Financial Services

This should help boost the wallet’ use in the country, but plans for a government-run super app could diminish this growth opportunity

They want the agency to clarify its proposal to reflect differences between credit cards and BNPL. They’re not wrong

While the Pix capabilities can bring in users, the app likely won’t convert users into long-term CBDC adopters

It will likely mirror the rules forming in the US, regulating BNPL providers as credit card companies

After a years-long wait, the largest fintech by valuation secured its banking license, fueling its plans for further expansion.