brazil

Brazilian Payments Network Elo Looking For $7 Billion In IPO
Brazilian Payments Network Elo Looking For $7 Billion In IPO
April 08, 2021  |  IPO

Elo, a Brazil-based payments firm, is planning its initial public offering (IPO) likely for the second half of 2021 and is seeking a valuation of...

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FinTech Competition Pressures Brazil’s Biggest Banks
FinTech Competition Pressures Brazil’s Biggest Banks
April 04, 2021  |  Banking

Brazil’s big banks, long known for high rates despite occasional public outcries, are racing to modernize amid challenges posed by low interest rates, the pandemic’s...

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Brazilian Central Bank Gives Green Light To WhatsApp Payments
Brazilian Central Bank Gives Green Light To WhatsApp Payments
March 30, 2021  |  International

Facebook’s WhatsApp will now be able to let users send and receive payments in Brazil after receiving approval from the country’s central bank Tuesday (March...

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Today In Payments Around The World: Jumio Notches $150 Million; Nuvemshop Raises $90 Million
Today In Payments Around The World: Jumio Notches $150 Million; Nuvemshop Raises $90 Million
March 23, 2021  |  International

In today’s top payments news around the world, Jumio has secured a $150 million investment from Great Hill Partners, while Nuvemshop has raised $90 million...

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Digital Real Estate Startup Loft Lands $425 Million, Valued At $2.2 Billion
Digital Real Estate Startup Loft Lands $425 Million, Valued At $2.2 Billion
March 23, 2021  |  Investments

Brazil-based startup Loft Holdings continues to rake in venture funding, as the digital revolution in real estate takes hold worldwide. Earlier this year (Jan. 3),...

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Biden Admin Looking At Mid-May To Open Cross-Border Travel
Biden Admin Looking At Mid-May To Open Cross-Border Travel
March 18, 2021  |  Coronavirus

The President Joe Biden administration might relax restrictions on travel across Mexican and Canadian borders as well as inbound travel from Brazil and Europe, including...

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45 Brazilian Companies Plan IPOs Regardless Of Economic Uncertainty
45 Brazilian Companies Plan IPOs Regardless Of Economic Uncertainty
March 07, 2021  |  IPO

Brazilian companies have 45 initial public offering (IPO) plans awaiting regulators’ approval, Reuters reported, in what the news service stated is an indication potential government...

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MercadoLibre Earnings Show Power Of ‘Digital Front Door’ For Developing Regions
MercadoLibre Earnings Show Power Of ‘Digital Front Door’ For Developing Regions
March 02, 2021  |  eCommerce

Latin American (LATAM) eCommerce marketplace operator and payments platform MercadoLibre released stellar Q4 2020 financials this week, underscoring the sizzle and scale of online marketplaces...

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