Tech Roundup: A bank by the left, for the left

The Brazilian Report’s weekly tech roundup is a digest of the most important news on technology and innovation in Brazil

cryptocurrency fintech bank open banking
Montage: André Chiavassa/TBR

This week’s topics: a Brazilian fintech wants to combine investment with a left-wing ideology; GuiaBolso tests a new business model as open banking arrives in Brazil, and the Federal Revenue Service creates new rules for declaring cryptocurrency transactions.

When polarization becomes a business model

leftbank bank fintech brazil
Image: LeftBank

In a world where customers are flooded with options, the idea of the business niche becomes even more important. And that is precisely the plan for one Brazilian fintech, seeking to cater exclusively to left-wing customers. Under the motto “your money, your bank account, no bankers,” LeftBank is seeking to put a leftist twist on...

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