This week. Revolut, a new heavyweight competitor for Nubank, arrives in Brazil. Rio de Janeiro tries – again – to enter the delivery app business. And what has been the downside to the fintech boom in Latin America?
A new heavyweight competitor for Nubank?
Revolut, known as the most popular digital bank in Europe and present in 35 countries, is coming to Brazil. This week, the British fintech announced that Glauber Mota, one of the executives responsible for creating BTG Pactual’s digital bank, would head the operation in the country.
Heavyweight. With 18 million customers worldwide, Revolut is challenging