Brazil Daily

Fintechs sidestep the economic crisis in Brazil

Today, we cover one of the fastest-growing sectors in Brazil: fintechs. São Paulo’s plan to attract foreign money. And why Black Friday 2020 won’t save retailers.

Brazilian fintechs raise over USD 1 billion in 2020

Amid a sluggish economy with at best uncertain prospects, one sector of the Brazilian economy has largely skirted the crisis: fintechs. According to a new report by startup monitoring platform Distrito, Brazilian fintechs raised USD 36 million from investors in October alone. Since January, a total of 76 investment rounds attracted USD 1.16 billion.

Market outlook. The market is becoming more crowded, with a...

Carnival is coming!

Enjoy any plan of your choice for US$1 for the first month