brazil

MercadoLibre To Bolster Investment In Brazil
MercadoLibre To Bolster Investment In Brazil
October 16, 2019  |  Retail

With an eye toward logistics and financial services, MercadoLibre Inc. will reportedly invest over $718 million (3 billion reais) in Brazil next year. The Latin American eCommerce...

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Google Pay Users In Brazil Can Now Pay With Debit Cards
Google Pay Users In Brazil Can Now Pay With Debit Cards
October 14, 2019  |  Google

In an effort to grow usage of its Android smartphones in Brazil, Google has introduced a debit card payment program through Google Pay. Get the...

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Uber To Team With Brazil’s Banco Inter For Financial Services
Uber To Team With Brazil’s Banco Inter For Financial Services
October 13, 2019  |  Partnerships / Acquisitions

A source has revealed that Brazilian lender Banco Inter SA is currently in discussions with Uber about partnering in financial services. Get the Full Story...

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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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