Tag: Brazil
Brazilian RegTech solution IDwall secures $600,000
Brazilian RegTech startup IDwall has secured $600,000 in funding for its document validation, background checking and identity verification solutions. Read more: www.fintechroundup.com
Brazil’s fast-growing FinTechs discuss regulation
FinTech firms in Brazil are grouping to discuss how to regulate the fast-growing sector. Read more: www.reuters.com
Creditas lands $19m to cut Brazilian lending rates
Brazilian lender Creditas Soluções Financeiras has picked up $19m in a Series B round to cut its interest rates. Read more: www.fintechroundup.com
Brazil-based Nubank grabs $80m for digital credit card
Brazilian digital financial services firm Nubank has raised $80m in a Series D round of funding. The investment was led by DST Global. Read more: www.fintechroundup.com
SalaryFits picks up €1.25m to connect banks to payrolls
SalaryFit has raised €1.25m in its first round of funding from Portugal 2020. The company is headquartered in Brazil but is a part of London accelerator Level 39. Read more: www.fintechroundup.com
Microsoft, Banco Votorantim partner on Brazil FinTech
Microsoft Corp (MSFT.O) and Brazilian lender Banco Votorantim are investing together in financial technology startups. Read more: www.reuters.com
Bitcoin a threat to card acquirers and issuers
The rise of bitcoin and blockchain technology could have a profound impact on the card market, hurting acquirers and issuer banks. Read more: www.finextra.com
R3 signs up BM&FBovespa as first exchange member
The rapidly expanding R3 distributed ledger consortium has added its first exchange, in the shape of Brazilian giant BM&FBovespa. Read more: www.finextra.com
How Visa is using mobile payments at the Rio Olympics
In the latest contactless payments development for the Rio Olympics, Visa has partnered with Swatch to introduce an NFC-enabled watch in Brazil. Read More: www.luxurydaily.com
Brazilian bank Bradesco harnesses blockchain
The institution is supporting startups focusing on the technology and planning trials to develop new services. Read more: www.zdnet.com