brazil

Nayax to Acquire Brazilian Automated Self-Service Solutions Provider VMtecnologia
Nayax to Acquire Brazilian Automated Self-Service Solutions Provider VMtecnologia
March 07, 2024  |  Acquisitions

As part of a broader push into the Latin American market, Nayax, a global commerce enablement, payments and loyalty platform, announced that it agreed to acquire VMtecnologia....

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FLEETCOR Invests in Zapay, Expands Vehicle Payments Business in Brazil
FLEETCOR Invests in Zapay, Expands Vehicle Payments Business in Brazil
March 06, 2024  |  Transportation

Business payments company FLEETCOR Technologies has closed a majority investment in Brazilian vehicle payments company Zapay. This investment further scales FLEETCOR’s Vehicle Payments business in Brazil, providing access...

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Mercado Libre Appoints Andre Chaves to Head Brazilian FinTech Business
Mercado Libre Appoints Andre Chaves to Head Brazilian FinTech Business
March 01, 2024  |  Personnel

Mercado Libre, an eCommerce and payments platform in Latin America, appointed Andre Chaves as the new head of its FinTech business in Brazil. “Very humbled and excited...

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Brazilian FinTech Stark Bank Tripled Payments Processed in 2023
Brazilian FinTech Stark Bank Tripled Payments Processed in 2023
February 19, 2024  |  Banking

Stark Bank, a growing FinTech startup based in Sao Paulo, Brazil, reportedly caught the attention of investors including Jeff Bezos’ family office, Bezos Expeditions, which...

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Nubank Approaches $1 Billion in Revenue Amid Mexican Expansion
Nubank Approaches $1 Billion in Revenue Amid Mexican Expansion
February 06, 2024  |  Digital Banking

Brazilian neobank Nubank is predicting it will someday become Latin America’s largest financial service company. “I think that will happen eventually,” CEO David Vélez told the Financial Times (FT)...

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Bakkt Expands Crypto Trading Capabilities to 5 More Countries
Bakkt Expands Crypto Trading Capabilities to 5 More Countries
January 24, 2024  |  Cryptocurrency

Bakkt has expanded its crypto trading capabilities to Brazil, Guatemala, Spain, Hong Kong and Singapore. This expansion broadens Bakkt’s footprint in Latin America and marks its...

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Shopee Acquires Blu’s Local Credit Arm, Grows Presence in Brazil
Shopee Acquires Blu’s Local Credit Arm, Grows Presence in Brazil
December 18, 2023  |  eCommerce

Shopee, an eCommerce firm owned by Singapore-based Sea, is expanding its presence in Latin America with the acquisition of the local credit arm of Brazilian FinTech...

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Microsoft Prepares to Launch Mobile Gaming Store
Microsoft Prepares to Launch Mobile Gaming Store
November 30, 2023  |  Mobile Commerce

Microsoft is in talks with partners to launch a mobile gaming store that would compete with those of Apple and Google. Phil Spencer, the head...

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Latin American FinTech Clara Launches Payment Account in Brazil 
Latin American FinTech Clara Launches Payment Account in Brazil 
November 28, 2023  |  Latin America

Clara, a Latin American FinTech company, has launched a payment account in Brazil.  The new payment account offering complements Clara’s existing range of products, which...

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