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Tag: digital banking brazil

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 - Bitcoin (BTC) has grown as a means of payment and has even been adopted as the official currency of El Salvador, but, in the assessment of the Brazilian Central Bank (BC), it should not...
RIO DE JANEIRO, BRAZIL - Brazil and Colombia are the two Latin American countries where traditional banking has yielded the most to the offer of neo-banks. According to the XI Means of Payment Trends Report, both countries have the...
RIO DE JANEIRO, BRAZIL - U.S. bank J.P. Morgan has acquired a 40% stake in Brazilian digital bank C6 Bank for an undisclosed amount. Founded in 2019 by former BTG executives, C6 has more than 7 million customers and...

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