Brazilian fintechs hungry for cash, hoping for better days

Brazilian fintechs hungry for cash, hoping for better days

Corporate & Sovereign Strategy Economy & Policy Funds Brazil Capital Markets Technology

Brazil's financial technology firms have struggled to raise funds but are now hoping for better days, said Diego Perez, president of local trade association ABFintechs. "We are going through times of global uncertainty. The scenario is unpredictable for large-scale investments, so investors have been putting some investment strategies on hold. Companies that need funds have been suffering a bit more than others due to global issues," Perez told LatinFinance. According to the latest survey by ABF

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