Fintech Bleap launches Pix transfers between Brazil and Europe with no taxes or fees · Bica

Economy

Fintech Bleap launches Pix transfers between Brazil and Europe with no taxes or fees

The London-based, Portuguese-founded startup Bleap has launched an instant transfer service using Pix that allows users to send Brazilian Reais (BRL) to a European IBAN, where they are automatically converted to Euros at the mid-market exchange rate without associated fees or IOF taxes. The service is currently operational for inbound transfers to Europe, with the reverse operation (Europe to Brazil) scheduled to be enabled by the end of September 2026.

Why it mattersIf you are a Brazilian resident in Portugal needing to receive funds from Brazil, this new service offers a fee-free alternative for instant transfers that may reduce the cost of remittances compared to existing providers.

This update is from Bica

Your quick shot of what's changing in Portugal and affecting your status, your home, your money, and whatever might disrupt your day. Short and clear updates, gathered from Portuguese sources.

No signup. No data collected. No app download. Nothing to pay.

See today’s briefing

More on Economy

Economy

Fact Check: Investment platform drives hundreds to ruin

A large-scale investment scam is operating in Portugal, resulting in victims losing significant sums, in some cases exceeding 100,000 euros of life savings. The scam uses an online investment platform to defraud users.

RTP· 2h agoRead original ↗

Useful?

Economy

EU guarantees stable gas supply despite storage levels below historical average

The European Commission confirms that gas supplies across the EU remain stable for the upcoming 2026-2027 winter, even though current storage reserves are lower than historical averages. Officials explicitly confirmed that regulations ensure supply for protected consumers, including households and essential services, in the event of severe disruptions.

Correio da Manhã· 2h agoRead original ↗

Useful?

Economy

Government fuel measures are insufficient, say ANTRAM and CAP. Consumers will foot the bill

The transport association (ANTRAM) and the farmers' confederation (CAP) state that current government support measures are insufficient to mitigate rising fuel costs. Both sectors warn that because businesses are facing record costs, they will have to pass these increases on to consumers in the form of higher prices for goods and transport, with agriculture costs expected to rise further starting in October.

Diário de Notícias· 4h agoRead original ↗

Useful?

Practical alerts

Media-reported alerts

Portal das Finanças to experience service outages this Tuesday · Observador · 24m ago
Wildfires: More than 70 municipalities at maximum risk · Observador · 10h ago
Classes cancelled in several Vagos schools due to fly infestation · RTP · 1d ago

Live official alerts

Yellow heat warning for Madeira from Friday until Saturday.
yellow warningIPMA· Madeira· from Fri 19:00
Yellow heat warning starting Friday, until Saturday.
yellow warningIPMA· until Sat 19:00

See continuously updated official alerts live alerts →

About Bica

Your quick shot of what's changing in Portugal and affecting your status, your home, your money, and whatever might disrupt your day. Short and clear updates, gathered from Portuguese sources.

No signup. No data collected. No app download. Nothing to pay.

More about Bica →

Feedback and corrections are welcome: khaled@dedwen.co