brazil

Amazon Opens Three More Brazilian Logistics Hubs
Amazon Opens Three More Brazilian Logistics Hubs
November 09, 2020  |  Amazon

The eCommerce surge generated from the COVID-9 pandemic has prompted Amazon to open three additional logistics hubs in Brazil, according to a report in Reuters...

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DOJ Seizes $24M In Crypto As Part Of Brazilian Internet Fraud Probe
DOJ Seizes $24M In Crypto As Part Of Brazilian Internet Fraud Probe
November 04, 2020  |  Security & Fraud

The Department of Justice (DOJ) has seized $24 million in virtual currency on behalf of the Brazilian government, according to a press release. The seizure...

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Brazil Planning IPO For State-Run Digital Bank
Brazil Planning IPO For State-Run Digital Bank
October 20, 2020  |  International

Brazil’s government is planning to launch an initial public offering (IPO) for a new digital arm of Caixa Econômica Federal, according to a Reuters report...

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MercadoLibre To Invest More Than $716M In Brazil
MercadoLibre To Invest More Than $716M In Brazil
October 14, 2020  |  Investments

MercadoLibre, which operates platforms for buying and selling goods across Central and South America, is eyeing an investment in Brazil next year that would be...

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China’s Didi Teams With WhatsApp To Offer Ride-Hailing Service In Brazil In One App
China’s Didi Teams With WhatsApp To Offer Ride-Hailing Service In Brazil In One App
October 05, 2020  |  Ridesharing

99, a Brazilian ridesharing service, will partner with Facebook-owned WhatsApp in order to take orders on the chat platform, letting users summon cars without having...

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Unlocking Brazil’s Open Banking Potential
Unlocking Brazil’s Open Banking Potential
September 23, 2020  |  B2B Payments

In the journey to improve the payments experience, sometimes the best user experience (UX) is an unnoticeable one. Payment innovators are migrating toward making payments...

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Brazil Says Central Bank Digital Currency Set For 2022 Rollout
Brazil Says Central Bank Digital Currency Set For 2022 Rollout
September 08, 2020  |  Cryptocurrency

The race toward central bank digital currencies (CBDCs) is tightening, with Brazil reportedly looking to launch one by 2022 in a bid to help digitize payments. And...

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Neon Lands $300M In VC Funding For Brazilian Expansion
Neon Lands $300M In VC Funding For Brazilian Expansion
September 02, 2020  |  Investments

Brazilian digital bank Neon is gearing up for another big wave of expansion after landing hundreds of millions of dollars in venture capital funding. Founded...

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Wirecard Makes Deals To Sell Its Brazil, UK Operations
Wirecard Makes Deals To Sell Its Brazil, UK Operations
August 21, 2020  |  International

As Wirecard AG’s global operations close following its bankruptcy filing, the German payment company has agreed to sell what’s left, the Financial Times reported. Michael...

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