Central bank of Brazil plans launch of QR-based instant payments system PIX
All banks with more than 500,000 customers will have to use the new system.
All banks with more than 500,000 customers will have to use the new system.
LatAm has seen 17 companies and two VCs secure funding from the Japanese conglomerate.
FinTech Futures speaks to its CEO Délber Lage about its platform and future plans.
The fintech is testing the digital wallet with 10,000 customers.
It’s been a record year for fundraising across the challenger bank space.
The bank says it has already cut its emissions by 27% since 2011.
Founders Igor Senra and Leo Mendes created MOIP which was bought by Wirecard in 2016.
This is the Latin American start-up’s fourth financing round.
Last year Brazil’s far-right president, Jair Bolsonaro, tried to stop LGBTI+ films.
Neon currently has 2 million active users.
Russian official says the association is looking to reduce reliance on USD.
SoftBank bought a 14.9% stake in Banco Inter earlier this year.
The fintech has reached decacorn status with a $10 billion valuation.
The stock exchange’s members can access the NYFIX portal.
As it announces plans to expand to Mexico and Argentina.
Acesso issues prepaid cards for the underbanked.
AI solution overcomes the difficulties of verifying Brazilian ID.
It has also partnered with Cielo and Zurich Insurance.
Some of this week’s news, in video format!
The Brazilian lendtech provides credit with houses or vehicles as collateral.
The two companies expect to process more than 15 billion transactions this year.
Banco Votorantim in Brazil, Ghazanfar Bank in Afghanistan, Prince Bank in Cambodia, and FEDinvest in Albania.
It’s also planning its delayed launch in the US this year.
ReitBZ is a security token offering designed for nation’s real estate market.
It has its licence and is now testing out functionalities
Brazilian bank expanding pilot throughout its branches.
Taking the place of Samsung and Google Pay.
The release is “another piece of the jigsaw that was missing”.
Proof of concept used R3’s Corda Connect platform.
The “first Brazilian bank to offer a 100% digital checking account”.
Planned service between Japan and Brazil will use Ripple’s technology.
Takes the bank’s valuation to a lively $4 billion.
Love lingers as they plan to expand commercial relationship in Brazil.
To tackle financial inclusion, LatAm’s banking industry needs to undergo changes and disruption.
Everyone wants to become more attractive in Brazil.
Two-month migration for Brazilian prepaid card issuer BPP.
Bradesco and Banco do Brasil jointly launch new venture. Tech provided by Technisys.
The rise and rise of LatAm fintech.
Reaches milestone in six months.
Kakau onboards American Life and Societe Generale in Brazil; plans to enter Europe in 2020.