PIX

PayPal-Backed Ume Raises $15 Million to Expand Payment Network
PayPal-Backed Ume Raises $15 Million to Expand Payment Network
September 04, 2024  |  Investments

Brazilian FinTech Ume has raised $15 million in a Series A funding round to expand its payment network and merchant services platform for small and...

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Exclusive: Mercado Pago CEO on Building Brazil’s Biggest Digital Bank
Exclusive: Mercado Pago CEO on Building Brazil’s Biggest Digital Bank
August 16, 2024  |  Digital-First Banking

Most countries measure banking activity in terms of where and how it happens. Hence distinctions such as in-branch, ATMs, online and mobile. But in Latin...

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Nuvei Set to Acquire Brazil’s Pay2All
Nuvei Set to Acquire Brazil’s Pay2All
August 05, 2024  |  Acquisitions

Canadian payments FinTech Nuvei is set to acquire Brazilian payments institution Pay2All. The deal, announced Monday (Aug. 5), is designed to expand Nuvei’s capabilities in...

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Exclusive: Matera Builds on Pix Success With Digital Twins and QR Codes in US Expansion
Exclusive: Matera Builds on Pix Success With Digital Twins and QR Codes in US Expansion
July 23, 2024  |  Real-Time Payments

The eternal debate in financial services technology boils down to build vs. buy,  and whether to rip and replace core banking operations. Banks have invested...

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Brazil’s Central Bank Delays Launch of Pix Recurring Payments Feature
Brazil’s Central Bank Delays Launch of Pix Recurring Payments Feature
July 22, 2024  |  Real-Time Payments

Brazil’s central bank has delayed the launch of a recurring payments feature that will be added to its Pix instant payment system. The feature, Automatic...

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Matera Gets $100 Million to Expand Banking Software Footprint
Matera Gets $100 Million to Expand Banking Software Footprint
July 17, 2024  |  Digital-First Banking

Banking software provider Matera has landed a $100 million investment from growth investor Warburg Pincus.  The new funding, announced in a news release Wednesday (July...

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OpenPayd Launches Instant Payments on Brazil’s Pix Network
OpenPayd Launches Instant Payments on Brazil’s Pix Network
July 14, 2024  |  Real-Time Payments

OpenPayd says its clients can now make transactions via Pix, Brazil’s real-time payment network. The new offering, announced by the embedded finance infrastructure provider last...

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PagBrasil Makes Its Move on International Payment Scene
PagBrasil Makes Its Move on International Payment Scene
June 24, 2024  |  Cross-border Payments

Ultimately, it is the behavioral expectations of end-users that drive payments advances forward. And increasingly, what end-users want are streamlined, expedited and intuitive ways to...

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Meta Platforms to Introduce Free AI Chatbots on WhatsApp
Meta Platforms to Introduce Free AI Chatbots on WhatsApp
June 07, 2024  |  Meta

Meta Platforms, the parent company of Facebook, is planning to introduce free artificial intelligence (AI) chatbots on WhatsApp as part of its strategy to monetize...

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