Mergers & Acquisitions Mergers & Acquisitions

Facebook, Cielo tell CADE they resumed new payment solution through WhatsApp after Brazil Central Bank approval

By Ana Paula Candil
  • 05 May 2021 10:42
  • 05 May 2021 10:42
Facebook and Cielo have told the Brazilian competition authority that they have resumed their new payment solution through WhatsApp after receiving approval from the Central Bank of Brazil on March 30.
The accord had been suspended since last June when the bank regulator said it needed to analyze the deal

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Ana Paula Candil

Senior Correspondent, Latin America

Ana Paula joined MLex in Brazil in 2014 writing about antitrust investigations and merger reviews. Prior to that, she worked for several trade publications and in TV. She lived in Washington DC, where she worked for Al Jazeera English in 2010. She studied journalism and holds a postgraduate diploma in International Business Management from the George Brown College in Toronto and a Master of Business Administration diploma in government relations from Fundação Getúlio Vargas (FGV).

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