brazil

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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Jeeves and Bexs Partner on Cross-Border B2B Payments in Brazil
Jeeves and Bexs Partner on Cross-Border B2B Payments in Brazil
November 09, 2023  |  Partnerships

Jeeves and Bexs have partnered to launch a fully digital platform for cross-border business payments out of Brazil. With the collaboration, Jeeves makes it easier...

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Travel Spending May Get a Bounce Into the Holidays With BNPL and Rewards
Travel Spending May Get a Bounce Into the Holidays With BNPL and Rewards
October 20, 2023  |  Travel Payments

Summer’s over. Beach getaways are a thing of the past. And now the holidays approach. Jacqueline White, president at i2c, and Ray Chalub, COO of...

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Fiserv Strengthens Distribution Network in Brazil With Skytef Acquisition
Fiserv Strengthens Distribution Network in Brazil With Skytef Acquisition
October 13, 2023  |  Acquisitions

Global payments and financial technology company Fiserv has acquired Skytef, the primary distributor of Software Express payment solution SiTef. This strategic move aims to strengthen Fiserv’s distribution network in...

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