Zoop Becomes a Licensed Payments Institution in Brazil

Overview:

Zoop, the innovative fintech company, has achieved a significant milestone by becoming a licensed payments institution
in Brazil. This achievement not only strengthens their position in the Brazilian market but also enhances their ability to
provide secure and seamless payment solutions to businesses across the country.

Background:

Zoop was founded in 2013 with a mission to transform and simplify the country’s payment landscape. Over the years, it has
emerged as a leading player in the fintech industry, providing cutting-edge payment solutions to various businesses. With
the new license, Zoop has gained a strategic advantage that allows them to expand their services and reach a wider
customer base.

Benefits for Zoop:

Becoming a licensed payments institution brings numerous advantages for Zoop. Firstly, it enables them to operate legally
as a regulated payment service provider, ensuring compliance with industry standards and regulations. This helps build
trust among their customers and establishes them as a reliable and secure platform.

Additionally, the license allows Zoop to offer a broader range of services, including payments processing, card
acquiring, and electronic funds transfers. This expansion of services strengthens their position in the market and
provides businesses with a one-stop solution for their payment needs.

Benefits for Businesses:

The licensing of Zoop as a payments institution brings several advantages to businesses operating in Brazil. With Zoop’s
comprehensive suite of payment solutions, businesses can seamlessly accept online payments, manage recurring billing, and
provide a secure payment experience to their customers.

Furthermore, Zoop’s advanced payment infrastructure ensures faster transaction processing, reduced fraud risk, and
improved overall efficiency. By partnering with Zoop, businesses can focus on their core operations while relying on a
trusted payment service provider to handle their payment processes.

Conclusion:

Zoop’s achievement of becoming a licensed payments institution in Brazil marks a significant milestone in their journey.
This accomplishment not only validates their commitment to providing innovative payment solutions but also positions them
as a key player in the Brazilian fintech industry.

With the new license, Zoop is well-equipped to meet the evolving needs of businesses in Brazil, ensuring seamless,
secure, and efficient payment experiences. As a licenced payments institution, Zoop is set to revolutionize the payment
landscape and contribute to the growth of the Brazilian economy.