Brazil news and trends

Nubank Marks 100 Million-Plus Digital Banking Customers

May 08, 2024
NuBank
EBANX Teams With Brazil’s FastSpring to Expand Pix Usage
Partnerships // April 25, 2024

FastSpring and EBANX have teamed to expand the usage of the Pix payment in Brazil. FastSpring, based in Brazil, powers payments for global Software-as-a-Service and software companies. EBANX is a tech company focusing on payments for rising markets. “This partnership with EBANX allows FastSpring to leverage local payments, starting with...

Financial Infrastructure Platform QI Tech Achieves Unicorn Status
Investments // April 25, 2024

Brazilian FinTech QI Tech has achieved unicorn status after extending its Series B round. With this extension, the firm raised additional equity with current investor General Atlantic and Across Capital, QI Tech said in a Thursday (April 25) press release. This announcement comes six months...

Brazilian Shoppers Surpass US, UK Counterparts in P2P Payments
Consumer Insights // April 24, 2024

Despite outsized growth in Click-and-Mortar™ shopping opportunities in Brazil during the last three years, retailers there still don’t offer 39% of the digital features consumers want.  This is just one finding from PYMNTS Intelligence’s “2024 Global Digital Shopping Index: Brazil Edition,” which was commissioned by Visa...

Google Aims to Move Faster to Meet ‘Systemic’ Challenges
Google // April 23, 2024

Google aims to move faster and get closer to its customers as it meets “systemic” challenges. Prabhakar Raghavan, senior vice president at Google responsible for search, assistant, geo, ads, commerceand payments products, told employees this during an all-hands meeting in March, CNBC reported Tuesday (April...

Interviews & Exclusives
Brazilian Shoppers Surpass US, UK Counterparts in P2P Payments

April 24, 2024
Despite outsized growth in Click-and-Mortar™ shopping opportunities in Brazil during the last three years, retailers there still don’t offer 39% of the digital features consumers want.  This is just one finding from PYMNTS Intelligence’s “2024 Global Digital Shopping Index: Brazil Edition,” which was commissioned by Visa Acceptance Solutions and drew on insights from 2,200 consumers and […]

Travel Spending May Get a Bounce Into the Holidays With BNPL and Rewards

October 20, 2023
Summer’s over. Beach getaways are a thing of the past. And now the holidays approach. Jacqueline White, president at i2c, and Ray Chalub, COO of Inter & Co., told PYMNTS...

Mexico and Peru to Follow Brazil’s Real-Time Payments Footsteps

June 18, 2023
Despite large proportions of unbanked households hampering real-time payments adoption in Latin America, some countries in the region are expected to see massive real-time payments growth in the coming years. ...

PIX, Pickup and Apps: The New Face of Retail Shopping in Brazil

June 02, 2023
PIX. Mercado Pago. Pickup. Apps. Data protection. These are a few of the digital shopping trends and payment options that are key to winning customers in Brazil — one of...

Quick Reads
Nubank Marks 100 Million-Plus Digital Banking Customers

May 08, 2024
Brazilian digital bank Nubank now has more than 100 million customers. The company announced the achievement in a Wednesday (May 8) press release, saying it was the first digital banking platform to mark this milestone outside of Asia. “In 2013, we had set ourselves the ambitious goal to reach 1 million customers in five years, which seemed almost impossible at the […]

EBANX Teams With Brazil’s FastSpring to Expand Pix Usage

April 25, 2024
FastSpring and EBANX have teamed to expand the usage of the Pix payment in Brazil. FastSpring, based in Brazil, powers payments for global Software-as-a-Service and software companies. EBANX is a tech company focusing...

Financial Infrastructure Platform QI Tech Achieves Unicorn Status

April 25, 2024
Brazilian FinTech QI Tech has achieved unicorn status after extending its Series B round. With this extension, the firm raised additional equity with current investor General Atlantic and Across Capital,...

Google Aims to Move Faster to Meet ‘Systemic’ Challenges

April 23, 2024
Google aims to move faster and get closer to its customers as it meets “systemic” challenges. Prabhakar Raghavan, senior vice president at Google responsible for search, assistant, geo, ads, commerceand...