Brazilian digital lender does not expect to go to the stock market to raise capital unless it makes a large acquisition, CEO says
Author Archives: Vinod Sreeharsha
Brazil’s fintechs add services, expand abroad in search of growth
Digital banks are consolidating and entering new businesses to take on the traditional banks in Latin America’s biggest economy, while also expanding to Europe and the United States
Digital payments take off in Brazil
PagSeguro, Mercado Pago, StoneCo and other fintechs are betting on growth in Latin America’s largest economy, attracting competition to a market with seemingly endless opportunities for new business.
Fintech’s crisis moments
The addition to the global lexicon of contactless delivery and social distancing plays directly to the strength of the digital transformation underway in Latin America’s financial sector. The COVID-19 pandemic is speeding that process to a greater scale than ever before
Mexico fintechs firing up
Mexico’s new fintech law, far from perfect, is giving a boost to the sector and closing the gap with early adopter, Brazil
Q&A: Susana Garcia-Robles
The growth in venture capital investment in Latin American tech start-ups shows the region is finally drawing attention but more investor diversity is needed, says the former chief investment officer of IDB Lab
Banks finally embrace the digital age
AI and machine learning are winning new business, but bankers complain of a culture gap and legacy back-office systems that are slow to adapt
Q&A: Luiz Marcelo Calicchio
The co-founder of Brazil’s C6 Bank, one of the latest fintech startups, launched with an extended menu of banking services and is planning to roll out new products to attract consumers and small businesses
Monashees rebuffs SoftBank involvement in latest fund
Brazilian VC firm turns away the Japanese investor, but still hits the $280 mln hard cap with relative ease, sources say
Q&A: Banco Inter President João Vitor Menin
Banco Inter’s president is upbeat about the future as he taps Brazil’s vast unbanked and under-banked market