Brazilian bank Banco Inter, a business unit of Inter&Co, plans to acquire the remaining 50% of merchant acquirer Granito, giving it full ownership of the company. Granito, which provides financial services to more than 100,000 small- to medium-sized businesses across Brazil, will be renamed Inter Pag, Inter&Co said...
MercadoLibre is reportedly in talks to get a banking license in Mexico. The Latin American eCommerce/FinTech is in discussions with Mexico’s central bank, finance ministry and banking regulators to apply for a license, Osvaldo Gimenez, president of Mercado Pago, the company’s FinTech operation, told Bloomberg News Tuesday (May 21). “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 is a tech company focusing on payments for rising markets. “This partnership with EBANX allows FastSpring to leverage local payments, starting with...
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 want. This is just one finding from PYMNTS Intelligence’s “2024 Global Digital Shopping Index: Brazil Edition,” which was commissioned by Visa...
April 24, 2024
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 want. This is just one finding from PYMNTS Intelligence’s “2024 Global Digital Shopping Index: Brazil Edition,” which was commissioned by Visa Acceptance Solutions and drew on insights from 2,200 consumers and […]
March 12, 2024
All companies in growth mode need access to capital, whether to fund short-term operational needs, mitigate unexpected expenses or execute plans for growth. One key demographic of these firms are...
December 02, 2022
Sometimes coming late to the game has advantages. Latin America provides an ideal use case. As applied to payments, Michael Bilotta, global head of digital goods and services at Worldline...
October 26, 2022
As more consumers and companies size up Latin America for its ample opportunities, the need for speedy cross-border payments, aided by localization, will be close behind and key to unlocking...
May 29, 2024
Stablecoin issuer Circle says it has officially launched in Brazil. The expansion into South America’s largest country gives Circle the chance to offer its popular USD Coin to new users, the company said Wednesday (May 29). “The move comes at a time of exponential fintech adoption resulting from pro-innovation policies and initiatives, such as the […]
May 28, 2024
Brazilian bank Banco Inter, a business unit of Inter&Co, plans to acquire the remaining 50% of merchant acquirer Granito, giving it full ownership of the company. Granito, which provides financial services to more...
May 21, 2024
MercadoLibre is reportedly in talks to get a banking license in Mexico. The Latin American eCommerce/FinTech is in discussions with Mexico’s central bank, finance ministry and banking regulators to apply for a license, Osvaldo...
April 25, 2024
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 is a tech company focusing...
