Tagged: brazil

January 22, 2026 @ 2:17 pm By Omar Faridi  |  

Brazil’s central bank has ordered the extrajudicial liquidation of Will Financeira SA Crédito, Financiamento e Investimento, commonly known as Will Bank, a digital banking fintech previously under the control of the now-defunct Banco Master SA. This move marks a significant escalation in the repercussions stemming… Read More

January 20, 2026 @ 1:19 pm By Omar Faridi  |  

Nubank (NYSE: NU) continues to redefine banking by prioritizing customer value through new partnerships in 2026 and tailored digital financial services. As one of Latin America’s digital banks, Nubank has recently unveiled a series of updates that highlight its commitment to financial inclusion, improved user… Read More

January 10, 2026 @ 8:22 pm By Omar Faridi  |  

Brazilian fintech Agibank is encountering significant challenges in its plans to list on a U.S. stock exchange, following a recent regulatory setback from Brazil’s National Social Security Institute (INSS). Agibank, a key player in the consumer credit sector, specializes in a hybrid model that combines… Read More

January 7, 2026 @ 3:54 pm By Omar Faridi  |  

Brazilian digital banking Fintech PicPay has officially filed for an initial public offering (IPO) in the United States. The Amsterdam-incorporated company, poised to rename itself PicS N.V., submitted its registration to the US Securities and Exchange Commission (SEC) on January 5, 2026, paving the way… Read More

December 22, 2025 @ 12:29 pm By Omar Faridi  |  

Nu Asset, Nubank’s (NYSE: NU) investment manager, has recently unveiled the launch the Nu Letras Financeiras da Anbima (NLFA11), which is described in the announcement as its new ETF that arrives in order to complement the fixed-income shelf. The fund is reportedly one of the… Read More

December 6, 2025 @ 5:01 pm By Omar Faridi  |  

As it marks five years of operations, Pix has reached almost 170 million users, according to an update from Brazil’s central bank. Transactions alone totaled BRL 11 trillion in 2024, highlighting its significant impact on the South American country’s financial services landscape. In November 2020,… Read More

December 5, 2025 @ 3:07 pm By Omar Faridi  |  

Nubank (NYSE: NU), which claims to be one of the world’s largest digital financial services platforms, announces its intention to obtain a banking license in Brazil. The inclusion of a banking institution within the conglomerate complies with the provisions of Joint Resolution No. 17, which has… Read More

December 1, 2025 @ 2:34 pm By Omar Faridi  |  

Nubank (NYSE: NU), which claims to be one of the largest digital financial services platforms in the world, announced the hiring of the Dex Labs team. dex Labs is known for developing an AI-enabled data engineering and cloud infrastructure platform that brings together data collection, transformation,… Read More

November 27, 2025 @ 11:46 am By Omar Faridi  |  

KuCoin, a global cryptocurrency platform, has recently announced that its crypto payment arm, KuCoin Pay, has officially integrated with Pix. This latest move now aims to enable millions of Brazilian consumers to more easily convert and spend more than 50 different cryptocurrencies at nearly any… Read More

November 26, 2025 @ 4:57 pm By Omar Faridi  |  

iFood and Nubank (NYSE: NU) are announcing a partnership in order to offer certain benefits to customers who pay with the Nubank credit card or via NuPay on the iFood app. Beginning on Nov 18, users will be able to take advantage of the offer… Read More

November 14, 2025 @ 12:52 pm By Omar Faridi  |  

Nubank (NYSE: NU), one of the world’s digital financial services platforms, announces the launch of products that aim to enable greater autonomy for customers. The Nu Guaranteed Limit (Nu Limite Garantido) and the Limit Mission (Missão Limite) reinforce Nubank’s positioning as “a partner in the… Read More

November 12, 2025 @ 4:49 pm By Omar Faridi  |  

Spreedly, a global enabler of open payments, announced support for Brazil’s Pix Automático and NuPay through EBANX, a technology firm specializing in payment services for emerging markets. Via this collab, merchants gain access to two of Brazil’s payment channels through a single integration. This expansion… Read More

October 29, 2025 @ 10:03 pm By Omar Faridi  |  

OpenAI announced ChatGPT Go in Brazil, a subscription plan intended to give consumers improved access to ChatGPT’s more advanced capabilities with a better package when compared to ChatGPT Plus. The version is said to be a lower-cost alternative between the standard and Plus versions and… Read More

October 20, 2025 @ 2:16 pm By Omar Faridi  |  

Nu Asset Management, Nubank’s (NYSE: NU) investment manager, is introducing the Nu CDI Tesouro Selic B3 (NCDI11), a new fixed income ETF. The solution enables investors to access Letras Financeiras do Tesouro (LFT) – Selic-linked government bonds – tracking the performance of these securities over… Read More

October 13, 2025 @ 8:38 am By Omar Faridi  |  

This past month, Brazil’s Polícia Federal launched Operation Lusocoin, which is described by blockchain intelligence firm TRM Labs as a sweeping investigation into a rather sophisticated criminal network that has been accused of laundering billions of reais via various cryptocurrency transactions. TRM Labs recently revealed… Read More

October 12, 2025 @ 11:24 am By Omar Faridi  |  

PicPay, a Brazilian mobile banking platform under the Batista family’s investment vehicle, is reportedly planning a $500 million initial public offering (IPO) in the United States, aiming for a 2026 debut. This move highlights the company’s aim to tap high-potential global markets. Launched in 2012… Read More

October 4, 2025 @ 11:46 am By Omar Faridi  |  

Brazil based digital assets firm OranjeBTC is set to begin trading via the local stock exchange B3 this coming week as it attempts to challenge the current dominance of Meliuz, which is said to be the first listed company to have incorporated a bitcoin-focused treasury… Read More

September 27, 2025 @ 9:14 am By Omar Faridi  |  

As the supporter of Latin America’s leading economic contributor, the Banco Central do Brasil (BCB) is charting a transformative course for the financial sector in the South American nation of Brazil. Recent announcements underscore this evolution: a reflective celebration of five years of Open Finance… Read More

September 22, 2025 @ 6:31 pm By Omar Faridi  |  

In a move for cryptocurrency adoption in Latin America, Bitget Wallet, a non-custodial cryptocurrency wallet, announced its integration with Pix, Brazil’s widely used instant payment platform. This innovative partnership, facilitated through collaboration with local licensee Aeon, allows Bitget Wallet users to make direct payments using… Read More

September 21, 2025 @ 2:15 pm By Omar Faridi  |  

Brazil’s digital banking platform Nubank (NYSE: NU) continues to focus on bringing together everyday conveniences with practical financial tools. This week, the company made several announcements: first, with a mobility partnership alongside Uber that aims fo savings and surprises for some its customers, and second, the… Read More