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Stake keeps its Brazil licence for now after São Paulo federal court order, with operations allowed until October 25
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Stake keeps its Brazil licence for now after São Paulo federal court order, with operations allowed until October 25
Stake has secured a temporary reprieve in Brazil: a federal court in São Paulo has allowed the company to keep operating under its licence until October 25, unless the court issues a different ruling before then. For high-risk PSPs, the detail that matters is simple: Brazil is still very much a live jurisdiction, and court timelines can buy time even when the regulatory picture looks tight.
- The order came from a federal court in São Paulo and gives Stake temporary permission to keep its Brazilian licence in place.
- The current deadline is October 25, so the company can continue operating until that date unless a new decision arrives earlier.
- The source does not mention the underlying dispute, the regulator’s position, or whether any further filings are already on the table.
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