Brazil’s real-time payment system **Pix expands into the US market**, despite ongoing scrutiny. The US recently initiated an investigation into Brazil’s government-backed payment infrastructure, which includes Pix. The system’s arrival in the US follows a period of heightened trade tensions between the two countries.
Jul 2025Connecting the dots in PaymentsNews article
Koin is investing **R$30 million** to expand its **anti-fraud solutions** in Brazil and Latin America. The fintech, which specializes in digital commerce, aims to strengthen its technology portfolio to combat rising fraud in e-commerce transactions. The move targets securing online payments amid growing digital transaction volumes and increasingly sophisticated fraud tactics.
Koin, a Brazilian buy now, pay later (BNPL) provider, secures **$7.3 million** in funding via a FIDC fund arranged by Itaú. The capital will support the company’s expansion into **tourism services**, broadening its payment solutions beyond its core e-commerce focus.
Despegar secures a $200 million investment while announcing the acquisition of Brazilian fintech startup Koin. The move expands its financial services capabilities, integrating Koin’s technology into its travel booking platform. The transaction follows Despegar’s Q2 earnings report, where it highlighted strategic growth initiatives.