Brazil’s central bank is reportedly facing budget and staffing strain amid a financial system boom. As Bloomberg News reported Tuesday (May 12), the regulator’s staffing...
Brazilian payments firm Elo is reportedly working on an initial public offering (IPO). The company has tapped banking partners as it prepares to list in the U.S....
Brazil has forbidden electronic foreign exchange (eFX) companies from using cryptocurrencies to settle overseas remittances. That’s according to a new resolution from the country’s central...
PayPal is bringing Brazil’s Pix payment system to its small and medium-sized business (SMB) customers. “With Pix now available through PayPal Complete Payments, small businesses can...
TikTok is reportedly seeking permission to provide lending and payment services in Brazil. The social media platform has filed for two licenses with the Brazilian central bank,...
Brazil’s new finance minister, Dario Durigan, plans to postpone new rules on crypto taxation, Reuters reported Friday (March 20). These rules are among several controversial...
PicPay, the Brazilian digital payments firm, is increasingly leaning on artificial intelligence to manage its rapid scale. The Brazilian digital payment firm discussed this effort...
Blockchain company Ripple has undertaken what it calls a major expansion in Brazil. “Powered by new product capabilities and accelerating customer adoption, Ripple is now...
Prediction market platform Kalshi expanded to Brazil by partnering with brokerage firm XP. This is Kalshi’s first expansion outside the United States, Bloomberg News reported...