FLASH NEWS LIVE

TikTok Eyes Brazilian Fintech Market: A New Financial Frontier

TikTok Eyes Brazilian Fintech Market: A New Financial Frontier

TikTok, under ByteDance's ownership, is seeking approval from Brazil's central bank to function as a lending and payments fintech. This move could make TikTok a major financial service provider in Brazil, following a model similar to Nubank. The initiative includes applying for licenses to operate as an electronic money issuer and a direct credit company.

Read Full Article →

📱 Tip: Tap the 🔗 Share icon in Safari and choose Add to Home Screen to install World Trade Factory.
Instagram Meta X LinkedIn Whatsapp