November 11, 2022
Ebanx sells Juno's customer portfolio to iugu.
With the transaction, iugu says it will increase its revenue by 50% and reinforce its growth strategy in the country.
June 26, 2020
Why PIX should revolutionize the financial sector and increase retail profits.
PIX is the most anticipated launch for financial institutions and fintechs in 2020. Considered a game-changer in the financial sector, the instant payment platform created by the Central Bank is scheduled to officially come into effect on November 16th, with 980 institutions participating in the homologation process, ranging from large banks, whose participation was mandatory, such as Itaú and Banco do Brasil, to fintechs like Inter, Mercado Pago, and Nubank.
September 11, 2020
Goldman invests in iugu, the fintech company that is replacing banks in businesses.
Goldman Sachs Merchant Banking — the private equity arm of the investment bank — has just led a R$120 million funding round in Iugu, marking the American bank's first investment in a Brazilian fintech company and a bet on its growth (...) Read more at https://braziljournal.com/goldman-investe-na-iugu-a-fintech-que-substitui-os-bancoes-nas-empresas/
August 28, 2020
Fintech iugu receives authorization from the Central Bank to become a payment institution.
iugu, a fintech company specializing in payment solutions and financial automation platforms for businesses, has just received a license from the Central Bank of Brazil (BACEN) authorizing it to operate as a Payment Institution. The approval was published yesterday in the Official Gazette of the Union.
