Tech

Tech Roundup: How much is SoftBank investing in Brazil?

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You’re reading The Brazilian Report‘s weekly tech roundup, a digest of the most important news about technology and innovation in Brazil. This week’s topics: SoftBank invests in Banco Inter. Artificial Intelligence in Brazil. Uber’s challenges. Rio, the most Instagrammable city in the world. Happy reading!

SoftBank pouring money into Brazil

Investment behemoth SoftBank invested in yet another Brazilian startup earlier this week, offering fintech Banco Inter USD 198 million for an 8-percent stake. The fintech competes in the same market as what was reportedly SoftBank’s first choice, Nubank. Both startups are online platforms that provide banking services with no...

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