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Brazil
Democratizing Investing: A Revolution in the Making?
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Crypto for the Unbanked: Can Digital Currencies Solve Financial
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Wealthtech and the Democratization of Investing
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Democratizing Investing: A Revolution in the Making?
Education Center
Crypto for the Unbanked: Can Digital Currencies Solve Financial
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Retail FX
eToro Opens Up All Assets to Brazilian Users, Exempts Forex CFDs
The network's Brazilian customers can now trade stocks, ETFs and CFDs.
eToro cited regulatory stumbling block for exemption of FX CFDs.
Friday, 10/02/2023 | 12:39 GMT
by
Solomon Oladipupo
Institutional FX
Edgewater Markets Opens New Office in São Paulo, Brazil
The company already has a presence in the region with an office in Mexico.
The demand for its products is growing extensively in the region.
Thursday, 26/01/2023 | 06:46 GMT
by
Arnab Shome
CryptoCurrency
Crypto Exchange Bitget Introduces Brazilian Real Trading Pairs
The new pairs include USDT/BRL, ETH/BRL and BTC/BRL.
Bitget launched its Brazilian operations over a week ago.
Friday, 25/11/2022 | 20:46 GMT
by
Solomon Oladipupo
News
Ripple Enhances Global Presence, Launches RippleNet’s ODL in Brazil
The company has announced a partnership with Travelex Bank.
In July 2022, Ripple collaborated with Fomo Pay.
Saturday, 20/08/2022 | 08:34 GMT
by
Bilal Jafar
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News
XP Inc to Launch Crypto Trading Platform in August
The platform is expected to be released by mid-August.
XP has around 3.6 million customers as of press time.
Monday, 25/07/2022 | 17:24 GMT
by
Felipe Erazo
News
XP Inc to Launch a Crypto Trading Platform Jointly with Nasdaq
The platform is dubbed 'XTAGE'.
XTAGE is expected to be operational by the end of Q2 of 2022.
Thursday, 12/05/2022 | 21:18 GMT
by
Felipe Erazo
Payments
Ebury Acquires Bexs to Expand Global Payments Offering
The move will enhance Ebury’s presence in Brazil.
The acquisition is subject to regulatory approval.
Thursday, 12/05/2022 | 07:27 GMT
by
Bilal Jafar
News
Brazil’s Nubank Launches Crypto Services with Paxos Partnership
The digital bank is initially offering services with Bitcoin and Ethereum.
It has plans to further expand the list of offered digital assets.
Thursday, 12/05/2022 | 05:20 GMT
by
Arnab Shome
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Executive Moves
Neon Selects Koji Pereira as Chief Design Officer
Pereira has over 20 years of experience in the design field.
He previously worked as Senior Product Design Manager at Twitter.
Tuesday, 12/04/2022 | 06:12 GMT
by
Bilal Jafar
News
Brazilian Fintech Stark Bank Secures $45 Million in Investment Round
Bezos Expeditions participated in the funding round.
The fintech raised $13 million four months ago.
Monday, 11/04/2022 | 17:26 GMT
by
Felipe Erazo
News
Tribal Collaborates with Brazil’s a55
The companies have partnered to democratize financing in Latin America.
The collaboration will provide better credit alternatives to entrepreneurs.
Saturday, 09/04/2022 | 12:35 GMT
by
Bilal Jafar
Executive Moves
Revolut Names Glauber Mota as Brazil CEO Ahead of Country Launch
He brings 16 years of financial industry experience to the new role.
The launch date of the platform in the country is not out yet.
Wednesday, 30/03/2022 | 07:27 GMT
by
Arnab Shome
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Retail FX
Itausa Sells Stake in XP, Now Holds 11.51% in Total Capital
The investment firm sold 12 million class A shares.
Itausa pointed out that it could still sell an additional 24 million shares in XP.
Wednesday, 23/03/2022 | 19:19 GMT
by
Felipe Erazo
Institutional FX
TP ICAP Launches Energy Broker Platform in Brazil
TP ICAP developed the energy broker platform to promote renewable energy use.
The Platform enables market players to develop low-cost energy supply options for customers.
Monday, 14/02/2022 | 16:00 GMT
by
Nicholas Otieno
CryptoCurrency
Binance Lands Sponsorship Deal with Brazil’s Soccer League Paulistão Sicredi
Binance formed sponsorship deal with Brazil’s professional football league.
The crypto exchange works to expand its reach in the country.
Tuesday, 18/01/2022 | 03:30 GMT
by
Nicholas Otieno
FinTech
Brazilian Brokerage XP to Acquire Local Investment Bank Banco Modal
Brazilian broker XP is acquiring the local bank, Banco Modal
XP agrees to buy 100% of Banco Modal
Friday, 07/01/2022 | 19:29 GMT
by
Nicholas Otieno
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Institutional FX
Brazil Central Bank Waters Down Tougher Rules on Fintech Firms
Brazil central bank considers rejecting tougher regulations on fintech companies.
Fintechs firms promote competition and financial inclusion.
Thursday, 23/12/2021 | 08:12 GMT
by
Nicholas Otieno
News
Worldline Inks Partnership with Brazil’s Bexs Pay
Companies have collaborated to increase online payments in Brazil.
Digital adoption has jumped significantly in Brazil during the last few years.
Tuesday, 14/12/2021 | 12:49 GMT
by
Bilal Jafar
FinTech
Getnet Brazil to Begin Trading in Sao Paulo and New York Stock Exchanges
The B3 stock exchange's trading will start on October 18, and the Nasdaq stock exchange's trading will begin on October 22.
Wednesday, 06/10/2021 | 21:11 GMT
by
Felipe Erazo
Institutional FX
Trading Infrastructure Provider CQG Partners with Brazil’s B3
CQG can now offer trading data from the Brazilian markets.
Monday, 30/08/2021 | 12:50 GMT
by
Arnab Shome
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Thought Leaders
As COVID-19 Hits Brazil Again, Commodities Markets See Flight
The pandemic shows it is not over yet and pressure on economic activity has moved to the commodities market.
Saturday, 31/07/2021 | 12:00 GMT
by
Finance Magnates Staff
News
Brazil Approves the First Ether ETF Listed in Latin America
The new fund will trade under the ticker 'QETH11' in the B3 stock exchange.
Wednesday, 14/07/2021 | 18:07 GMT
by
Felipe Erazo
News
Brazil Police Arrest ‘Bitcoin King’ for $300 Million Fraud
His company defrauded more than 7,000 investors.
Tuesday, 06/07/2021 | 08:04 GMT
by
Arnab Shome
News
Brazil’s BS2 Bank and Fintech Firm WEEL Announce Merger
Banco BS2 is planning to become the first B2B neobank in Brazil.
Tuesday, 08/06/2021 | 12:37 GMT
by
Bilal Jafar
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Institutional FX
Avelacom Bolsters Brazil Presence with ITDN Acquisition
ITDN will now operate under the new parent’s global team.
Wednesday, 28/04/2021 | 10:40 GMT
by
Arnab Shome
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