General

Brazilian consumer credit startup Open Co raises $115M in SoftBank-led round

For decades, Brazil has had a huge credit problem. It is Latin America’s largest country and has one of the highest interest rate spreads in the world.  To give you an idea of just how bad it is, reports indicated that in 2019, credit card interest rates neared a staggering 300% in Brazil. This is […]

Read the full article at: techcrunch.com

The post Brazilian consumer credit startup Open Co raises $115M in SoftBank-led round appeared first on LendIt Fintech News.

Related posts

Silicon Valley Bank Crisis

admin

Fintech Nexus Newsletter (February 22, 2024): The soap opera that is Sequoia and Klarna

admin

Tres empresas se unen para lanzar una tarjeta de crédito respaldada por granos – El Cronista

admin