Sqala

Brazilian fintechs are in constant evolution. The Fintech Deep Dive 2024 survey reveals an increasingly competitive landscape, with new opportunities and challenges. - Focus on B2B: the corporate market is increasingly on the radar of fintechs, with a 64% growth in focus on this segment. - Financial sustainability: companies are prioritizing financial health and seeking solid, sustainable growth. - Technological innovation: artificial intelligence and blockchain are the key bets to drive innovation in the sector. - Challenges: lack of visibility and fierce competition are the main obstacles faced by fintechs. Despite the challenges, the future looks promising. Brazilian fintechs are demonstrating resilience and adaptability, and the market shows growing optimism. #BusinessGrowth #InternationalPayments #Sqala #Fintech

The projection for 2025 is that Pix will represent 44% of the total value of online purchases in Brazil. It offers instant, feeless transactions, surpassing credit cards in convenience. For merchants, this means greater efficiency and lower costs with intermediaries. At Sqala, we help your business adapt to this reality by integrating solutions like Pix and ensuring high conversion rates for your e-commerce. #BusinessGrowth #InternationalPayments #Sqala #Fintech

Tomorrow, Latin America's biggest payment technology and innovation event will take place. Sqala is proud to attend as a Silver Sponsor to collaborate with the new dynamics and technologies that are revolutionizing the market. 📆 October 29th | 9:00am to 6:00pm 📌 Frei Caneca Convention Center – São Paulo/SP #paymentrevolution2024 #BusinessGrowth #InternationalPayments #Sqala #Fintech

In partnership with Mercuryo, the payment giant Mastercard has just launched a new debit card that allows you to spend your digital assets, such as Bitcoin, directly from your self-custody wallets. Imagine being able to use your cryptocurrencies at millions of establishments around the world, without going through exchanges and with full control over your funds. This is the reality that Mastercard is providing, connecting the world of cryptocurrencies with everyday life in a practical and secure way. With this new offering, you can: - Spend your crypto freely: no need to sell your assets before purchasing something. - Maintain control: self-custody wallets ensure that you are the sole owner of your private keys and your money. - Increase cryptocurrency adoption: this partnership boosts the use of cryptocurrencies in the real world. This initiative demonstrates Mastercard's commitment to supporting innovation and financial inclusion, making cryptocurrencies more accessible and easier to use. #BusinessGrowth #InternationalPayments #Sqala #Fintech

Next tuesday, Latin America's biggest payment technology and innovation event will take place. Sqala will be present as a Silver Sponsor to explore the latest financial technology innovations among the country's most prolific companies and startups. 📆 October 29th | 9:00am to 6:00pm 📌 Frei Caneca Convention Center – São Paulo/SP #paymentrevolution2024 #BusinessGrowth #InternationalPayments #Sqala #Fintech

Starting November 1st, the Central Bank is imposing new rules for Pix transactions. Aiming to enhance safety and fraud combat, the maximum amount for payments made on devices not registered with the bank will be BRL 200. Additionally, when using a new phone, the daily limit for Pix transactions will be restricted to BRL 1000. For payments higher than that, customers will need to register their new devices with financial institutions beforehand. #BusinessGrowth #InternationalPayments #Sqala #Fintech

Apple Pay has revolutionized the way we pay. In just 10 years, it has become the world's most popular digital wallet, with a 92% market share. But success comes at a cost: Apple faces monopoly accusations and is being pressured to open the system to competition. With iOS 18.1, the company has finally given in, allowing other apps to offer contactless payments on iPhone. This will enable users to set alternative apps as default for contactless payments, changing what happens when double-clicking the power button on the iPhone. This openness could transform NFC usage into an even broader range of functions, allowing banks and fintech companies to directly integrate their payment solutions. With regulatory pressure increasing, Apple Pay becomes a true test for Apple’s future: was the strict control merely a way to ensure a perfect user experience or a tactic to make it harder to leave the company’s ecosystem? #BusinessGrowth #InternationalPayments #Sqala #Fintech

Drex is Brazil's new currency that will be a fully digital equivalent of the Real to be stored in digital wallets. 🪙 It's fundamentally different from Pix, which is an instant payment method. It is instead a digital currency that will itself be the object of transactions, like an actual currency. Brazil's Central Bank states that Drex will have a broader impact in the financial system, adding to Pix instead of replacing it. The new currency is sought to make transactions safer, but with distinct features from the Pix system. Drex has not yet been released, but it will surely spark changes in the world of payments. Follow us to stay up to date. #BusinessGrowth #InternationalPayments #Sqala #Fintech #Drex