So, why is Brazil the odd-one-out in the IKEA’s emerging markets success? The reasons are many
Read MoreNo IKEA in Brazil: local furniture brands pose fierce competition
Category: Latin America
FinTech in Argentina: turbulent economy brings opportunities for startups
Argentina has a very different economic history than its neighboring countries like Brazil. The Argentinian banking industry is broken and more FinTech startups are challenging the status quo, despite many hurdles.
Read MoreFinTech in Colombia: Ready for financial inclusion
Just behind Brazil and Mexico, Colombia has become very attractive for FinTechs. The growth rate of the Colombia FinTech industry has reached 60% in 2019 (20% more than the regional average).
Read MoreFinTech in Mexico: surge in digital banking targeting Millennials and Gen Z
Mexico’s FinTech landscape is as diverse as Brazil’s, with the payments & remittances sector as the biggest, followed by consumer lending in the number of FinTech
Read MoreThe 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 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 MoreBitcoin trading in emerging markets: going “crypto native”
In one of my previous posts, I mentioned that emerging markets are more “bitcoin or crypto native“. And according to LocalBitcoins, 2018 was a great year for bitcoin trading especially in emerging economies – 4 out of the top 10 countries by bitcoin trading volume, were emerging markets. Here is a quick round-up of why Bitcoin (and other cryptocurrencies) are going big: 4th Place Venezuela: Bitcoin and Dash go head-to-head Venezuela is not an emerging market but I wanted to highlight why this South American country embraced cryptocurrencies so well.…
Read MoreLatin America: 3 platforms changing the crowdfunding game
Everybody knows what “fazer uma vaquinha” or “hacer una vaca” in Latin America is – literally translated as “to do/make a cow” (don’t ask me why!) – it’s nothing more than what we know here as collecting money from different people to buy or do something. The primary form of crowdfunding. Here are 3 Latin American platforms running in the upfront of the crowdfunding game. Kickante – Brazil When in time of crisis, some businesses, like crowdfunding, grow and thrive. As you all must have hard, things are not looking…
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