Eduardo de Abreu

I've been a great believer that instant payments, like our PIX in Brazil, is a path to democratize access to the financial system and boost country's economies. Now we have proper research and numbers to express it 🙂. According to ACI's recent Economic Impact and Financial Inclusion report, in 2023, instant payments boosted global GDPs by $164 billion. By 2028, ACI estimates millions of citizens will have access to banking technology for the first time, not only boosting each country's economic output but providing substantial opportunities for financial services to reach currently unbanked or underbanked consumers. You can access the full report now: https://aciw.co/4fQfFfC

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The Rapid Growth of Pix in Brazil: A Financial Revolution In a remarkably short span of time, Pix, Brazil’s instant payment system, has revolutionized the way people transfer money and make payments. Launched by the Central Bank of Brazil in November 2020, Pix has experienced rapid adoption across the country, quickly becoming a dominant force in the Brazilian payments landscape. What is Pix? Pix is a digital payment system that allows individuals, businesses, and government entities to make and receive payments in real-time, 24/7, using a mobile device or a computer. Unprecedented Adoption Rates The growth of Pix has been nothing short of extraordinary. Within just a few months of its launch, millions of Brazilians began using Pix for everyday transactions. By mid-2023, over 142 million people—more than 65% of the country's population—had registered for Pix, according to the Central Bank of Brazil.

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💸 Revolutionizing Payment Experience: Brazil’s Cutting-Edge Tech Brazil is redefining banking with a focus on exceptional user experience. From the launch of PIX in 2020, which enabled instant bank transfers and reduced cash reliance, to the highly anticipated “PIX by approximation” in 2025, Brazil’s banking innovations are all about enhancing convenience and accessibility for users. Imagine paying for an ice cream or sending money to a friend effortlessly by just bringing two phones close together—no apps, no specific phone models required. Brazil’s commitment to user-centric financial solutions is setting new standards in global banking technology. #UserExperience #Fintech #Innovation #BankingTechnology #Brazil #FinancialInclusion #PIX #TechLeadership Link: https://lnkd.in/dxPfAcvz

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Gigs and Nubank are joining forces to offer the neobank’s +100 million customers eSims in app! The NYSE-traded Brazilian neobank is now offering its premium subscription customers access to 10GB of free roaming internet in more than 40 countries without the hassle of having to switch out their existing physical SIM card or eSIM. The powerful new partnership is not only a testament to Gigs growing global presence, but the impact and opportunity embedded SIMS will continue to offer businesses interested in providing customers with value-added services. Congratulations to Hermann Frank, Dennis Bauer, and the entire Gigs team on this major milestone. Learn more about the partnership & how Gigs is planning to help even more companies like Nubank cash in on eSims in TechCrunch ⬇ https://lnkd.in/eArKuts7 #esim #neobank #fintech #mvno #telecom #venturecapital

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Our latest #PaymentSpotlight is on Pix – Brazil’s payment superstar! 🌟 Launched just four years ago by the Banco Central do Brasil, Pix is changing the game in LATAM payments and beyond. With over 90% of Brazilian adults using it and 150M+ users (and counting), it’s already: ✅ Handling nearly half of all payments in Brazil ✅ Accounting for >30% of e-commerce transactions ✅ Poised to outpace credit cards as the top payment method in the next couple of years And it doesn’t stop there – Pix is setting its sights on global impact, with cross-border partnerships (Italy, anyone? 🇮🇹) already in the works. Learn more about Pix in our detailed overview below 👇 #Ecommerce #Fintech #LocalPayments

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The US-to-Mexico corridor comprises the world’s largest remittance flows, topping $63 billion in 2023, up 7% since 2022 and accounting for up to 4% of Mexican GDP. Stablecoins are typically much more cost-effective than traditional remittances, which cost an average of 6.35% of the face value.

