brazil

It is the company’s second region in Latin America after opening one in Mexico in February 2025.

BYD began producing passenger EVs at its Brazil plant in July 2025.

Existing investors Creandum, Supernode Global, and s16vc also joined the round, bringing Passionfroot’s total funding to more than US$21 million.

The appointments add financial services, governance, and nonprofit experience as OpenAI expands its commercial business and foundation work.

Siemens said it is designed to work alongside existing enterprise and operational technology systems rather than replace them.

Mastercard has reimbursed processors for about half of the 5 billion reais in card payments.

The agreement will supply electricity to a TikTok-owner ByteDance data center under construction at the Pecem port complex in Ceara, Brazil.

The rule takes effect on October 1 and affects firms using stablecoins for cross-border payments.

Scala is in talks with US and Chinese tech firms, with the first phase would cost about US$500 million for infrastructure.

Ebanx said 65% of its gross profit in 2025 came from outside Brazil, up from 32% in 2021, including 20% from markets beyond Latin America.