Brazilian digital bank Nubank now has more than 100 million customers. The company announced the achievement in a Wednesday (May 8) press release, saying it was the...
FastSpring and EBANX have teamed to expand the usage of the Pix payment in Brazil. FastSpring, based in Brazil, powers payments for global Software-as-a-Service and software companies. EBANX...
Brazilian FinTech QI Tech has achieved unicorn status after extending its Series B round. With this extension, the firm raised additional equity with current investor...
Despite outsized growth in Click-and-Mortar™ shopping opportunities in Brazil during the last three years, retailers there still don’t offer 39% of the digital features consumers...
Google aims to move faster and get closer to its customers as it meets “systemic” challenges. Prabhakar Raghavan, senior vice president at Google responsible for...
The rise of the Click-and-Mortar™ shopper in Brazil may give some tailwind to the use of Pix, the instant payment system that became operational in...
Half of Brazilian consumers are adopting Click-and-Mortar™ shopping strategies, and the country trails only Saudi Arabia in the Click-and-Mortar™ transformation. The approach blends online and...
Some of the sports betting world’s biggest players have reportedly turned their sights on Brazil. Companies such as DraftKings and MGM Resorts International are exploring entry into Latin America’s largest economy...
Brazilian FinTech firms are reportedly grappling with a surge in loan defaults, leading to a crisis in the asset-backed credit market. The delinquency rates on...