Everything You Need to Know About #brazil’s #fintech Industry
▻https://hackernoon.com/everything-you-need-to-know-about-brazils-fintech-industry-9a9069563451?
By Samuel Lett, Launchway MediaBrazil is a nation of magical realism and vibrant communities, yet also of political corruption and economic unrest. Brazil is the largest country in Latin America — both in landmass and population — and holds an influential position on the global stage. After the United States, Brazil tops the list of total Facebook, Twitter, and YouTube users. Moreover, there are more mobile devices in the region than human inhabitants.Regardless of the current state of affairs, the financial technology (fintech) sector is booming in Brazil. According to Finnovista, Brazil is the largest fintech hub in Latin America with over 188 new startups in the past 18 months. The industry has grown to capture the attention of giants such as Goldman Sachs, Sequoia Capital, and Visa. (...)