Nagarajan Rao
Nagarajan Rao

Disburze launches Brazilian B2B service

Business payment fintech company Disburze has joined with Brazil’s Banco Rendimento to launch a B2B service in Brazil, allowing for invoice settlement in reais (the local currency).

“Businesses now have a solution that addresses their pain points when making business payments to and out of Brazil,” Disburze CEO Nagarajan Rao said. “Disburze is helping businesses compete in the global payments landscape by providing real time foreign exchange rates, transparent service levels, and access to emerging market networks.”

“We are very thrilled to start this service with Disburze as it will increase our international payments offerings and simplify the way corporations make their business payments into Brazil,” Banco Rendimento product director Roger Ades added.

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