Business Latin America

  LEAFIO AI Retail Solutions Continues Its Global Expansion With Confidence Entering the Latin American Market LEAFIO AI Retail Solutions continues to expand its geographical presence steadily. This time the company opened representative offices in Mexico and Brazil. Source: NewsWires Even the most advanced and expensive ERP system cannot provide a high level of expertise in inventory management. So it's no surprise that LEAFIO's software has generated such genuine interest here." said Alex Medwin, CEO of LEAFIO Inc. LEAFIO AI Retail Solutions, one of the most innovative retail optimization solution providers in the market, continues to expand its geographical presence steadily. This time the company opened its representative offices in two countries of Latin America – Mexico and Brazil. Now there are Spanish and Portuguese-speaking representatives of the company who are rapidly mastering the local market, actively interacting with retailers from different industries

  In Latin America Nubank Gains 70 Million Customers In Brazil, Nubank continues to grow on other business fronts, such as investments, where it already has more than 6 million active customers, with emphasis on its fund management arm, Nu Asset Management. Source: EFT TRENDS Nubank is seeing meteoric growth and is continuing to expand. The São Paulo-based digital bank has garnered 70 million customers in Latin America, making it the fifth-largest financial institution in Brazil in terms of number of customers. This includes 66.4 million users in the Brazilian operation, 3.2 million in Mexico, and more than 400,000 in Colombia. “Our accelerated growth is driven by an ongoing search for efficiency, which balances expansion, new products, and increased revenue per customer,” said Nubank founder and CEO David Vélez in an announcement from the company. The company is looking to expand beyond its core credit card and digital account business, with the aim of offering a complete su

  Scala Data Centers launches the largest vertical data center in Latin America        Scala Data Centers, the leading Latin American platform of sustainable data centers in the hyperscale market, launches the largest vertical data center in Latin America, SGRUTB04, with a total capacity of 18MW. Located in the Tamboré Campus, the company's complex in Greater São Paulo, Brazil, SGRUTB04 goes into service dedicated to a single hyperscale client, with a commitment to full capacity for more than a decade. Source: PR NEWSWIRE With almost 140,000 sqf of total built area, this new Scala data center is 56 meters high, has seven floors, with four dedicated to data halls, which add up to more than 1,500 racks. Developed according to the Leadership in Energy and Environmental Design (LEED) certification, which is focused on sustainable constructions, the single-tenant data center has a modern refrigeration system with indirect free cooling (technology to optimize energy use at low temp

  Latin American Crypto Firm Ripio Launches Prepaid Crypto Card in Brazil Payments can be made in any of 28 different cryptocurrencies, and the debit card also offers 5% cashback rewards in bitcoin. Ripio hopes to issue 250,000 crypto debit cards in Brazil by the end of the year. Source: COINDESK Latin American crypto company Ripio has started rolling out a prepaid debit card in Brazil that allows payments to be made in cryptocurrency and earns cashback rewards in bitcoin, Ripio CEO Sebastian Serrano told CoinDesk. The company hopes to release 250,000 cards, which were developed in partnership with Visa (V), by the end of the year, offering the product to the one million users it has in the South American country, the company said, adding that the digital version of the card is already available. The card will allow payments using Brazilian reals and the 28 cryptocurrencies Ripio has listed on its platform, the company said. Serrano said Ripio is considering adding rewards in

Dentons Continues Push in Latin America, Forming Alliance with Firm in Brazil and pushing into Latin America Dentons is continuing its aggressive push into Latin America , with plans to form an alliance with the Brazilian firm Vella Pugliese Buosi Guidoni in São Paulo . Vella Pugliese is best known for its civil litigation work, often on high-profile cases, as well as its work with local companies on mergers and acquisitions. The alliance, which is subject to approval by partners at both firms, would give Vella Pugliese clients easier access to thousands of lawyers working from more than 60 countries on six continents through Dentons' network of firms, and would give Dentons' clients access to Vella Pugliese's 13 partners and other staff in São Paulo and Brasilia, Dentons said in a statement. The firms believe the alliance, which would be part of Dentons' verein structure, will enhance their offerings in such areas as competition and antitrust, mergers and