Brazilian tech companies preferring New York to São Paulo for their IPOs

banco inter ipo tech companies brazil
Banco Inter is an unique example of IPO in São Paulo

As Brazil’s startup environment flourishes and becomes one of the most important in Latin America, investors are looking for options to get involved in the opportunities created by the growing industry. Becoming a shareholder is one of the most practical ways to benefit, but it seems that tech companies are preferring to take their chances up north, especially in the U.S., further from Brazilian investors’ reach.

Last year, two of Brazil’s most promising fintechs, PagSeguro and Stone