Saturday, May 26, 2018
Tags Brazil

Tag: Brazil

Brazilian central bank draws on Big Tech support

The Central Bank of Brazil has opened an innovation laboratory for creating new financial applications with the support of Amazon Web Services, Microsoft and IBM. Read more: www.finextra.com

Morgan Stanley bets on Brazil’s FinTech lending boom

Morgan Stanley is following Goldman Sachs in lending to Brazil’s healthy fintech industry in search of higher yields. Read more: www.bankingtech.com

Brazilian digital bank Neon closes $22m Series A

Brazil-based digital bank Neon has closed its Series A round on $22m. Read more: fintech.global

Brazilian group Febraban reveals blockchain tests

Febraban, the Brazilian Federation of Banks with over 120 associated banks, is actively exploring and researching blockchain technology. Read more: www.ccn.com

Brazil’s Nubank introduces facial biometrics to increase security

The FinTech is using the technology to prevent identity fraud in credit card requests, Read more: www.zdnet.com

Valor Capital raises up to $56m for its second venture vehicle

Valor Capital, a firm focused on US and Brazil cross-border opportunities, has raised up to $56m for its second venture capital fund, which has a goal of $100m. Read more: fintech.global

Brazil brokerage firm may launch OTC bitcoin exchange

Brazil is home to half of South America’s population and wealth, and right now, the country’s largest investment broker firm may be primed to Read more: bitcoinmagazine.com

General Atlantic eyes Brazilian lending startup

General Atlantic is reportedly in talks to buy a minority stake in Brazilian online lending startup Geru Tecnologia e Serviços SA.  fintech.global

Santander Innoventures makes first investment into Brazil

Brazil-based Creditas has increased its Series C funding round to $55m, with Vostok Emerging Finance leading the round. Read more: fintech.global

Brazil regulators move to block Bitcoin mining investments

The Brazilian Securities and Exchange Commission has declared a bitcoin mining company to be unlawfully offering securities. Read more: www.coindesk.com