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Brazil

In this photo illustration being displayed one hundred and two hundred reais bills and a one reais coin highlighted. The Real is the current money in Brazil.
Jun. 20, 2022

Prolonged strike at Central Bank slows down innovation agenda in Brazil

A drawn-out workers’ strike at Brazil's central bank in protest of wage increases is having an unexpected impact on the fintech industry.
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May. 9, 2022

Brazil moves closer to crypto regulation with Senate vote

Brazil, the largest country in Latin America, is moving closer to regulating cryptocurrencies with its own version of a Bitcoin law.
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Feb. 22, 2022

State of open banking regulation in Latin America

Several LatAm countries moved forward in 2021 with regulatory initiatives seeking to promote competition and data sharing in the industry.

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May. 28, 2020

Santander InnoVentures Invests in a55

Santander InnoVentures has led a $5 million round in the SME lender a55; a55 currently lends in both Brazil and...
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Jan. 27, 2020

N26 Has 250,000 Customers in the US

Last week we reported that N26 crossed 5 million customers but we didn’t have insight into how their US business...
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pix
Jun. 1, 2022

Pix breaks further ground in payments market

As of May 2022, the PIX system had roughly 118 million users, 56% of Brazil's population.

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Apr. 12, 2022

Why unicorn maker Brazil is fertile ground for fintech startups

As of April, the Brazilian economy reached the ninth spot as the country with the highest number of unicorn firms.
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Oct. 14, 2021

Podcast 319: Augusto Lins of Stone Co

I have said many times that Latin America is the hottest region for fintech on the planet. The digital banks...
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Feb. 13, 2020

Peru’s Fintech Scene

Brazil and Mexico are often talked about as fintech booms in Latin America; the size of the industry overall is...
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Aug. 31, 2017

Brazil’s Central Bank Proposes New Fintech Friendly Rules

The Brazilian Central Bank has proposed allowing fintech companies to lend money without taking deposits; the bank is set to hold public hearings for the next two and a half months on the proposed rules; according to Central Bank Director Otávio Damaso the rules do not need congressional approval; the Brazilian fintech industry has grown sixfold in the past few years and now the regulators are looking to make the country more fintech friendly; banks will also be able to create their own fintech arms when the new rules take effect. Source

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