brazil

ICICB Group Plans Digital Bank for Brazil
ICICB Group Plans Digital Bank for Brazil
January 28, 2022  |  Digital Banking

Dubai’s ICICB Group wants to become a player in Brazil’s burgeoning digital banking space, the financial services company announced in a news release Friday (Jan....

READ MORE >
Today in Crypto: Blockchain Celo Debuts Stablecoin Linked to Brazil’s Real; SEC Nixes Fidelity’s Bitcoin ETF
Today in Crypto: Blockchain Celo Debuts Stablecoin Linked to Brazil’s Real; SEC Nixes Fidelity’s Bitcoin...
January 27, 2022  |  Cryptocurrency

Celo, a phone-focused blockchain, has rolled out cREAL, a stablecoin pegged to Brazil’s local currency, the real, a report from CoinDesk says. As of Thursday,...

READ MORE >
Brazilian Lender Creditas Valued at $4.8B
Brazilian Lender Creditas Valued at $4.8B
January 25, 2022  |  Investments

Creditas, a Brazilian start-up specializing in insurance, consumer loans and used car sales, has raised $260 million in a funding round that valued the company...

READ MORE >
Uber Eats to Shutter in Brazil March 7
Uber Eats to Shutter in Brazil March 7
January 07, 2022  |  Delivery

Uber is ending its Uber Eats restaurant delivery service in Brazil March 7 to focus on store delivery service Uber Direct and deliveries by online...

READ MORE >
How 2021’s Digital Coming of Age Changed the Latin American Banking Space for Good
How 2021’s Digital Coming of Age Changed the Latin American Banking Space for Good
December 23, 2021  |  Digital Payments

Latin American consumers are ditching legacy banks in favor of service providers that better meet their mobile-first banking needs. In the Digitizing Payments In Latin...

READ MORE >
Nubank Goes Public at $41.5B Valuation with LatAm Growth on Horizon 
Nubank Goes Public at $41.5B Valuation with LatAm Growth on Horizon 
December 09, 2021  |  IPO

Brazilian FinTech Nubank’s valuation is up to $41.5 billion — higher than the country’s largest bank, Itaú Unibanco — as its initial public offering (IPO)...

READ MORE >
Brazilian FinTech Dock Acquires Mexican Card Processor Cacao
Brazilian FinTech Dock Acquires Mexican Card Processor Cacao
December 08, 2021  |  Partnerships / Acquisitions

Brazilian FinTech infrastructure firm Dock has closed an acquisition deal for the Mexican card processing startup Cacao for undisclosed terms, according to a recent press...

READ MORE >
Brazil IPOs Have Stalled Since September
Brazil IPOs Have Stalled Since September
December 07, 2021  |  IPO

Rising interest rates, a stalling economy and floundering equity markets have led to dozens of Brazilian companies pulling the plug on their plans to go...

READ MORE >
Brazil Crime Uptick Could Result in Instant Payments Suspension
Brazil Crime Uptick Could Result in Instant Payments Suspension
December 05, 2021  |  Security & Fraud

Citing the rise in crime, Brazilian lawmakers are mulling the possible halt of the Pix instant payments system, ZDNet reported. The São Paulo Legislative Assembly...

READ MORE >