"Where is Fintech Innovation taking place in Brazil"
A more in-depth survey of Fintech startups in Brazil, allowed us to generate some insights on the Brazilian market. An analysis of the information, shows that Sao Paulo is the city where most of the startups come from, being mentioned as the city of origin for 54% of them, followed by Rio de Janeiro with 10%, Belo Horizonte with 8% and Porto Alegre with 6%. When asked about their market of operations, 90% responded that Brazil was their only market, and 10% of them had already expanded beyond Brazil.
Finnovista and its team would like to thank the following mentors from our network who collaborated in the construction of the Fintech Radar Brazil: Guilherme Horn, Thiago Paiva, Arthur Farache, Ricardo Morikio and John Plaisted. Thanks to all of you for your inputs and feedback.
We also encourage other Fintech companies in Brazil to complete the IADB Fintech Survey to be part of the biggest research study executed so far for the Fintech industry in Latin America.
Do you know any other Fintech startup from Brazil that has not been included in our Fintech Radar?