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...
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....
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...
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...
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...
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)...