SAO PAULO Brazil's Cielo SA is considering potential mergers and acquisitions to consolidate its card-processing business, Chief Executive Paulo Caffarelli told reporters on Wednesday, ruling out reports that the company was in talks over a sale to rival StoneCo Ltd .
SAO PAULO Brazilian financial technology start-up Nubank now has 15 million clients, the firm's chief executive said on Friday, a figure which underlines the rapid growth of the Sequoia Capital-backed venture in Latin America's largest economy.
SAO PAULO, Oct 4 Creditors of Brazilian oil
platforms and rigs maker Sete Brasil have approved the sale of
four oil exploration rigs to British company Magni Partners, two
sources familiar with the deal told Reuters on Friday.
SAO PAULO Japan's SoftBank Group Corp is considering bringing around 40 companies with high growth potential to Brazil and expects to announce a large investment in the country in around two weeks' time, the group's head in Brazil, André Maciel, said on Friday.
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.