brazil

Exclusive: Mercado Pago CEO on Building Brazil’s Biggest Digital Bank
Exclusive: Mercado Pago CEO on Building Brazil’s Biggest Digital Bank
August 16, 2024  |  Digital-First Banking

Most countries measure banking activity in terms of where and how it happens. Hence distinctions such as in-branch, ATMs, online and mobile. But in Latin...

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Nuvei Set to Acquire Brazil’s Pay2All
Nuvei Set to Acquire Brazil’s Pay2All
August 05, 2024  |  Acquisitions

Canadian payments FinTech Nuvei is set to acquire Brazilian payments institution Pay2All. The deal, announced Monday (Aug. 5), is designed to expand Nuvei’s capabilities in...

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Brazilian Receivables Marketplace Monkey Exchange Raises $11 Million
Brazilian Receivables Marketplace Monkey Exchange Raises $11 Million
August 04, 2024  |  Loans

Brazilian online marketplace Monkey Exchange has reportedly raised $11 million in new funding. As The Brazil Journal reported, the financing comes at a pivotal moment...

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Brazil’s Central Bank Delays Launch of Pix Recurring Payments Feature
Brazil’s Central Bank Delays Launch of Pix Recurring Payments Feature
July 22, 2024  |  Real-Time Payments

Brazil’s central bank has delayed the launch of a recurring payments feature that will be added to its Pix instant payment system. The feature, Automatic...

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Meta Suspends AI Tools in Brazil Amid Privacy Policy Dispute
Meta Suspends AI Tools in Brazil Amid Privacy Policy Dispute
July 18, 2024  |  artificial intelligence

Meta has reportedly suspended its generative artificial intelligence (AI) tools in Brazil after one of the country’s regulators objected to part of the company’s privacy...

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Matera Gets $100 Million to Expand Banking Software Footprint
Matera Gets $100 Million to Expand Banking Software Footprint
July 17, 2024  |  Digital-First Banking

Banking software provider Matera has landed a $100 million investment from growth investor Warburg Pincus.  The new funding, announced in a news release Wednesday (July...

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OpenPayd Launches Instant Payments on Brazil’s Pix Network
OpenPayd Launches Instant Payments on Brazil’s Pix Network
July 14, 2024  |  Real-Time Payments

OpenPayd says its clients can now make transactions via Pix, Brazil’s real-time payment network. The new offering, announced by the embedded finance infrastructure provider last...

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How The World Does Digital: Business Models And Innovation Drive Consumer Engagement
How The World Does Digital: Business Models And Innovation Drive Consumer Engagement
July 10, 2024  |  Connected Economy

Let’s start this article with a pop quiz. Name the country that had the highest digital engagement in 2023. You get to pick from a...

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Why Brazil and Singapore Beat the US in Overall Digital Engagement
Why Brazil and Singapore Beat the US in Overall Digital Engagement
July 09, 2024  |  Connected Economy

It may surprise you to learn that the U.S. did not top the global charts for digital engagement in PYMNTS Intelligence’s “How The World Does...

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