Bank of China announced that it has issued 20 billion yuan ($2.8 billion) in blockchain-based bonds for small- and micro-sized businesses using its own blockchain...
Rebel, a Brazilian FinTech that offers unsecured credit to middle-class citizens in the country, has raised $10 million in new equity funding, according to a...
Itau Unibanco Holding, Brazil’s largest lender, lost its appeal related to an antitrust case. Earlier this year, Itau announced it would prepay small- and mid-sized...
Brazilian Lender Banco Inter is launching an app to give its clients direct access to more than 60 online stores, according to Reuters. The company...
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...
In an effort to grow usage of its Android smartphones in Brazil, Google has introduced a debit card payment program through Google Pay. Reuters is...
A source has revealed that Brazilian lender Banco Inter SA is currently in discussions with Uber about partnering in financial services. The move is another...
The largest FinTech startup in Latin America — Brazil’s Nubank — is reporting a 25 percent increase in the number of clients since August, Reuters...