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Non-Tech : The Brazil Board
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To: DinoNavarre who wrote (2215)4/12/2022 12:48:18 AM
From: elmatador  Read Replies (1) of 2504
 
Fintech
Nu bank took Brazil by storm. Four big banks dominated the market.

They opened up.

Before a person need to open a bank account needed to ring even its underwear.
  • Now open a bank account via mobile phone.
  • Unbanked can have a bank account.
  • Can invest with a few clicks
Four big banks saddle with
  • Branches in costly areas.
  • ATMs all over the place.
  • Nu bank have only servers
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