Brazil, notorious for its bureaucracy and complexities, has created one of the most efficient payments systems in Latin America, with blow-out numbers proving its success. Banco Central do Brasil rolled…
Nu Pagamentos is heading for IPO this week. The bank has had a meteoric rise in the Brazilian banking firmament which has little precedents. Nubank, as the digital bank founded…
Colombian banks will be among corporates bearing the brunt of the new tax reform, recently submitted by President Iván Duque’s government in an attempt to close the country’s fiscal gap.…
Thiago Maffra, CEO of XP
In 2014, the state of São Paulo, one of Latin America’s most heavily urbanized areas, experienced a particular climate change effect. It suffered a historic drought that lasted for more…
Retail investors’ attempts to engineer a short squeeze like the one seen in the U.S. last week have so far not been successful in Latin America. And it is unlikely…
➤ StoneCo CEO says Linx acquisition will enlarge its market to a pool of acquiring, credit, software clients. ➤ The fintech company expects to begin expanding geographically in 2 years,…
Banks in Colombia would likely withstand a potential sovereign downgrade from its current low-tier investment grade, but they will continue to face strong headwinds in 2021 as loan pressures mount.…
