brazil

Uber Eats to Shutter in Brazil March 7

Uber Eats to Shutter in Brazil March 7
Uber Eats to Shutter in Brazil March 7
January 07, 2022  |  Delivery

Uber is ending its Uber Eats restaurant delivery service in Brazil March 7 to focus on store delivery service Uber Direct and deliveries by online...

READ MORE >
How 2021’s Digital Coming of Age Changed the Latin American Banking Space for Good
How 2021’s Digital Coming of Age Changed the Latin American Banking Space for Good
December 23, 2021  |  Digital Payments

Latin American consumers are ditching legacy banks in favor of service providers that better meet their mobile-first banking needs. In the Digitizing Payments In Latin...

READ MORE >
Nubank Goes Public at $41.5B Valuation with LatAm Growth on Horizon 
Nubank Goes Public at $41.5B Valuation with LatAm Growth on Horizon 
December 09, 2021  |  IPO

Brazilian FinTech Nubank’s valuation is up to $41.5 billion — higher than the country’s largest bank, Itaú Unibanco — as its initial public offering (IPO)...

READ MORE >
Brazilian FinTech Dock Acquires Mexican Card Processor Cacao
Brazilian FinTech Dock Acquires Mexican Card Processor Cacao
December 08, 2021  |  Partnerships / Acquisitions

Brazilian FinTech infrastructure firm Dock has closed an acquisition deal for the Mexican card processing startup Cacao for undisclosed terms, according to a recent press...

READ MORE >
Brazil IPOs Have Stalled Since September
Brazil IPOs Have Stalled Since September
December 07, 2021  |  IPO

Rising interest rates, a stalling economy and floundering equity markets have led to dozens of Brazilian companies pulling the plug on their plans to go...

READ MORE >
Brazil Crime Uptick Could Result in Instant Payments Suspension
Brazil Crime Uptick Could Result in Instant Payments Suspension
December 05, 2021  |  Security & Fraud

Citing the rise in crime, Brazilian lawmakers are mulling the possible halt of the Pix instant payments system, ZDNet reported. Get the Full Story Complete...

READ MORE >
Brazil’s Movile Bets on Logistics, Payments and the Metaverse to Sustain Growth Streak
Brazil’s Movile Bets on Logistics, Payments and the Metaverse to Sustain Growth Streak
December 03, 2021  |  International

A star of the pandemic digital shift, from massive mobile commerce growth to attracting FinTech investment, Brazil is cementing its position as an epicenter of...

READ MORE >
MercadoBitcoin.com Holding Company Snags $50M in Series B Funding 
MercadoBitcoin.com Holding Company Snags $50M in Series B Funding 
December 02, 2021  |  Investments

Brazilian unicorn 2TM Group, the holding company for Latin American cryptocurrency exchange MercadoBitcoin.com on Tuesday (Nov. 30) announced the second end of a $50.3 million...

READ MORE >
Buffett-Backed Nubank Cuts Down IPO Price
Buffett-Backed Nubank Cuts Down IPO Price
November 30, 2021  |  IPO

Brazilian digital bank Nubank has reduced the target price of its American stock market debut by about 18% amid a worldwide tech stock selloff that’s...

READ MORE >