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🌎 Latin America is emerging as a hotspot for digital payments, led by Brazil's Pix system, which has seen significant adoption since its 2020 launch. According to PaymentsJournal, 70% of Latin American adults now use digital payment channels, with the region’s digital commerce market projected to nearly double to $1 trillion by 2026. This growth is driven by increased online buying and a declining reliance on cash, positioning Latin America as a leader in digital payment innovation. 📈 #DigitalPayments #LatinAmerica #Innovation #Fintech

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𝐁𝐫𝐚𝐳𝐢𝐥’𝐬 𝐏𝐢𝐱 𝐢𝐬 𝐬𝐞𝐭 𝐭𝐨 𝐨𝐮𝐭𝐩𝐚𝐜𝐞 𝐜𝐫𝐞𝐝𝐢𝐭 𝐜𝐚𝐫𝐝𝐬 𝐢𝐧 𝐞-𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐞 𝐛𝐲 2025 - 𝐞𝐚𝐫𝐥𝐢𝐞𝐫 𝐭𝐡𝐚𝐧 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝! 🚀 This highlights a global trend: real-time payments are increasingly becoming the go-to option for digital transactions, thanks to their speed, low costs, and ease of use. As Pix reaches 44% market share, credit cards could shrink to 41%. This rapid adoption is a testament to how instant payments are driving financial inclusion and reshaping consumer behavior. The introduction of new features, like installment payments, could further accelerate Pix’s dominance, signaling a shift from traditional payment methods to more flexible and inclusive options. The payments landscape is evolving fast—are you ready? #Payments #Fintech #RealTimePayments #Ecommerce #Mcommerce #FinancialInclusion #Innovation #FutureOfPayments https://lnkd.in/gifppp62

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Nuvei Agrees to Acquire Licensed Payment Institution in Brazil Phil Fayer, Nuvei Chair and CEO, commented on the announcement: "Securing a Payment Institution license in Brazil has been a top priority, and will mark another significant milestone in our global expansion strategy. The proposed transaction not only strengthens our presence in LATAM but also demonstrates our commitment to providing fully localized and modern payment solutions to businesses in Brazil. We're excited to offer our full suite of services to help drive growth for the rapidly-growing eCommerce and iGaming operators in this dynamic market." https://lnkd.in/ejBC_m2R Alex Hammond Katya B. Rafael Lavezzo Andres F Roldan Rafael Lopes Bruna Rebello Guillaume Conteville Shemer Katz Gang Wang David Schwartz CPA, CA, CFA Vicky Bindra   #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

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In this second edition of the Qorus Financial Innovation Spotlight, we've handpicked five new and intriguing projects that caught our attention. It's a global journey that begins in Brazil, where Nubank offers a travel planning platform for its affluent customers. Then, we head to Australia, where Westpac sends out notifications to help its customers maximize their earnings. Next stop: Malaysia, where Hong Leong Islamic Bank Berhad provides an all-in-one integrated Islamic banking solution for SMEs. Meanwhile, in Canada, insurer Sun Life introduces a life insurance product tailored for individuals living with diabetes. Finally, in France, Banque Populaire steps up with a zero-interest loan to facilitate the establishment of healthcare practitioners in medical deserts. #bankinginnovation #insuranceinnovation #financialservices Patrick Desmares Silvia Cunill Calvet Lubomir Olach Eylem Özen Baştürk Raheel Vakeel Stewart Lockie , FCMI, MSc,MBA,FCBI Carlo Giugovaz Marcelo Frontini Michael Grover

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Why choose Brazil? It's simple: it’s one of the fastest-growing markets in the world! E-commerce in the country is projected to reach $150 billion by 2027 (The Global Payments Report 2024). At PagBrasil, we are ready to help you seize this opportunity with our exclusive payment solutions: - PagBrasil Pix: The fastest-growing payment method in Brazil, quick, secure, and widely adopted. - PagShield®: A fraud prevention solution designed specifically for the Brazilian market. - PagStream®: Streamline your subscription payments and optimize your results. Exclusive Advantages: - Hassle-free international transactions. - All local payment methods integrated into a single solution. - Custom solutions tailored to your business needs. Want to learn more? Let's talk at #Money2020 and explore how these innovations can transform your presence in the Brazilian market. #money2020 #globalpayments #financialinnovation #ecommerce

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I had a great conversation with Karen Webster from PYMNTS about the growth of Mercado Pago as a driver of electronic payments and financial solutions for everyone in Latin America. We discussed how Mercado Pago fits in the ecosystem of electronic payments in the region and the role of technology as an enabler to bring new products like personal loans and credit cards. Our evolution in financial inclusion is notable in Argentina and getting traction in Mexico, and as Karen points out, is impressive in the Brazilian market. Learn more about the developments in Brazil and the region in the story. #digitalbanking #financialinclusion https://lnkd.in/dKNiuPif

