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Tag: Brazil

U.S. to consult experts from Canada, other countries on post-COVID-19 travel

From Global News – link to source story By David Shepardson  Reuters | June 8, 2021 The Biden administration is forming expert working groups with Canada, Mexico, the European Union and...

Airbus Helicopters to acquire ZF Luftfahrttechnik to boost MRO capabilities

<!-- NLA0M3 Polaris Cordless Cap Lamp US $ 275.00 by Northern...

Gol to acquire regional carrier MAP Linhas Aéreos

GOL Linhas Aéreas Inteligentes S.A. has announced it has entered into an agreement to acquire MAP Transportes Aéreos Ltda. (MAP Linhas Aéreos), a...

Dash Makes an Investment in Brazilian Startup Venture 88i

Dash Investment Foundation (DIF), known to be the foremost memberless and ownerless investment fund, recently announced investing R$1.4 million or $250,000 in Brazil’s first online digital insurance firm, 88i Seguradora Digital. Established by Rodrigo Ventura in the year 2018, 88i is an insurance venture that operates online. The startup venture provides unique insurance services by …

European neobroker Scalable Capital raises $180M+ at a $1.4B valuation

Neobrokers — startups that are disrupting the investment industry by providing a platform for a wider range of consumers to partake in the...

Bitcoin Hater Warren Buffett Invests $500 Million in Digital Bank Offering Crypto Products

Warren Buffet’s Berkshire Hathaway has made a $500 million investment in the parent company of the privately-held digital bank Nubank, which has been offering cryptocurrency investment products to its users. According to CNBC, Nubank is a private bank based in Brazil that was founded in 2013, and has roughly 40 million customers. The company’s CEO […]

Domino Effect: Which Countries Will Adopt Bitcoin Next?

Both El Salvador and Paraguay have signaled their pro-Bitcoin intent. But as pointed out by @GaryLeland, Brazil and Panama have also declared an interest in following suit. The list keeps growing. El Salvador, Brazil, Paraguay, and Panama are moving to #Bitcoin. Who is next? — 🅖🅐🅡🅨 🅛🅔🅛🅐🅝🅓 The Bitcoin Boomer (@GaryLeland) June 8, 2021 This […]

NuBank’s $750 Million Funding Round Proves Digital Challengers Are Still in the Game

Digital banking giant NuBank is about to become even more gigantic. That’s because the Brazil-based pulled in $750 million in Series G...

Most cities in São Paulo state have low potential capacity to adapt to climate change

Cities located in metropolitan areas of this Brazilian state score better according to an index that measures the existence of public policies designed...

Berkshire Hathaway invests $500M in Brazilian digital bank

Though its billionaire owner has personally spoken out against digital assets many times, Berkshire Hathaway's investment may indicate the firm is more open to the idea.

Berkshire Hathaway invests $500m in Nubank

Berkshire Hathaway is pumping $500 million into Brazilian digital banking behemoth Nubank as part of a $750 million Series G funding round...

Brazil’s BS2 Bank and Fintech Firm WEEL Announce Merger

Banco BS2 is planning to become the first B2B neobank in Brazil.

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