But when it comes to what we’re trying to do at Vox, there are a couple of big issues with relying on ads and subscriptions to keep the lights on.įirst, advertising dollars go up and down with the economy. Most news outlets make their money through advertising or subscriptions. Will you support Vox’s explanatory journalism? Plus, subscribe to our YouTube channel to view all of our latest videos. Watch the video above to understand how Operation Car Wash uncovered the scandal and how the region is still dealing with the fallout, four years later. Politicians in several Latin America countries were found to be involved in the corruption. And the consequences went well beyond Brazil. It helped pitch the country into a deep recession, wiped out nearly 500,000 jobs, and threw Brazil into a political crisis. The scandal nearly put Brazil out of business. One president has been convicted, and another has been charged with corruption. The investigation even reached the highest levels of Brazil’s government.
With that revelation, Operation Car Wash was born, an investigation that found billions of dollars in bribes were being paid between a coordinated ring of Petrobras executives, construction companies, and politicians. They had arrested a minor criminal who revealed that he was laundering money for Petrobras, Brazil’s massive state-owned oil company. And it is the business card that we will present in the countries where we will implement our operations, with local service and the guarantee that each market will be treated as a priority in our expansion goal,” they guaranteed.In 2014, Brazilian police stumbled onto the largest corruption scheme ever discovered in the country’s history.
Our 24/7 service with extremely qualified professionals make Pay4Fun the ideal company for all betting sites that want to enter Brazil. “And even in Brazil, where we are already recognized as the best provider of payment solutions, we are investing to remain at the top. We are looking for the markets of Mexico, Chile and Peru, in addition to looking with great affection for Canada and Argentina,” they commented. “Still in this first semester, we will expand our presence in Latin America. The company's expansion in Latin America was also highlighted by the executives, who plan to invest heavily in Pay4Fun's growth in the region. Today, there are more than 260 partners, most of them sports betting houses and online poker platforms.
#Vox videos on latin america professional
Pay4Fun executives Leonardo Baptista (co-founder and CEO) and Ari Celia (co-founder) highlighted the peculiarities of the Brazilian gaming market, especially regarding traditional payment methods, such as boleto bancário and PIX, but added all the knowledge that the company acquired throughout its operations in the country as a provider of an agile and efficient payment system to serve the gaming sector.Īlthough the concept of "emerging" was mentioned to characterize the company, Pay4Fun is already more than consecrated in the Brazilian gaming market, for the trust it has acquired over the years and for the professional way in which it adds more and more partners to its platform. The renowned Brazilian payment methods company with a strong presence in the gaming area, presented its experience in this more than emerging market and the company's expansion plans for all of Latin America. On the afternoon of this Wednesday (14), Pay4Fun presented the “Spotlight: transformation of ecommerce in Brazil and Pay4Fun's expansion plans in Latin America”. Brazil was, once again, the theme at ICE VOX.
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