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AstroPay Becomes Latest Firm to Acquire Payment Institution Licence in Brazil

The Fintech Times

It has been a busy few days for the Central Bank of Brazil as it announces another company has acquired a payment institution (PI) licence. With its new PI licence, AstroPay will deliver secure, compliant, and user-friendly cross-border payment solutions.

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Astropay Continues Global Expansion With Payments Institution License for Multicurrency Wallet in Brazil

Fintech Finance

AstroPay , a global leader in digital financial solutions, is redefining financial connectivity in Brazil with its strategic expansion and acquiring a coveted Payment Institution (PI) license issued by the Central Bank of Brazil. and an IOF (financial transaction tax) of just 0.38%.

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Nium Expands Operations in Latin America, Accelerating Global Real-Time Payments in the Region

Fintech Finance

Nium , the global leader in real-time cross-border payments, is strengthening its presence in Latin America by applying for essential licenses, joining key fintech associations, expanding its employee presence, and signing new customers. The moves made in the region support significant growth anticipated in Latin America.

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FOMO Pay and Digibank Zand Join Forces for Asia-MENA Remittances

Fintech News

Singaporean payment institution FOMO Pay and United Arab Emirates’ digital bank Zand have partnered to improve cross-border payment efficiency between Asia and the Middle East and North Africa (MENA) region. ” said Michael Chan, CEO of Zand.

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XREX Singapore Gets MAS Greenlight for Crypto Payments License

Fintech News

XREX Singapore, a blockchain-enabled financial institution specialising in cross-border payments, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS).

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Finovate Global Mexico: Payments Partnerships and International Acquisitions

Finovate

Airwallex Acquires MexPago as Part of Latin American Expansion Speaking of acquisitions in Mexican fintech and financial services, global financial platform Airwallex has finalized its acquisition of Mexico-based payment service provider MexPago, a licensed Institution of Electronic Payment Funds (IFPE).

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Nium Sets Sights on Latin America Expansion with Focus on Brazil

Fintech News

Global payments company Nium is enhancing its presence in Latin America, with a focus on expanding its operations in Brazil. The company has recently applied for a Payment Institution License in Brazil, which will allow it to offer payment services, including managing funds in BRL and facilitating real-time payments through the Pix system.