WhatsApp blindsided by Brazil block on payments
WhatsApp said it had been blindsided by Brazil’s decision to block its digital payments service, just a week after it launched, and...
News by FinTech Collective
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TransferWise receives authorization from Brazil's Central Bank to act as foreign exchange broker
It has been operating in the country since April 2016 as an exchange correspondent for local banks. The approval will greatly reduce...
BizCapital raises $12m in Series B funding
Brazil based online lender BizCapital raised $12m in Series B funding led by DEG , the German development finance institution.
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The capital raised will be directed at accelerating the development of new product offerings to Brazilian SMEs, as well as to continue...…
WhatsApp launches payments, starting in Brazil
After months of talks and trials, WhatsApp has finally pulled the trigger on payments in its app. Users in Brazil will be the first to be...
XP buys control of Brazilian wealthtech company Fliper
XP Inc. bought a majority stake in fintech Fliper, its second acquisition since listing on the stock exchange in December 2019. The...
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