Latest news with #Barbosa


United News of India
3 days ago
- Sport
- United News of India
Barbosa double fires Cruzeiro to 4-0 win over Juventude
Rio De Janeiro, July 21 (UNI) Gabriel Barbosa struck two second-half goals as leaders Cruzeiro cruised to a 4-0 home win over Juventude in Brazil's Serie A championship. '' Christian Cardoso put the hosts ahead by volleying home from close range and Barbosa doubled the lead with an assured finish following Kaio Jorge's cross on Sunday. Barbosa converted from the penalty spot after Marcos Paulo stamped on Kaio Jorge while contesting a loose ball. Carlos Eduardo completed the rout in stoppage time, latching onto Yannick Bolasie's nodded pass to send a looping header into the top-left corner. The result leaves Cruzeiro with 33 points from 15 games, three points ahead of second-placed Flamengo, while Juventude sits 18th, 22 points further back. Despite his team's impressive start to the season, Barbosa said talk of a title challenge was premature. "I've won two Brazilian Serie A titles and I know that nobody is champion after 15 rounds," the former Flamengo striker said. "There is a long way to go. No team is going to be thinking about the title at this stage of the season. We are taking things game by game. Our next game against Corinthians on Wednesday is going to be tough away from home and we're going to do our best to win." In other Brazilian Serie A fixtures on Sunday, Flamengo won 1-0 at home to Fluminense, Palmeiras prevailed 3-2 at home to Atletico Mineiro, Botafogo won 1-0 at Sport Recife, Vitoria edged Bragantino 1-0 at home and Internacional beat Ceara 1-0 in Porto Alegre. UNI/XINHUA BM


Winnipeg Free Press
04-07-2025
- Sport
- Winnipeg Free Press
Brazilian striker Gabriel Barbosa cleared by CAS in doping rules case
RIO DE JANEIRO (AP) — Brazilian striker Gabriel Barbosa's two-year ban in a doping rules case was annulled by the Court of Arbitration for Sport on Friday. Known as Gabigol, he allegedly evaded a doping control in April 2023 while playing for Flamengo. He denied any wrongdoing. Brazil's anti-doping tribunal imposed the suspension but CAS allowed Barbosa to continue playing while he appealed. CAS, based in Lausanne, Switzerland, cleared Barbosa by unanimous decision. 'Two of the toughest years of my life, being unfairly accused for something I never did,' Barbosa said in a statement. 'No prohibited substance was found, but they still wanted to punish me for an alleged attitude. Justice was done. But the wound stays.' The 28-year-old Barbosa played in the Brazil team that won the 2016 Olympics gold medal in Rio de Janeiro. At age 19, he joined Inter Milan but returned to Brazil in 2019 and helped Rio-based Flamengo win two Copa Libertadores. In January he signed with Cruzeiro. ___ AP soccer:

Straits Times
04-07-2025
- Sport
- Straits Times
Cruzeiro's Barbosa wins appeal against anti-doping fraud ban
Sign up now: Get ST's newsletters delivered to your inbox Cruzeiro forward Gabriel Barbosa has won his appeal against a 24-month suspension for attempted anti-doping fraud, which was overturned by the Court of Arbitration for Sport on Friday. Barbosa, known as Gabigol, was suspended for two years by a Brazilian sports court in March 2024, with the ban starting from the date of the alleged violation, April 8, 2023, when he was playing for Flamengo. Barbosa denied the allegations and Flamengo said they would assist the player in his appeal to CAS. Sport's highest court has now said that although Barbosa's behaviour was completely uncooperative, it could not be considered 'tampering' under the World Anti-Doping Code. The now 28-year-old was accused of making it difficult to carry out an anti-doping test the day before Flamengo's match in the Rio de Janeiro state league, which he took hours after his teammates, local media reported at the time. CAS in April 2024 had allowed Barbosa to continue playing pending the outcome of the appeal. Barbosa now plays for Brazilian Serie A club Cruzeiro after leaving Flamengo late last year. REUTERS Top stories Swipe. Select. Stay informed. Singapore PAP has begun search for new candidates; PM Wong hopes to deploy them earlier ahead of next GE Singapore 20 retired MPs spoke up on many issues in Parliament, helped successors prepare for new role: PM Wong Singapore $3b money laundering case: 9 financial institutions handed $27.45m in MAS penalties over breaches Singapore Banks tighten vigilance and processes following $3b money laundering case Asia JB petrol station shooting: Dead man with bullet wounds dumped at hospital Singapore Trilateral work group formed to address allegations of foreigners illegally taking on platform work Singapore Power distribution system in renewal project may be linked to Bukit Panjang LRT disruption: SMRT Singapore Rise in number of scam e-mails claiming to be from Cardinal William Goh: Catholic Church


