Ser to launch first fintech in Brazilian education sector

Ser to launch first fintech in Brazilian education sector

Technology Digital Payments Brazil

Brazilian for-profit education company Ser Educacional plans to launch its own financial technology firm next month and hopes to start offering financial services and operating a digital bank within a year, CFO João Aguiar told LatinFinance on Wednesday. The company has put BRL3 million ($535,385) in equity in the new fintech unit, b.Uni, and expects to invest "up to BRL100 million" in start-up innovations this year, Aguiar said. b.Uni will draw its customers from Ser's 330,000 students and 13,0

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