June 8, 2022 |
Brazil's market for short-term securities is growing fast as a fundraising alternative for debentures and other securities, Rodrigo Amato, CEO of the Brazilian financial technology company Laqus, told LatinFinance.
The fintch, which has officially acted as a central securities depositary since last year, said it just reached BRL700million ($144 million) in commercial paper transactions, including BRL645 million in May alone.
“It is the beginning of the market of commercial papers in Brazil," he
The Brazilian fintech is taking steps to help SMEs raise funds