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The Administrative Council for Economic Defense (CADE) and the CentralBank of Brazil (BCB) have officially approved the acquisition of Transfeera , a fintech specialised in paymentsolutions for businesses, by PayRetailers , a leading payments processor in Latin America and Africa.
The CentralBank of Brazil has authorised the digital payments organisation, PagBrasil to operate as a paymentinstitution (PI) in the electronic money issuer category. This achievement marks a significant milestone for PagBrasil as the digital paymentssolutions market continues to grow.
Global payments platform, Paysafe will now be able to expand its payment partnerships in Latin America (LatAm) to iGaming operators following approval from the CentralBank of Brazil (BCB) for a paymentinstitution licence.
It has been a busy few days for the CentralBank of Brazil as it announces another company has acquired a paymentinstitution (PI) licence. A company following suit but taking PIX in a different direction is AstroPay , the digital financial solution provider.
The Administrative Council for Economic Defense (CADE) and the CentralBank of Brazil (BCB) have officially approved PayRetailers , the payments processor in Latin America and Africa, to acquire Transfeera , a fintech focused on paymentsolutions for businesses.
Paysafe (NYSE: PSFE), a global payments platform, today announced that it has received approval from the CentralBank of Brazil (BCB) for a paymentinstitution (PI) license for the countrys launch of its regulated online sports-betting and gambling market.
AstroPay , a global leader in digital financial solutions, is redefining financial connectivity in Brazil with its strategic expansion and acquiring a coveted PaymentInstitution (PI) license issued by the CentralBank of Brazil.
Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announces that it has entered into a definitive agreement to acquire Pay2All Instituição de Pagamento Ltda. (“Pay2All”), a licensed PaymentInstitution authorized by the CentralBank of Brazil.
Transfeera , a PayRetailers company specialising in paymentsolutions for businesses, is enhancing its Pix payment capabilities to help betting operators in Brazil adapt to new sports betting regulations. The new rules mandate that payments be processed exclusively through bank accounts registered to individual bettors.
Since its launch, Pix has become a widely adopted payment method in Brazil, with over 173 million registrations and more than 155 million people using it to make payments online and in physical stores via mobile phones. This achievement marks a significant milestone in the expansion of digital paymentsolutions.
Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has announced that it has obtained a Major PaymentInstitution (Major PI) licence from the Saudi CentralBank (SAMA) that will strengthen the acquirer’s foothold in the Kingdom.
money transmitter licenses, a Major PaymentInstitution License from the Monetary Authority of Singapore , and a Virtual Asset Service Provider registration with the CentralBank of Ireland. The stablecoin, along with XRP, will be integrated into Ripple’s paymentsolutions to serve enterprise customers globally.
Singaporean paymentinstitution FOMO Pay and United Arab Emirates’ digital bank Zand have partnered to improve cross-border payment efficiency between Asia and the Middle East and North Africa (MENA) region. The company said that it is focused on building financial connections between Asia and global markets.
With over two million POS devices, a significant portion now facilitating in-store contactless payments, and more than 90 million active online banking customers, Trkiye demonstrates robust digital financial infrastructure. Additionally, Dream Games represents Trkiyes prowess in the gametech sector.
This continued expansion is a step towards Nium’s commitment to revolutionizing the global payments landscape in this strategic region. In 2020, the CentralBank of Brazil launched Pix, a real-time payment system that has rapidly become a key model in the region.
Founded in 2019 and headquartered in Mexico City, Belvo is a leading open finance and data payments platform. With partners including BBVA, Citibanamex, and Finovate alum Nubank , Belvo first launched its direct debit recurring paymentssolution in Colombia and Mexico in the fall of 2023.
Pay2All), a licensed paymentinstitution authorised by the CentralBank of Brazil. The acquisition will allow Nuvei to offer payment services in Brazil as an issuer of electronic currency, gaining Pay2All’s payment licence.
” Founded in 2021, NomuPay offers state-of-the-art, unified paymentsolutions to help businesses scale in high-growth regions in Europe, Asia, and the Middle East. Onchain finance solutions provider Tokeny has teamed up with El Salvador-based Digital Asset Service Provider Ditobanx. ’s FCA.
one of Europe’s leading PayTechs, announced today its partnership with Zimpler, a leading company in instant bankpaymentsolutions, with one of the highest bank coverages in the Nordics. s merchants can now offer customers the option to pay via instant bank transfers at checkout.
Nium , the global real-time cross-border payments provider, is looking to strengthen its presence in Latin America by applying for new payment licenses, joining fintech associations, growing its team, and signing new customers.
The Bangko Sentral ng Pilipinas (BSP), the centralbank of the Philippines, will lift its moratorium on the granting of new digital banking licenses starting on the first of January 2025. The move will allow as many as ten digital banks to operate in the Philippines.
Key benefits of Ripple’s stablecoin include: Ripple specialises in blockchain-based enterprise grade solutions that financial institutions and enterprises need. There is demand from Ripple’s customers in emerging markets to enable stablecoin payouts.
Looking to facilitate international businesses entry into the region, Airwallex acquired a paymentinstitution licence from the Banco Central do Brasil , and finalised the acquisition of MexPago , a Mexico-based payment service provider and an Institution of electronic payment funds (IFPE) licence-holder.
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