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Brazil

InstaCarro raises $10.9M to expand fintech platform and streamline car transactions

Funding round led by Fasanara Capital to support growth, new services, and a push towards profitability

April 9, 2024

Brazil considers social media regulation amid Elon Musk’s defiance of court orders

Attorney-General calls for urgent action as X owner threatens to disobey content removal demands and criticizes Supreme Court justice

April 8, 2024

Lexter.ai raises R$16M to bring AI to law firms

Led by Alexia Ventures, the Series A will fund a freemium model to expand Lexter's AI-powered legal services across Brazil

April 4, 2024

Brazil’s B3 exchange to Launch Bitcoin Futures in Brazil Next Month

set for Bitcoin futures debut, aligns with Nasdaq's reference price.

March 29, 2024

Brazil’s fintech sector is facing a surge in loan defaults, with some portfolios experiencing delinquency rates over 60%.

High delinquency rates challenge startups like Open Co, Nexoos, Gyra+.

March 25, 2024

Guru Spoc Receives Green Light for Open Insurance Operations in Brazil

Fintech to offer digital wallet, insurance aggregation, and comparison services in the land of samba and soccer

March 18, 2024

Nayax Expands Latin American Footprint, acquiring Brazil’s VMtecnologia

VMtecnologia's robust network, serving over 2,400 retailers across Brazil's 27 states and more than 466 cities, now brings an additional...

March 11, 2024

Brazilian Fintech CloudWalk Announces $320.5 Million Revenue, Plans U.S. Expansion with Cutting-Edge Payment Solutions

CloudWalk’s achievement of $320.5 million in revenue and $22.3 million in profits for 2023 highlights its successful year marked by...

March 7, 2024

FinanZero Secures $4M Media-for-Equity Deal with 4Equity

Partnership aims to boost FinanZero's market presence, leveraging 4Equity's advertising network for growth.

March 5, 2024

Lecupon’s Revenue Hits R$1M Monthly

Expanding in the Loyalty Tech Market, the Brazilian Startup Aims to Double Growth in 2024

February 26, 2024