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JPMorgan-Backed Brazil Fintech Plans to Expand in U.S., Mexico

Bloomberg (paywall)

“FitBank Pagamentos Eletronicos SA, a Brazilian fintech backed by JPMorgan Chase & Co. , plans to open a U.S. office in the first half of 2021. The payment-services firm, which has more than 100 clients in Brazil, is also expecting to start operations in Mexico, Peru and Colombia sometime next year, according to Chief Executive Officer Otavio Farah.”

Tags: Brazil Fintech Mexico
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