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After acquisition, Spin Pay announces new brand "NuPay for business"

March 30, 2022
Por
e commerce brasil
e commerce brasil
Maior portal brasileiro de e-commerce
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On March 30, the pioneering company in instant payments for retail in Brazil changes its brand: from Spin Pay, it is now NuPay for Business.
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After the acquisition of the payments fintech by digital bank Nubank in August 2021, the decision was made by the companies to rebrand.

This is because the fintech has strong goals with Nubank and will gain even more strength by joining the bank's large customer base and the constant growth it is experiencing, especially after Nubank's IPO on the NYSE in December 2021.

This way, it will be much easier to identify where NuPay for Business will be present with all the innovation of Nubank and where it is possible to pay with Pix and other instant payments in e-commerces. In addition, both companies are united to intensify financial and banking inclusion in the country, as well as innovate the means of payment.

Besides maintaining the operation with Pix, NuPay for Business will also launch to the market NuPay, the new product with the Nu way of paying, similar to BNPL, a method famous abroad due to the installment options without credit card.

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.

After the acquisition of the payments fintech by digital bank Nubank in August 2021, the decision was made by the companies to rebrand.

This is because the fintech has strong goals with Nubank and will gain even more strength by joining the bank's large customer base and the constant growth it is experiencing, especially after Nubank's IPO on the NYSE in December 2021.

This way, it will be much easier to identify where NuPay for Business will be present with all the innovation of Nubank and where it is possible to pay with Pix and other instant payments in e-commerces. In addition, both companies are united to intensify financial and banking inclusion in the country, as well as innovate the means of payment.

Besides maintaining the operation with Pix, NuPay for Business will also launch to the market NuPay, the new product with the Nu way of paying, similar to BNPL, a method famous abroad due to the installment options without credit card.

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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