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Brazil

Web Summit Rio 2024 Highlights Women and AI in Tech

The event in Rio de Janeiro draws 40,000 daily, showcasing startups and discussing AI's role in global issues.

April 17, 2024

Toku secures $9.3M Series A to streamline recurring payment collection in Mexico

Gradient Ventures leads round, with participation from Wollef, to fuel expansion in Mexico, Chile, and Brazil

April 16, 2024

Nubank to Launch Mobile Operator Using Claro's Network

Nubank plans to expand beyond banking with a new MVNO service approved by Anatel, leveraging Claro’s infrastructure.

April 16, 2024

PicPay Debuts Card Machines to Target Entrepreneurial Client Base

Aiming to expand its offerings for corporate clients, PicPay launches POS and TEF machines after posting its first-ever profit in...

April 16, 2024

PayRetailers obtains payment institution license from Brazil's Central Bank

The approval enables the company to offer new services to local and cross-border clients, including the recently regulated online gaming...

April 9, 2024

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