Oct. 1 at 5:55 AM
Our largest holding,
$WIZEY is now directly integrated with Pix in Brazil, giving access to 150 million users.
It mean Wise users can now send/receive money in Brazil without the need for an intermediate bank, which is already the case in the following countries: UK, EU, Australia, Singapore, Hungary, and the Philippines.
Brazil is, of course, much bigger and fintech penetration is growing rapidly.
This is also indirectly good news for
$DLO as more cross-border transactions will definitely lead to more payments. DLO is already integrated with Pix and the two businesses don't overlap much.
