You’re reading The Brazilian Report’s weekly tech roundup, a digest of the most important news on technology and innovation in Brazil. This week’s topics: a new round of investments puts Nubank atop all other independent banks, Brazil’s regulatory agenda for 2021, and the rise of ‘live commerce’ in Brazil.
Nubank rise a good omen for Brazilian fintechs
Nubank has officially ascended to the top table of Brazil’s banking industry. After securing a new investment of USD 400 million in a Series G funding round, the company raised its market value to an eye-popping USD 25 billion. The company claims it...
