brazil

Nubank FinTech Grows Client Base By 25 Pct Since August
Nubank FinTech Grows Client Base By 25 Pct Since August
October 13, 2019  |  Digital Banking

The largest FinTech startup in Latin America — Brazil’s Nubank — is reporting a 25 percent increase in the number of clients since August, Reuters...

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Brazil Bank Managers Suspected Of Money Laundering Involvement
Brazil Bank Managers Suspected Of Money Laundering Involvement
September 27, 2019  |  Security & Fraud

Police in Brazil have raided the residences of managers of Banco do Brasil in connection to their part in a money-laundering scam worth $48 million....

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Japan’s SoftBank Contemplates Investment In Brazil 
Japan’s SoftBank Contemplates Investment In Brazil 
September 22, 2019  |  International

SoftBank Group is considering a gamble on Brazil and might advise high-growth firms to invest in the country, Reuters reported on Friday (Sept. 21). Get...

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Brazil eTailers’ Shares Slide On Amazon Prime Debut
Brazil eTailers’ Shares Slide On Amazon Prime Debut
September 10, 2019  |  Amazon

News of Amazon Prime rolling out in Brazil caused some shares of eCommerce companies doing business in the country to drop, Reuters reported on Tuesday...

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AliExpress Shopping Experience To Arrive In Brazil
AliExpress Shopping Experience To Arrive In Brazil
September 09, 2019  |  Retail

In a move that joins the online and offline experience in Latin America, FinTech firm EBANX is collaborating with global retail online marketplace AliExpress. The...

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China Central Bank Said To Ready Crypto Launch
China Central Bank Said To Ready Crypto Launch
September 05, 2019  |  Cryptocurrency

In China, the central bank will debut a state-backed cryptocurrency that initially will be issued to seven institutions in that country, Forbes reported this week. Get...

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FLEETCOR Teams With Nissan In Brazil On Contactless Payments
FLEETCOR Teams With Nissan In Brazil On Contactless Payments
September 05, 2019  |  News

In a first-of-its-kind partnership, FLEETCOR company Sem Parar is teaming with Nissan on contactless payments in Brazil. The arrangement will see the outfitting of all...

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Brazil Court: Uber Drivers Independent Of Company
Brazil Court: Uber Drivers Independent Of Company
September 04, 2019  |  Ridesharing

A superior court in Brazil has decided Uber drivers are independent from the company, according to a report by Bloomberg. The decision was handed down unanimously...

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SoftBank Invests $17M In Brazilian Used Car Seller Volanty
SoftBank Invests $17M In Brazilian Used Car Seller Volanty
August 07, 2019  |  Investments

Volanty, an online Brazilian used car market startup, raised 70 million reais ($17.6 million) in funding, led by Japan’s SoftBank and Argentina’s Kaszek, Reuters reported...

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