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💡Brazil’s instant payment system, Pix, is rapidly gaining ground and is expected to overtake credit cards in 2024 for online transactions. Launched by Brazil’s Central Bank in 2020, Pix has exceeded expectations due to its free, real-time transactions that benefit both consumers and merchants. Its easy-to-use QR-code platform has expanded quickly, though one drawback is the lack of chargeback rights for e-commerce buyers. Even with this, the Central Bank reported a record 227 million transactions in one day! What are your thoughts about this? #DigitalPayments #Pix #Fintech

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WOW! Nubank has surpassed 100 Million customers 😲 🌍 This means that Nubank is the FIRST digital banking platform to reach this milestone outside of Asia 💵 Nubank is leveraging tech and innovation to drive competition in the sector, transforming MILLIONS of lives through inclusion and improved financial management 👩‍💻 “Being customer-centric has been guiding us since the very beginning. Today, we want our customers to see themselves the way we see them: at the center of everything. In reaching this milestone, we want to focus on the real people and individual stories of empowerment and advance our mission to help improve people’s lives,” emphasizes Cristina Junqueira co-founder and Chief Growth Officer of Nubank. Find out more on the link below! 👇 https://lnkd.in/et7_jY5K David Vélez #banking #digitalbanking #customercentric #financialmanagement

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Partnerships are at the heart of our #impact strategy. In Brazil, through our partners, we are uncovering new opportunities to reach the underserved through digital. Take Ume for example, operating on Pix, Brazil’s instant payment system, launched in 2020, Ume allows consumers to make purchases in split instalments. The platform prioritises transparent and responsible pricing: no hidden fees, clear terms, and affordable interest rates. It allows consumers to achieve their personal goals, and retailers to offer a risk-free alternative payment option. So far, Ume has built a network of 6,000 merchants, reaching more than 220,000 consumers. Their vision is to build a next-generation payment and services platform on Pix, providing individual Brazilians with accessible, flexible finance and enabling thousands of SMEs to grow their businesses. According to Alvaro Landi, Investment lead for Credit Saison Brazil, “In Brazil, where two-thirds of the active workforce struggles to access formal credit, Credit Saison intends to challenge the status quo and leverage a booming fintech scene to open up new opportunities to reach the underserved.” Explore more about the work we are doing in Brazil and emerging markets around the world in our latest annual Impact Report - IMPACT FROM THE GROUND UP - https://lnkd.in/gFxsmayN Saison International Pte. Ltd., Credit Saison Brazil, Marie Anna Bénard, Rie Mizuno, Jatin Shrivastava, Lidia E., Yoganand P

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ACI Worldwide has partnered with RS2 to launch a ONE-STOP solution for acquirers and issuers in Brazil 🇧🇷 💳 👏 Supported by ACI's Fraud Management and Payments Intelligence, the new offering combines the BEST of ACI’s and RS2’s acquiring AND issuing capabilities to supporting FIs, ISVs, payment facilitators, independent sales organizations AND payment processors on their digital transformation journey ☁ 🚀 The combined NEW cloud-enabled tech platform enables merchants, banks AND PSPs to launch new products using configuration portals that integrates SEAMLESSLY to third-party platforms, orchestrating the ENTIRE payments ecosystem within the client environment 👨‍💻 “We are delighted to join forces with RS2 and bring a sophisticated, end-to-end issuing and acquiring solution to the Brazilian market,” said Vlademir Santos, head of Brazil, ACI Worldwide. “Our combined new solution will be a game changer for the Brazilian market. It will enable our customers to drive business growth through a modern and flexible solution and to take advantage of new revenue opportunities of launching new products and services.” Read more on the link below! 👇 Radi El Haj #aciworldwide #issuers #fintechnews #fintechindustry #rs2 #brazil #cloudbanking #fraudprevention #digitaltransformation #paymentprocessing #latam #digitalpayments

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Nubank moving into what appears to be the MVNO space. of course through partnerships by offering eSim to their customers as part of their move to enter the travel sector. The convergence is extremely interesting. but I am not too clear yet of the strategy other than to offer an additional means to target the sector. #digitalbanks #banking #cx #customerexperience

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