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May 13, 2020

nanopay enters Brazil market with Treviso deal

Brazilian company Treviso has teamed up with Canada-based nanopay to offer self-service international payments to its personal and business customers.

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2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
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AS per the agreement, nanopay will offer remittances to 10 countries in the first phase.

In consequent phases, the company hopes to extend this offering to its network of more than 150 countries.

nanopay claims that its platform is based on hybrid blockchain technology that clubs the features of blockchain and conventional databases.

Treviso CEO Wilson Nagem said: “A self-service portal for international payments is something we have yet to see in Brazil, and we believe that it will be a real differentiator in the market.

“It has been a great experience working with the nanopay team. We look forward to capitalizing on all their technology has to offer in future releases.”

Treviso will leverage nanopay’s white-label service to allow its customers to wrap up international payments online and streamlining processes.

nanopay VP payment operations Carlos Garcia said: “Similarly to Canada, the financial services industry in Brazil is highly concentrated with only a few major banks. The lack of competition typically leaves small businesses and personal consumers underserved.

“With our technology, Treviso can enhance the experience for these customer segments beyond the competition with an expanded product suite and a new channel to market.”

Treviso has been operating in the foreign exchange market since two decades. It has over 200 partners across Brazil and offers international remittances for businesses, multi-currency prepaid cards for consumers and a free, online exchange alert service.

Free Report
img

2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
Enter your details here to receive your free Report.

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