Foreign ownership limits at credit institutions were expected to be raised to an appropriate level to attract foreign investment, which plays an important role in improving operational efficiency and accelerating the banking sector's restructuring.
Younited, a Paris-based credit and payment platform, has hit unicorn status thanks to a €60 million raise from its main shareholders, including Goldman Sachs.
Brazil’s fintech future is bright. A generation of iconic companies have proven what’s possible, and a next generation is already building on their success.