SAO PAULO Amazon.com Inc said on Tuesday it will launch its Prime subscription service in Brazil, where it has struggled against tough local competition in Latin America's largest economy.
SAO PAULO Brazilian online housing broker QuintoAndar has raised $250 million in a new funding round led by Japan's SoftBank Group International, the company said on Tuesday.
SAO PAULO, Sept 10 Amazon.com Inc said
it will launch its Prime subscription service in Brazil on
Tuesday as it seeks to broaden its footprint in Latin America's
largest economy, where it has struggled against tough local
SAO PAULO, Aug 13 Brazilian lender Itau Unibanco
Holding SA is shifting its payment services strategy
to focus on its most profitable segments, a senior executive
told Reuters, as competition in the card processing business has
weighed on fees.
SAO PAULO Brazil's digital used car portal Volanty has received an infusion of 70 million reais ($17.6 million) from venture capital funds led by Japan's SoftBank and Kaszek of Argentina.
SAO PAULO, June 6 Japan's Softbank Group Corp
is in talks to invest in Brazilian financial technology
company Nubank, a source said.
SAO PAULO, May 13 Brazil's largest private
lender, Itaú Unibanco Holding SA, plans to close 400
branches in the country over the next two years, two sources
with knowledge of the matter said.
SAO PAULO, May 9 State-controlled lender Banco
do Brasil SA sees fiercer competition with financial
startups as likely to reduce the country's average credit
margins in the coming quarters, CEO Rubem Novaes told
journalists on Thursday.
SAO PAULO/MEXICO CITY Brazilian fintech firm Nubank will open an office in Mexico on Tuesday, an initial step in a potential expansion into other Latin American countries, a company executive said.
SAO PAULO, May 7 Brazilian fintech Nubank is
opening an office in Mexico on Tuesday, an initial step in a
potential expansion into other Latin American countries, an