Registration Now Open for Responsible Finance Forum July 2-3 in Fortaleza, Brazil
Registration is now open for the annual Responsible Finance Forum (RFF) event, convened by the Center for Financial Inclusion at Accion, which will take place July 2-3, 2024 in Fortaleza, Brazil.
Fintech Clara Launches Payment Account in Brazil Eyeing $1 B in Transactions
Latin American fintech Clara has launched a payment account in Brazil that it expects will help it reach $1.23 billion in transactions in 2024.
Vanuatu’s New Payment System to Support Digital Economy and Boost Financial Inclusion
People in Vanuatu are set to benefit from a new national digital payment platform, part of an ongoing transformation of the nation's financial infrastructure to build a modern, resilient financial system.
EBANX Launches Payment Initiator Service for Brazilian Merchants via Pix
International payments in rising markets company EBANX has been authorized by the Central Bank of Brazil to offer a payment initiator service via Brazil’s instant payment platform Pix.
IFC and Itaú Partner in a Gender Bond to Support Women Entrepreneurship in Brazil
The project represents the first gender bond issued by a private bank in Brazil in the form of Letras Financeiras (LFs), an exclusive debt security instrument for local financial institutions.
IFC to Invest BRL 250 Million in Tradepay FIDC to Support Expansion of Retail MSMEs in Brazil, Drive Economic Growth
The investment will help promote greater market competitiveness by bolstering competition in the micro, small and medium enterprises (MSMEs) financing market through a capital market solution.
IFC and Banco BV Partner to Boost Climate-Smart Vehicles in Brazil
The project aims to widen access to finance for the purchase of these vehicles and help strengthen the country's climate finance market, mitigating climate impact and supporting economic recovery in the country.
IFC and Santander Brasil to Expand Access to Finance for Smaller Healthcare Providers, Boosting Brazil’s Health System
The $150 million financing package will allow the bank to expand its financing to doctors and healthcare micro, small, and medium enterprises for working capital and purchase of medical equipment.
Brazil Central Bank Announces Tougher Rules for Fintechs
The move is expected to affect companies such as credit card issuer Nubank, payment company PagSeguro, financial technology solutions firm StoneCo and digital wallet PicPay.
IFC, Omni Support Truck Drivers, Immigrants, Refugees, and Micro-entrepreneurs in Brazil
The investment will increase Omni's capacity to assist their existing as well as new clients, thus supporting the private sector's recovery in the wake of the pandemic.