Brazil - Bitcoin News Related to Brazil

MercadoPago will soon let Brazilian customers buy, sell and hold bitcoin, Bitcoin Magazine reported. MercadoPago is the digital payments app of MercadoLibre. MercadoPago Vice President and Country Manager Tulio Oliveira said per the report that the company has taken the time to study and learn about the crypto field, and that its offering has “transformational” […]

MercadoLibre Inc. will soon allow MercadoPago customers in Brazil to buy, sell and hold cryptocurrencies in their digital wallets, according to a Bloomberg report Monday (Nov. 22). The company is piloting the program with a small group of customers and will make it available to more people in the coming weeks, Tulio Oliveira, a MercadoPago […]

Brazilian-based buy now, pay later (BNPL) startup TruePay on Tuesday (Nov. 23) announced that it recently wrapped up a Series A funding round that brought in $32 million, which will largely be used to hire more employees for the fledgling company, according to a company press release. Addition led TruePay’s latest fundraising effort, which comes […]

Open payments gateway Volt has expanded operations to Brazil to make way for real-time payments, currency export and foreign exchange to the Central Bank of Brazil, according to a Thursday (Nov. 11) press release. As part of the expansion, the 2-year-old company has integrated Brazil’s domestic instant payments network Pix and set up a physical […]

Citi’s Treasury and Trade Solutions (TTS) has launched domestic instant payments in Brazil, bringing its global reach to 28 markets in numerous regions, according to a press release on Monday (Nov. 8). Usage of Citi’s real-time payments capabilities has grown more than 100% in the past year, giving institutional clients the ability to send and […]