactions… Read More

January 24, 2022 @ 4:36 pm By Omar Faridi  |  

The team at LatAm Fintech Belvo has shared an update titled the State of Open Banking in Latin America in 2022. Belvo writes in a blog post that open banking – the opening of financial markets via technology, data, and the creation of new digital… Read More

January 24, 2022 @ 12:33 pm By Omar Faridi  |  

C6 Bank Mastercard clients who are in Caraíva (Bahia) this summer season will be able to practice beach tennis in “exclusive” spaces, in addition to enjoying various other benefits. As mentioned in an update from C6 Bank, the courts and equipment to practice the sport,… Read More

January 11, 2022 @ 4:12 pm By Omar Faridi  |  

Financial services have become a lot more accessible, seamless, and user-friendly in the past decade due largely to the rise of innovative Fintech platforms throughout the world. Traditional banking service providers have launched their own digital transformation strategies in order to remain competitive in a… Read More

January 4, 2022 @ 2:43 pm By Omar Faridi  |  

C6 Bank‘s automatic-payment system is reportedly one of the fastest growing online platforms in Brazil. The C6 Bank began offering financial services in August 2019. The digital banking platform has introduced C6 tag, which has helped with accelerating growth for the firm. In around 2… Read More

December 26, 2021 @ 9:30 pm By Omar Faridi  |  

Rapyd, a Fintech-as-a-Service firm, shared the results of a survey exploring the adoption of digital finance tools and e-commerce in Argentina, Colombia, Mexico, and Brazil. Even though the region has a fairly large unbanked population, the survey revealed that among those with active bank accounts,… Read More

December 16, 2021 @ 3:53 pm By Omar Faridi  |  

EBANX, the payments platform in Latin America, announced on December 15, 2021 that it has acquired Remessa Online, a Brazilian Fintech firm that specializes in international remittance services, “in a deal valued at $229 million.” With the addition of Remessa Online’s expertise and tech, EBANX… Read More

December 14, 2021 @ 10:39 am By JD Alois  |  

The Sao Paolo Stock Exchange, B3, is expected to launch cryptocurrency investment options in 2022 according to multiple reports. The news was revealed during a presentation by B3 President Gilson Finkelsztain.   🔎 O presidente da B3, Gilson Finkelsztain, durante o B3 Day afirmou que… Read More