Tagged: brazil

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

April 30, 2026 @ 8:57 am By Omar Faridi  |  

Nubank (NYSE: NU), Latin America’s digital financial services platform, has unveiled plans to pour approximately R$45 billion (around US$8.2 billion) into Brazil throughout 2026. This significant commitment nearly doubles the company’s investment levels from two years ago and underscores its deep-rooted confidence in the Brazilian economy… Read More

April 25, 2026 @ 4:37 pm By Omar Faridi  |  

Brazilian authorities have blocked access to leading prediction market platforms, including Kalshi and Polymarket. The move forms part of a larger enforcement effort targeting unlicensed betting-style services, with officials emphasizing the need to shield everyday investors from unregulated risks. Finance Minister Dario Durigan announced the… Read More

April 18, 2026 @ 9:00 am By Omar Faridi  |  

Nubank’s (NYSE: NU) latest milestones highlight its accelerating momentum across Latin American markets, blending customer growth with new payment technology that aims to put users in control of their finances. In Mexico, the digital bank has now surpassed 15 million customers, firmly establishing itself among… Read More

April 1, 2026 @ 9:01 am By Omar Faridi  |  

Social media platform TikTok, owned by Chinese technology company ByteDance, has submitted applications to Brazil’s central bank for regulatory clearance to function as a fintech operator focused on lending and digital payments. According to individuals familiar with the confidential plans, the company has requested two… Read More

March 22, 2026 @ 5:52 pm By Omar Faridi  |  

Brazil’s Finance Ministry has suspended plans for a public consultation on cryptocurrency taxation, marking a deliberate shift by the country’s newly appointed economic leader ahead of this year’s high-stakes presidential vote. Dario Durigan, who assumed office just days ago, is recalibrating the government’s approach to… Read More

March 21, 2026 @ 12:17 pm By Omar Faridi  |  

Cybersecurity researchers at Kaspersky’s Global Research and Analysis Team (GReAT) have spotlighted a highly evolved banking Trojan named GoPix in a detailed disclosure released on March 16, 2026. Active for more than three years and monitored closely since 2023, this Brazilian-origin threat has already triggered… Read More

March 20, 2026 @ 12:29 pm By Omar Faridi  |  

In a step forward for institutional blockchain adoption in Latin America, Ripple has significantly broadened its operations in Brazil. The move underscores the company’s dedication to tapping into LatAm markers, whcih are one of the world’s most vibrant and evolving financial ecosystems. By introducing an… Read More

February 6, 2026 @ 12:18 pm By Tony Zerucha  |  

Vermiculus, a provider of trading, clearing and CSD technology, has successfully delivered the real-time clearing system that is now live on CERC, the main financial market infrastructure specialized in receivables in Brazil. CERC aims to make the Brazilian market of receivables more efficient, reliable and… Read More

February 3, 2026 @ 10:16 pm By Omar Faridi  |  

Brazil has introduced a groundbreaking piece of legislation aimed at overhauling the rules governing its foreign exchange market and international capital flows. Signed into law by the president on December 29, 2021, and officially enacted as Law No. 14,286, this reform seeks to update and… Read More

January 30, 2026 @ 5:45 pm By JD Alois  |  

South America-based digital bank Nubank (Nu)  (NYSE:NU)has received approval for a federal bank charter by the Office of the Comptroller of the Currency. With approval, Nubank will be able to compete on a level playing field with other digital and legacy banks. As is typical,… Read More