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Tag: PicPay

Fintech Clara launches payment accounts in Brazil, aims for $1B in transactions

Fintech unicorn Clara continued to expand its offering in Brazil by launching a high-yield payment account in the country, unveiling another chapter of its...

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PicPay expands into corporate benefits sector to adapt to Brazil’s evolving market conditions.

PicPay, a Brazilian digital wallet and payment platform, has recently announced its expansion into the corporate benefits sector. This move comes as a response...

Creditas closes in on breakeven, reports $40M loss in Q4

Creditas, one of Brazil’s largest lending unicorn companies, posted a net loss of 209 million reais ($40 million) in the fourth quarter of 2022....

PicPay reports first profits and anticipates break-even in Q4

Brazilian digital bank PicPay, the financial arm of the J&F group, reversed the negative result of $98 million suffered last year by reporting a...

PicPay authorized to increase capital to $646 million

Payment fintech PicPay recently announced that it has received authorization from the Brazilian Central Bank to increase its capital by $28 million, raising it...

Fintechs in Brazil take cautious approach to lending as delinquencies rise

Large fintechs in Brazil are taking a cautious approach to credit, despite its potential to generate more significant income, in the face of rising...

PicPay doubles bets on P2P lending to boost credit in Brazil

Last month, Brazil’s PicPay, one of the largest digital wallets by the number of users, launched its peer-to-peer lending business for companies. It...

BlackBull Markets

BlackBull Markets broker review and analysis show the global forex broker was founded in 2014. The company is reportedly regulated by the Financial Markets...

Brazilian PicPay Launches Crypto Exchange With Paxos

Brazilian PicPay launches crypto exchange as the first step in integration with Paxos, in order to educate 30 million clients about digital assets, including...

Picpay to Offer Cryptocurrency Services in Brazil to More Than 60 Million Customers

Picpay, one of the most popular payments fintech companies in Brazil, has announced that it will start including cryptocurrency services in its app. The...

Brazilian payments app PicPay to launch crypto exchange and stablecoin

Brazilian fintech PicPay is to launch a stablecoin and cryptocurrency exchange as part of a drive to make crypto more accessible in the country. The...

Brazil’s Largest Payments App To Enable 65 Million Users To Buy Bitcoin

Brazil’s largest digital payments app, PicPay, is set to enable its over 65 million users to purchase bitcoin on its platform. It is unclear...

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