So, why is Brazil the odd-one-out in the IKEA’s emerging markets success? The reasons are many
Read MoreCategory: Brazil
The Future of FinTech in Brazil: digital maturity and verticalization
Latin America FinTech series – To understand the future of Brazil’s FinTech landscape we need to look at the present situation.
Read MoreFinTech in Brazil: Challenger banks unlocking credit to millions of people
Latin America FinTech Series –
Unlocking credit for millions would be essential for Brazil’s economy. So, how does a FinTech do this when most of clients don’t even have a credit history to begin with?
Read MoreBrazil: Telegram exponential growth despite WhatsApp monopoly
WhatApp is the most used messaging app by Brazilians, but Telegram is already present in 35% of mobile users, report shows.
Read MoreBrazil’s financial paradox: where cash is king and digital currency rumors
Brazil’s government just launched its R$ 200 note while the Central Bank hints about a possibility of a digital currency.
Read MoreHow Covid-19 helped decrease the unbanked population in Brazil
The Brazilian government announced a financial support scheme aimed at self-employed and informal workers that had their incomes affected by the coronavirus (Covid-19) crisis. Brazil has a large population of informal workers: those who work cash-in-hand jobs, with no formal work contract. They are mostly unskilled or semi-skilled workers eg. street vendors, service providers like cleaning and home repairs. The financial support will come from state owned bank Caixa Economica Federal. Individuals under the scheme criteria have to open an account with Caixa to receive its benefits. The process is…
Read MoreOpinion: will local brands dominate emerging markets?
The global market of consumer packaged goods is US$ 1.2 trillion and global brands are facing strong competition from local brands in emerging markets. And what’s the global companies’ strategy to remain in relevant in emerging markets? They act fast to acquire these established and already much profitable local brands. In India, for example, the government policy from the invasion of foreign brands made local brand Thumbs Up cola the country’s market leader. In the early 90’s, when the Indian government opened the market to multinationals, Coca-Cola was more than quick…
Read MoreLatin America: 3 platforms changing the crowdfunding game
Here are 3 of Latin America’s biggest platforms running in the upfront of the crowdfunding game.
Read MoreBrazil struggles to find a route to competitiveness
Why is everything so expensive in Brazil? I’m Brazilian and lived there most of my life and never understood it – until I came across this article by the Economist. Some of the main reasons are high taxation combined with a lack of competitiveness – the Brazilian Real ranks in 3rd place of most depreciated against the dollar in 2018, just behind the Venezuelan Bolivar. Not good news, not good news for Brazilians at all. According to a study by the Federation of Industries of São Paulo (Fiesp), a product manufactured in…
Read MoreHow China and Brazil are investing in Africa
After the economic slow-down, inflation and recession – and perhaps, some most pessimistic might say, the eminent down-fall of BRICS, all eyes turn to Africa as the new best thing regarding investments. Brazil and China have already been investing heavily in Africa, but how and where these two countries are investing in the African continent are strikingly different. China has been investing in infrastructural development such as, building highways in Tanzania, financing electricity projects in Sub-Saharan Africa and constructing whole towns in Angola. Most recently, Ethiopia made the headlines as the first African Sub-Saharan…
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