Wednesday, 17 July 2024

Matera raises $100M from Warburg Pincus to help the US catch up to Brazil in instant payments

To say that Pix, the instant payment system created by the Central Bank of Brazil, has been a resounding success is an understatement. With Pix, money moves directly between core banking systems of different financial institutions. Adoption has been widespread and ubiquitous. The country’s residents have the ability to even pay street vendors using the […]

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