Alan Melgarejo

🚨 𝙅𝙐𝙎𝙏 𝙄𝙉: PagBrasil, a FinTech specializing in digital Payment processing, received authorization from 🇧🇷 Brazil’s Central Bank at the end of 2024 to operate as a regulated Payment Institution (PI). This approval allows the company to act as an electronic money issuer, enabling it to manage prepaid payment accounts. With this license—granted in just six months—PagBrasil plans to roll out new products and features, leveraging the infrastructure of Pix and Open Finance. According to Alex Hoffmann and Ralf Germer, co-founders and CEOs of PagBrasil, becoming a regulated PI opens up numerous opportunities. One of the FinTech’s plans includes enabling cash withdrawals abroad using the Pix system, similar to the Pix Saque functionality in Brazil. “The product is ready; now, it’s about advancing discussions with partners,” says Ralf. “There’s demand for this in several countries, like Mexico, where cash still dominates a large portion of transactions.” Since 2023, PagBrasil has been forging agreements in other countries to enable Pix payments at local merchants for Brazilian tourists. These transactions work via QR code scanning on the merchant’s smartphone or tablet, acting like a card reader. Currency conversion happens instantly at the time of purchase. However, merchants don’t directly benefit from the instant payment system, receiving funds based on their contracts with acquirers. In November 2024, PagBrasil introduced Pix payments for e-commerce platforms, leveraging the Payment Transaction Initiation (ITP) service, which eliminates the need for Pix’s “copy and paste” functionality. According to Alex, the solution is currently in a pilot phase and will evolve with the implementation of the No-Redirect Journey (JSR) in Open Finance. The Central Bank plans to officially launch this feature at the end of February, following tests that began last November. PagBrasil is also gearing up for Pix Automatic, aimed at recurring payments, which will be launched by the Central Bank in June. Source/more info: https://lnkd.in/d7iUr262 Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁] Nice story, Marcel. Next! [ 𝗹𝗶𝗸𝗲 ] 

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Winning customer primacy means being present in the moments that matter most, and payments are most often the first step. That is why Getnet is such an important part of Santander’s strategy, helping companies simplify payments and build stronger relationships with their customers. Three examples: * In Spain, helping Grupo Pascual turn delivery teams’ mobile phones into secure POS terminals. * In Portugal, working with Elecctro to allow EV drivers to pay instantly with their bank card. * In Mexico, partnering with Soft Restaurant to unify restaurant management and payments in a single system. These partnerships strengthen Santander's position as a one stop shop and trusted advisor for our customers.

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Executives from Banco Bmg participated in a full-day immersion in artificial intelligence, hosted by Singularity Brazil. Throughout the experience, we explored a wide range of AI platforms—including ChatGPT, Claude, Notebook LLM, Gemini, Lovable, Perplexity, Manus, Gamma, Veo 3, HeyGen, and ElevenLabs. Each tool brought its own unique strengths, but they all served a common purpose: to challenge our assumptions, reset our perspectives, and embrace a new era of learning.

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Henrique Dubugras and Pedro Franceschi founded Brex in 2017 to revolutionize financial services for startups and businesses. Frustrated by traditional banking limitations, they built Brex as an all-in-one corporate finance platform, offering *mcorporate cards, spend management, and business accounts tailored for fast-growing companies. Brex quickly scaled, raising billions in funding and serving thousands of startups and enterprises, redefining how modern businesses manage their finances. Read more at: (https://www.brex.com) #FinTech #StartupBanking #CorporateFinance #Brex #Entrepreneurship #HenriqueDubugras #PedroFranceschi

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The Economist on PIX: "By 2024 Pix had become Brazil’s most popular payment technology, displacing both cash and cards. The number of transactions increased from 9bn in 2021 to 63bn in 2024, moving 26trn reais ($4.5trn). No country has adopted such a system faster." A hard-to-value benefit of Brazil's speed run on real time payments, besides building national champions like NuBank, is that its central bank is now also best positioned for the introduction of a digital real, called Drex. Moving fast and staying relevant to the pace of technology has unknowable future benefits. The US really needs to move faster on real time payments. https://lnkd.in/gpKS8FUY

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Latin America’s SaaS market is the fastest-growing worldwide, expanding at nearly 23% last year, ahead of North America, Europe, and Asia. At EBANX, we see daily how businesses of all sizes adopt SaaS solutions to scale more efficiently, while consumers rely on digital services for productivity, entertainment, education, and finance. The key? Payments. Companies that adapt to local preferences, from cards to wallets to instant payments like PIX, are the ones unlocking the full potential of this booming sector. https://lnkd.in/gZsHMFCQ

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Exciting news coming out of the #Algarve this week! Direct flights to #NYC from #Faro are now available, and we're thrilled to share that 🏡 Carvoeiro Branco, a prominent #Portuguese property developer, has partnered with Damisa to revolutionize real estate transactions. This collaboration unlocks nearly €45 million in premium real estate, allowing global crypto-native buyers to use regulated stablecoins like USDC, USDT, and EURC for purchases. Carvoeiro Branco's pioneering move makes them one of the first major European developers to integrate blockchain-based payment systems directly. With Damisa's secure and compliant escrow framework, international buyers can now swiftly and cost-effectively finalize property transactions, bypassing traditional cross-border hurdles. A big thank you to MIG Investments, Antrix, Erik de Vlieger, and the entire Damisa team for their hard work in making this innovative partnership a reality. #RealEstate #BlockchainRevolution

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