Tuesday, November 30, 2021

Brazil's Nubank said to weigh a reduction in IPO valuation

Nubank had earlier this month said it aimed to raise nearly $3 billion at a valuation of more than $50 billion. That’s $12 billion more than the market cap of Brazil’s largest bank Unibanco Holding SA.

from Tech-Economic Times https://ift.tt/3E6vcFC

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MDR on UPI will hit businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam Ramesh

Sitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and no...