brazil

EBANX Teams With Brazil’s FastSpring to Expand Pix Usage
EBANX Teams With Brazil’s FastSpring to Expand Pix Usage
April 25, 2024  |  Partnerships

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...

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Financial Infrastructure Platform QI Tech Achieves Unicorn Status
Financial Infrastructure Platform QI Tech Achieves Unicorn Status
April 25, 2024  |  Investments

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...

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Brazilian Shoppers Surpass US, UK Counterparts in P2P Payments
Brazilian Shoppers Surpass US, UK Counterparts in P2P Payments
April 24, 2024  |  Consumer Insights

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...

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Google Aims to Move Faster to Meet ‘Systemic’ Challenges
Google Aims to Move Faster to Meet ‘Systemic’ Challenges
April 23, 2024  |  Google

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...

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Brazil’s Click-and-Mortar™ Shoppers Underpin Pix and Instant Payments Growth
Brazil’s Click-and-Mortar™ Shoppers Underpin Pix and Instant Payments Growth
April 19, 2024  |  Retail

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...

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Click-and-Mortar™ Shopping Expands by 49% In Brazil
Click-and-Mortar™ Shopping Expands by 49% In Brazil
April 19, 2024  |  VISA

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...

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DraftKings and MGM Find New Gaming Frontier in Brazil
DraftKings and MGM Find New Gaming Frontier in Brazil
April 03, 2024  |  International

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...

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Brazilian FinTechs Under Pressure as Delinquency Rates Soar
Brazilian FinTechs Under Pressure as Delinquency Rates Soar
March 25, 2024  |  Loans

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...

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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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