Recently, the Central Bank of Brazil enacted regulations favorable to financial technology (fintech) innovators to foster competition and better services. SWAP is a venture capital-backed Brazilian startup that helps fintechs and service providers adopt their own internal financial technology capabilities faster and more effectively. SWAP noticed a growing demand from several verticals (from marketplaces to food delivery and ride sharing), for reliable transaction processing, better customer experience and embedded financial services into their businesses and apps. This prompted SWAP to start looking for the best route to build a payment infrastructure to serve all customers in need of expanded financial and payment services.
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