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The Nexus
BUSINESSJul 24 · 07:20 UTCTHE RIO TIMESGabriela Vargas

PicPay Insurance Acquisition Clears Central Bank

Brazilian digital payments company PicPay received Central Bank approval to acquire insurer Kovr, a firm formerly linked to liquidated Banco Master. This marks a significant step in PicPay's expansion into the insurance sector.

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