5 FinTech companies transforming the financial space in Brazil

Brazil is a strategic player in the global market and the most influential country in Latin America. The country is said to have the largest online population in Latin America, with 150mn Brazilians connected and 68% owning a smartphone. It is also the largest FinTech hub in Latin America, which is driven by strong growth in the digital banking segments.

According to Global Index database, there are about 48mn unbanked Brazilians. This part of the population moves nearly 204bn USD of the country’s economy per year. The articles list 5 FinTechs disrupting the financial space in Brazil.

 

By Pavithra R via IBS Intelligence

 

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