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Brazil
Europe's Economic Crossroads: Recession Fears and S&P Global's
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Will Blockchain Technology Mark a Turning Point in Fraud
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Executive Moves
Neon Selects Koji Pereira as Chief Design Officer
2022-04-12T08:12:30.388+02:00
Pereira has over 20 years of experience in the design field.
He previously worked as Senior Product Design Manager at Twitter.
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Brazilian Fintech Stark Bank Secures $45 Million in Investment Round
2022-04-11T19:26:00.000+02:00
Bezos Expeditions participated in the funding round.
The fintech raised $13 million four months ago.
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Tribal Collaborates with Brazil’s a55
2022-04-09T14:35:16.975+02:00
The companies have partnered to democratize financing in Latin America.
The collaboration will provide better credit alternatives to entrepreneurs.
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Executive Moves
Revolut Names Glauber Mota as Brazil CEO Ahead of Country Launch
2022-03-30T09:27:14.334+02:00
He brings 16 years of financial industry experience to the new role.
The launch date of the platform in the country is not out yet.
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Retail FX
Itausa Sells Stake in XP, Now Holds 11.51% in Total Capital
2022-03-23T21:19:00.000+02:00
The investment firm sold 12 million class A shares.
Itausa pointed out that it could still sell an additional 24 million shares in XP.
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Institutional FX
TP ICAP Launches Energy Broker Platform in Brazil
2022-02-14T18:00:00.000+02:00
TP ICAP developed the energy broker platform to promote renewable energy use.
The Platform enables market players to develop low-cost energy supply options for customers.
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CryptoCurrency
Binance Lands Sponsorship Deal with Brazil’s Soccer League Paulistão Sicredi
2022-01-18T05:30:32.000+02:00
Binance formed sponsorship deal with Brazil’s professional football league.
The crypto exchange works to expand its reach in the country.
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FinTech
Brazilian Brokerage XP to Acquire Local Investment Bank Banco Modal
2022-01-07T21:29:39.017+02:00
Brazilian broker XP is acquiring the local bank, Banco Modal
XP agrees to buy 100% of Banco Modal
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Institutional FX
Brazil Central Bank Waters Down Tougher Rules on Fintech Firms
2021-12-23T10:12:48.058+02:00
Brazil central bank considers rejecting tougher regulations on fintech companies.
Fintechs firms promote competition and financial inclusion.
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News
Worldline Inks Partnership with Brazil’s Bexs Pay
2021-12-14T14:49:03.263+02:00
Companies have collaborated to increase online payments in Brazil.
Digital adoption has jumped significantly in Brazil during the last few years.
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FinTech
Getnet Brazil to Begin Trading in Sao Paulo and New York Stock Exchanges
2021-10-06T23:11:06.000+02:00
The B3 stock exchange's trading will start on October 18, and the Nasdaq stock exchange's trading will begin on October 22.
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Institutional FX
Trading Infrastructure Provider CQG Partners with Brazil’s B3
2021-08-30T14:50:14.000+02:00
CQG can now offer trading data from the Brazilian markets.
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Thought Leaders
As COVID-19 Hits Brazil Again, Commodities Markets See Flight
2021-07-31T14:00:02.000+02:00
The pandemic shows it is not over yet and pressure on economic activity has moved to the commodities market.
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News
Brazil Approves the First Ether ETF Listed in Latin America
2021-07-14T20:07:38.000+02:00
The new fund will trade under the ticker 'QETH11' in the B3 stock exchange.
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News
Brazil Police Arrest ‘Bitcoin King’ for $300 Million Fraud
2021-07-06T10:04:00.000+02:00
His company defrauded more than 7,000 investors.
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News
Brazil’s BS2 Bank and Fintech Firm WEEL Announce Merger
2021-06-08T14:37:15.000+02:00
Banco BS2 is planning to become the first B2B neobank in Brazil.
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Institutional FX
Avelacom Bolsters Brazil Presence with ITDN Acquisition
2021-04-28T12:40:20.000+02:00
ITDN will now operate under the new parent’s global team.
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News
Top Brazilian Bitcoin Exchange Plans International Expansion
2021-01-22T11:07:25.000+02:00
The exchange is planning to enter Chile, Mexico and Argentina.
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Technology
Genesis, XP Investments Launch FX Prime Trade Capture App
2021-01-21T10:00:52.000+02:00
The application supports FX Option trade capture, as well as spot, forwards, swap, NDFs and interest rate swaps deals.
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Technology
Brazil’s B3 Exchange Deploys Low-code Technology from Genesis
2020-12-16T09:59:38.000+02:00
B3 taps into Genesis’ Proof-of-Concept (PoC) to process and test millions of real-time post-trading allocation messages.
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Institutional FX
Avelacom Announces Partnership with the Brazilian Stock Exchange
2020-12-15T13:02:24.000+02:00
The connectivity provider collaborated with the exchange to enable firms to improve price discovery and arbitrage strategies.
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Thought Leaders
INFINOX Brings Affordable S&P Micro Futures Trading to South America
2020-12-07T12:30:41.000+02:00
UK-based CFD provider Infinox now offers Brazilian investors access to S&P 500 Micro futures.
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Brokers
Itaú Unibanco Spines off its 46pct Stake in Brazilian Broker XP
2020-11-27T00:35:29.000+02:00
Unibanco board has floated plans earlier this month to form a new entity to unlock value in the bank’s XP ownership.
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Brokers
Brazil's XP Joins No-Fee Trading Craze as Rivals Race to Bottom
2020-09-14T17:20:17.000+02:00
XP’s CEO Guilherme Benchimol said the commissions cut would cost the broker two percent of total gross revenue.
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Brokers
Brazil’s B3 Exchange Appoints Infinox to Make Markets for Forex Futures
2020-09-09T23:58:43.000+02:00
Infinox Capital now allows Brazilian investors to trade FX and interest rate products in their home market.
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See more
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