Nubank’s first H1 profit in Brazil vindicates its growth strategy: The neobanking giant reached first-half profitability at home—and its payment volume and loan book surged. Overseas expansion and a new paid account could continue this momentum.
More governments try to stymie content moderation: Texas' and Brazil’s laws to suppress social media “censorship” would only make it more difficult to combat misinformation on the already-mistrusted social platforms.
We spoke with Rodrigo Gouveia, CEO of Inter Marketplace at Banco Inter, to hear his thoughts on how fintech companies, like Banco Inter, are working to help close the divide between banked and unbanked consumers and democratize access to the digital economy for all.
The UK neobank wants to broaden its presence in Australia, including adding the ability to receive deposits. It’s got a decent shot at breaking through, but it needs to offer its full product suite to impress consumers.