Fiserv plans to acquire Brazilian FinTech company Money Money Servicos Financeiros S.A. to expand the range of payment, management and cash flow solutions Fiserv’s Clover offers Brazilian small– to medium-sized businesses (SMBs). Following the planned acquisition, Money Money’s specialized financing engine will be integrated with...
Sandy beaches and soccer aren’t Brazil’s only calling cards. The South American nation is far ahead of some more developed countries in mobile commerce, with shoppers routinely pulling out their smartphones to buy everything from groceries and clothing to electronics and beauty products. A forthcoming...
Toku has raised $48 million in a Series A funding round for its accounts receivable (AR) software-as-a-service (SaaS) platform focused on mid-market to enterprise businesses in Mexico, Brazil and Chile. The company will use the new funding to double down on its go-to-market strategy and accelerate...
The growth of real-time payments has been global in scope, and as detailed in the latest “Real-Time Payments World Map,” a collaboration between PYMNTS Intelligence and The Clearing House, there’s an increasing maturity and broadening adoption of instant payment systems. Increased transaction limits indicate that...
May 06, 2025
Brazilian consumers are rapidly adopting mobile devices for retail purchases, outpacing global trends, though pervasive payment friction presents a significant hurdle for merchants, according to the 2025 Global Digital Shopping Index: Brazil edition. Commissioned by Visa Acceptance Solutions and produced by PYMNTS, the report draws on a survey of 18,468 consumers and 3,464 merchants across […]
April 21, 2025
Sandy beaches and soccer aren’t Brazil’s only calling cards. The South American nation is far ahead of some more developed countries in mobile commerce, with shoppers routinely pulling out their...
April 18, 2025
The growth of real-time payments has been global in scope, and as detailed in the latest “Real-Time Payments World Map,” a collaboration between PYMNTS Intelligence and The Clearing House, there’s...
April 11, 2025
Brazil isn’t just famous for samba, soccer and carnival anymore. It is now drawing attention for something else: its meteoric rise as the world’s most digitally engaged nation, particularly in finance...
April 23, 2025
Fiserv plans to acquire Brazilian FinTech company Money Money Servicos Financeiros S.A. to expand the range of payment, management and cash flow solutions Fiserv’s Clover offers Brazilian small– to medium-sized businesses (SMBs). Following the planned acquisition, Money Money’s specialized financing engine will be integrated with the Clover cloud-based point-of-sale and business management platform, Fiserv said […]
April 18, 2025
Toku has raised $48 million in a Series A funding round for its accounts receivable (AR) software-as-a-service (SaaS) platform focused on mid-market to enterprise businesses in Mexico, Brazil and Chile. The...
April 08, 2025
Open payments platform Spreedly has teamed with payment service provider EBANX. The partnership, announced Tuesday (April 8), is designed to help international companies access local payment options in the Latin...
April 04, 2025
Brazil’s instant payment system, Pix, will reportedly allow users to pay for transactions in installments, beginning in September. The new feature, Pix Parcelado, will be available to both consumers and businesses, Reuters...
