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5 results for “Fintech Sector”
PagSeguro Stock Drops 3.14% as Brazil’s High-Rate Environment Continues to Pressure Fintech Sector
Shares of the Brazilian digital payments firm PagSeguro fell Friday, a move tied to investor caution over high funding costs.
Brazil Presidential Candidate Vows Vague ‘Adaptations’ to Widely Used PIX Payment System
Augusto Cury, a leading presidential candidate, promised to alter PIX, fueling uncertainty in the country's multi-billion dollar fintech sector.
Nubank Hits $1.1 Billion Profit, Sets New Benchmark for Latin America’s Fintech Sector
Brazilian digital bank Nu Holdings reports first-ever $1.1 billion quarterly net profit and a leading 33% Return on Equity.
Brazil Crypto Demand Surges 135% to $14.68 Billion, But BCB’s Proposed 24-Hour Hold on Stablecoin Transfers Alarms VASPs
Central Bank of Brazil data shows crypto demand exploded in H1 2026, driven by stablecoins, sparking a regulatory clash over a proposed 24-hour hold on large cross-border transactions.
Ex-Nubank CTO Secures Latin America’s Largest Seed Round for AI Wealth Tech
Decade, founded by former Nubank CTO Vitor Olivier, raised an $85 million seed round to build an AI wealth management platform, validating investor interest in Brazil's fintech sector.