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Remessa Online, a Fintech part of the Ebanx group, announced the launch of its global account in Brazil

September 19, 2023
Por
Danylo Martins
Danylo Martins
Personal Finance Journalist
📷
Fintechs Brasil
The fintech reported that the expectation is to serve the entire customer base by the end of the year.
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The dispute over international accounts continues to heat up and now there is a new competitor. Remessa Online, a fintech that is part of the Ebanx group, announced this week the launch of its global account. The move had already been revealed by CEO José Dias in an interview with Finsiders some four months ago.

The international Remessa Online account starts with a debit card that allows spending in euros. The company will then make the version available for spending in dollars. Payments can be made anywhere in the world, at commercial rates and charging 1.1% of the IOF. To top up the card there is a fee that varies between 0.8% and 1.2%, depending on the amount credited.

Expectation of the Fintech

In a press release, the fintech reports that the expectation is to serve the entire customer base by the end of the year. To access the new product, you must access the Remessa Online website and complete a simple registration that involves filling in your name, email and CPF, in addition to attaching a file with a scanned image of an identification document (passport, RG or CNH). issued in Brazil.

In fact, with the global account solution, the fintech resumes its development for individuals, after focusing more on corporate clients. "E-commerce has shortened the distance between consumers, products and services. Now it's up to technology to expand access and improve the experience for consumers using their own money," says José Dias, CEO of Remessa Online, in a note.

Competition

The arrival of fintechs in the global accounts market is further evidence of the appetite for the segment, from big players to new entrants. Last month, for example, XP announced its initiative in this area. Nomad, meanwhile, has just raised around R$ 300 million and will launch a credit card.

The sector also counts on Itaú , which is a shareholder of Avenue , a North American digital broker. Since July, My Account, Bradesco's global account solution, has been available to the bank's entire customer base. Competitors also include the UK's Revolut and Wise, as well as Brazilian digital banks such as C6 Bank , Inter , BS2 and others.

Las opiniones compartidas y expresadas por los analistas son libres e independientes, y de ellas son responsables sus autores. No reflejan ni comprometen el pensamiento u opinión de Latam Fintech Hub, por lo cual no pueden ser interpretadas como recomendaciones emitidas por la platafomra. Esta plataforma es un espacio abierto para promover la diversidad de puntos de vista sobre el ecosistema Fintech.

The dispute over international accounts continues to heat up and now there is a new competitor. Remessa Online, a fintech that is part of the Ebanx group, announced this week the launch of its global account. The move had already been revealed by CEO José Dias in an interview with Finsiders some four months ago.

The international Remessa Online account starts with a debit card that allows spending in euros. The company will then make the version available for spending in dollars. Payments can be made anywhere in the world, at commercial rates and charging 1.1% of the IOF. To top up the card there is a fee that varies between 0.8% and 1.2%, depending on the amount credited.

Expectation of the Fintech

In a press release, the fintech reports that the expectation is to serve the entire customer base by the end of the year. To access the new product, you must access the Remessa Online website and complete a simple registration that involves filling in your name, email and CPF, in addition to attaching a file with a scanned image of an identification document (passport, RG or CNH). issued in Brazil.

In fact, with the global account solution, the fintech resumes its development for individuals, after focusing more on corporate clients. "E-commerce has shortened the distance between consumers, products and services. Now it's up to technology to expand access and improve the experience for consumers using their own money," says José Dias, CEO of Remessa Online, in a note.

Competition

The arrival of fintechs in the global accounts market is further evidence of the appetite for the segment, from big players to new entrants. Last month, for example, XP announced its initiative in this area. Nomad, meanwhile, has just raised around R$ 300 million and will launch a credit card.

The sector also counts on Itaú , which is a shareholder of Avenue , a North American digital broker. Since July, My Account, Bradesco's global account solution, has been available to the bank's entire customer base. Competitors also include the UK's Revolut and Wise, as well as Brazilian digital banks such as C6 Bank , Inter , BS2 and others.

Las opiniones compartidas y expresadas por los analistas son libres e independientes, y solamente sus autores son responsables de ellas. No reflejan ni comprometen el pensamiento o la opinión del equipo de Latam Fintech Hub y, por lo tanto, no pueden interpretarse como recomendaciones emitidas por la plataforma. Esta plataforma es un espacio abierto para promover la diversidad de puntos de vista en el ecosistema Fintech.

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