Facing changing market in Brazil, PicPay enters corporate benefits
PicPay stated that, before reaching the market, the solution went through tests for 8 months with 10,000 company and partner employees.
Source: fintechnexus.com
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Mortgage boom risks coming home to roost for Brazil's banks
7 Min Read SAO PAULO (Reuters) - Owning their first home on the outskirts of Sao Paulo felt like a distant dream when tattoo artist Fernando do Prado and pharmacist Jenifer Ferreira got engaged in January. A construction project is seen in Rio de Janeiro, Brazil November 28, 2020. REUTERS/Pilar Olivares They soon realized, however, that it was within reach if they used their savings as a deposit, with mortgage payments for a similar sized apartment on the edge of South America’s biggest city costing less than half the equivalent monthly rent. “It meant a lot for us to start our lives toge...
Source: reuters.com