Brazil
JPMorgan Chase Set to Snap up 40% Stake in Brazilian Digital Bank C6
JPMorgan Chase has entered into an agreement for a 40% ownership stake in Brazilian digital bank C6 Bank for an undisclosed sum. Launched in 2019, C6 Bank has reportedly amassed more than 7 million customers on its digital platform. C6
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5 Trends Shaping Brazil’s Fintech Industry in 2021
Brazil, the largest fintech market in Latin America (Latam) and the fifth in the world with more than 750 fintech companies, had a glorious year 2020, and the momentum is expected to continue in 2021. Investment in Brazilian fintech companies
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Brazilian Cross-Border Commerce Platform EBANX Bags US$430 Million Ahead of IPO
EBANX, a Brazilian cross-border commerce platform, announced an investment of US$400 million from Advent International and an additional commitment of US$30 million to the company’s planned IPO in the U.S. Advent has made investments in Vantiv, Worldpay, Nets, Nexi, Planet,
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Nubank Bags US$ 750 Million in Two Series G Extensions, Now Valued at US$30 Billion
Brazilian challenger bank Nubank announced that it has raised a total of US$ 750 million during two extensions of its Series G funding round, raising the round to US$1.15 billion. During the first extension, the challenger bank secured US$500 million
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56 Fintech Billionaires Worth a Combined US$327B in 2021
There are 56 fintech billionaires around the world who combine a total net worth of US$327.7 billion, data curated by Finextra based on Forbes’ 2021 World’s Billionaires list show. These represent some of the world’s biggest and most successful fintech
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Global Mapping: Open Banking Key Players in 2021
Dutch payment news and intelligence the Paypers has released an updated version of its infographic of the global open banking ecosystem in 2021, mapping key solution providers and their core offerings and solutions. The map categories open banking companies in
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An Overview of South America’s Booming Neobanking Sector
South America has seen an exceptionally dynamic evolution of its neobanking landscape, with now more than 30 live neobanks and digital banks that serve over 50 million customers out of the region’s 430 million+ population (+11%), data from Dutch fintech
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Top 20 Neobanks of 2020
Fintech intelligence startup WhiteSight has released its selection of 2020’s top 20 neobanks based on growth and valuation. The list features 20 independent digital banking companies from Europe as well as North and South America which made notable strides last
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Digital Banking Champions Lead in UX, Functionalities and Ecosystem Building
So-called digital banking champions are delivering the best UX in account opening, transfers and buying a credit product. They are also leading their peers in products and personal finance management, as well as in expanding their digital functionalities to provide
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Rapyd Expands Card Acquiring Capabilities in Europe
Rapyd, a fintech-as-a-service company, announced a major expansion of its European platform, adding end-to-end card acquiring capabilities to its payments capabilities. Rapyd now offers a full stack payment acceptance capabilities in Europe including card acceptance through Mastercard and Visa, and
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