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Didi Global’s 99Pay Secures SCFI License, Intensifying Credit Battle with Nubank, Brazilian Fintechs

Didi Global-owned 99Pay received a key SCFI license from Banco Central, allowing it to raise FGC-protected deposits and expand its credit offerings against rivals like Nubank and PagSeguro.

By Raj Patel

Published
Didi Global’s 99Pay Secures SCFI License, Intensifying Credit Battle with Nubank, Brazilian Fintechs
Illustration — BRZ.news

Didi Global-owned 99Pay received a key SCFI license from Banco Central, allowing it to raise FGC-protected deposits and expand its credit offerings against rivals like Nubank and PagSeguro.

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