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The chief of Brazil’s central bank Roberto Campos Neto has said he believes credit cards are on the brink of extinction due to growth in account-to-account based open payments.
Brazil-based online credit marketplace FinanZero has closed its fourth round of funding on $4m.
Brazil-based Solfácil, which lets people invest into solar energy, has reportedly raised €100m in a funding round.
Based on the pace of investments in the first three months of 2021, FinTech deal activity in Latin America is on track to...
Brazilian digital bank Neon has received a $300m investment from Spanish multinational financial services provider.
Brazilian InsurTech startup 180° Seguros has netted $31.4m in its Series A funding round, which was led by 8VC.
Brazilian bank Itaú Unibanco is set to acquire a stake in digital and cloud-based brokerage firm Ideal.