Recurring payments feature to draw $30b in payments to Brazil’s Pix
The new feature, Pix Automático, is expected to launch in June and will allow users to automate the payment of utilities, streaming...
News by FinTech Collective
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Nubank ended 2020 with BRL 230m of net loss and a fifth of all keys registered on PIX in Brazil
Nubank released its financial results for 2020; the Brazilian fintech reported 28 million keys registered on PIX, Brazil's instant...
Pix takes off in Brazil, bringing opportunity and competition
Brazilian banks and fintechs are taking advantage of the new instant payments system to integrate transactions frictionlessly into...
Brazil Central Bank has requests from 140 institutions to participate in new PIX instant payments system
Deadline for joining the instant payment system is June 1, scheduled for launch in November. There will likely be a new opportunity to...
Multi-bank instant payments accelerate in Latin America
Banks are joining forces in Brazil, Mexico and Peru to develop instant payments systems that work cheaply and effectively across a wide...
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