Tag: brazilian fintechs

RIO DE JANEIRO, BRAZIL - Rising interest rates and stricter rules imposed by the Brazilian Central Bank have increased the pressure against fintechs, especially small and medium-sized ones. Still, the scenario remains promising for the sector in Latin America's...
RIO DE JANEIRO, BRAZIL - BBVA announced Monday an investment of US$300 million in the Brazilian digital bank Neon, where it already had an 8% stake through the private equity fund Propel. The new purchase raises the Spanish entity's...
RIO DE JANEIRO, BRAZIL - For years, Brazilian banks have been cashing in on hefty transaction fees. That is (almost) over now. But debit and credit cards are also in danger of being overrun by PIX. PIX, the new instant...

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