Tag: Brazil

Zoop, a Brazilian B2B FinTech services provider, has secured BRL $60m ($10.9m) in a funding round to support the rollout of new services.

Brazilian challenger bank Nubank has reportedly raised $300m in new funds, according to a filing with the U.S. Securities and Exchange Commission.

Neon Pagamentos, a Brazilian neobank, has closed its Series C round on $300m as it looks to build new features.

Brazil-based SuperSim has reportedly netted $5.6m in a debt financing round, which will help more consumers in Latin America access funding.

Magnetis, which offers Brazilian investors a wealth management solution, has reportedly raised $11m in its new funding round as it looks to become a full-service brokerage.

Brazil-based FitBank, which provides financial services solutions for companies, has reportedly been acquired by JP Morgan, for an undisclosed amount.

Swap, a Brazilian FinTech helping companies access payments, has reportedly raised $3.3m in a funding round.

Mobile payments fraud-prevention and authentication provider Paygilant has been tapped by digital bank Surf Bank Brazil to help it fight fraud.

FinTech in Latin America is getting really hot and RS2 has taken steps to not miss out on the opportunities in the region.

WhatsApp rolled out its mobile payment services in Brazil last week, but has already been suspended by the central bank.