Axios
05-06-2025
- Business
- Axios
Exclusive: OatFi nabs $24M for embedded B2B credit
OatFi, a startup providing an embedded working capital financing infrastructure, has raised $24 million in Series A funding, CEO Michael Barbosa tells Axios exclusively. How it works: OatFi partners with AP, AR, and B2B payment platforms to embed financing into invoice and payment workflows. Its APIs handle underwriting, origination, and capital deployment, which allows platforms to offer net terms and early payouts within their core systems. "We're building this credit layer that supports B2B payments, because a B2B payment is inherently a credit transaction," Barbosa says. The big picture: By standardizing embedded credit as a core part of B2B transactions, OatFi hopes to unlock liquidity for platforms, buyers, and suppliers. "The problem isn't so much the movement of the money; it's the workflow that sits on top of the movement of the money," Barbosa says. State of play: Embedded credit is becoming table stakes across B2B commerce and fintech infrastructure, with platforms like Square, Stripe, and Shopify already offering working capital to merchants based on payment flows. Meanwhile, standalone fintech lenders like Pipe, Parafin, and Settle target embedded lending through platform partnerships or direct integrations. Yes, but: Instead of bolting on a merchant cash advance product using payment data, OatFi embeds a full credit infrastructure inside AP and AR workflows, underwriting each transaction and funding it from its own warehouse lines. "Many are taking this classic, generation-one MCA strategy. That's very much not what we do," Barbosa says. Case in point: OatFi powers embedded financing for procurement tools like freight-forwarding platforms like Koverly, and spend management players like Cledara. By the numbers: The NYC-based company now works with over 20 partner platforms and says it has processed more than $500 million in total payment volume since launching in mid-2022. Zoom in: White Star Capital led the Series A round, which included participation from existing investors QED, Portage, and Lorimer Ventures.


Business Wire
03-06-2025
- Business
- Business Wire
OatFi Raises $24M to Build the Modern Credit Network for B2B Payments
NEW YORK--(BUSINESS WIRE)--OatFi, the API-first fintech infrastructure company modernizing how B2B payments are financed, today announced it has raised a $24 million Series A led by White Star Capital, with continued participation from existing investors Portage and QED. OatFi solves one of the most fundamental pain points in B2B commerce: payment terms. By embedding its underwriting, origination, and funding capabilities directly into B2B payment platforms within their Accounts Payable (AP), Accounts Receivable (AR), and commercial charge card workflows, OatFi enables platforms to facilitate B2B transactions with built-in financing at the point where it's needed most. 'B2B payments are not just a money movement challenge—they're a data and workflow challenge,' comments Michael Barbosa, Co-founder & CEO of OatFi. 'That's why we've focused on deep API integrations that offer working capital solutions within the platforms that businesses already rely on to pay and get paid.' The company's API-first approach is purpose-built for integration into the existing workflows of AP/AR systems, issuer processors, and payment platforms. OatFi already counts leading infrastructure players like Unit, Transcard, and Galileo as partners, and has integrated with over 25 platforms over the past three years. In traditional B2B transactions, buyers and suppliers often operate on opposing cash flow incentives. Suppliers seek fast post-delivery payments to recover working capital, while buyers look to delay payments to preserve operating cash and liquidity. This fundamental misalignment has historically relied on outdated solutions like checks, or required suppliers to act as de facto lenders to their customers. OatFi solves this problem with a modern set of APIs that provides a seamless, behind-the-scenes credit layer that delivers the real-time underwriting, ledger and capital to facilitate these transactions. Through OatFi's APIs, parties on both sides of the transaction can operate on their terms without compromising working capital. 'Payment terms determine a business's cash flow conversion cycle—regardless of size,' Barbosa added. ' We're solving this problem where it matters most: at the point of invoicing and payment.' 'OatFi isn't a 'cherry on top' for B2B payment companies looking to unlock a new revenue stream,' said Eddie Lee, General Partner at White Star Capital. 'It delivers a table-stakes product that enables trusted B2B transactions in a world moving rapidly online. First-generation fintech lenders offering MCA products helped support merchants serving consumers. OatFi is helping platforms facilitate commerce between businesses, where the stakes—and the volumes—are even higher.' With this funding, OatFi will accelerate product development and integrations across AP, AR, and payments infrastructure providers – advancing its mission to build the modern credit network powering the $35 trillion in annual US B2B payments. About OatFi OatFi is building the modern credit network for B2B payments. Through API-first integrations with AP, AR, and commercial charge card platforms, OatFi enables financing at the point of transaction, solving payment term mismatches between businesses and facilitating more efficient business cash flow. For more information, visit