Subscribe
Logo
Logo
  • Topics Icon Topics
    • AI Icon AI
    • Banking Icon Banking
    • Blockchain/DeFi Icon Blockchain/DeFi
    • Embedded Finance Icon Embedded Finance
    • Fraud/Identity Icon Fraud/Identity
    • Investing Icon Investing
    • Lending Icon Lending
    • Payments Icon Payments
    • Regulation Icon Regulation
    • Startups Icon Startups
  • Podcasts Icon Podcasts
  • Products Icon Products
    • Webinars Icon Webinars
    • White Papers Icon White Papers
  • TechWire Icon TechWire
  • Search
  • Subscribe
Reading
Brazilian consumer credit startup Open Co raises $115M in SoftBank-led round
ShareTweet
Home
Fintech
Brazilian consumer credit startup Open Co raises $115M in SoftBank-led round

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

John K. White·
Fintech
·Dec. 17, 2021·1 min read

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

  • John K. White
    John K. White

    John has been in communications since graduating from Creative Communications at Red River College Polytechnic in Winnipeg in 1992. He launched one of Canada's first digital-only local news sites called Winnipeg First in 2007, which led to digital editor postings with the Winnipeg Free Press and Edmonton Journal. In 2012 he joined Bankless Times as managing editor, later becoming president and CEO. He and the Bankless Media co-founders completed a sale and exit in August 2021.

    View all posts
Related

What does 2026 hold for Fintech? 

Fintech 3.0 Runs on Stablecoins: Norwest VP Jordan Leites Shares Fintech’s Next Infrastructure Gains

The Credit Building Boom: Innovation or Score Manipulation?

Banking’s New Playbook for Tech, Regulation, and Partnerships

Popular Posts

Today:

  • 2026 FintechWhat does 2026 hold for Fintech?  Jan. 29, 2026
  • 2026 Investor Predictions for AI and Data10 Investor Predictions for AI and Data in 2026 Dec. 17, 2025
  • keep-an-eye-on-these-female-fintech-founders 2 (2)Peer-Picked: Female Fintech Founders on the Rise Aug. 12, 2025
  • KanyiThe World According to Kanyi Maqubela Jul. 8, 2025
  • Fintech Nexus – Newsletter Creative (2)The $100K Wall Threatening the U.S. AI Talent Engine Sep. 24, 2025
  • Kamran AnsariInfinity Ventures’ Newest Venture Partner Kamran Ansari Eyes Stablecoins as Fintech’s Next Wave Oct. 16, 2025
  • 196Receipts, Robots, and the Claude Financial Data Coup Oct. 29, 2025
  • FNWhen AI Runs the Deal: What’s in the VC Automation Stack? Oct. 8, 2025
  • FNFrom Chatbot to Checkout: AI’s Leap Into Commerce Nov. 5, 2025
  • Diya JollyXero’s Jolly on building a tech roadmap to level playing field for small businesses Jan. 14, 2026

This month:

  • Diya JollyXero’s Jolly on building a tech roadmap to level playing field for small businesses Jan. 14, 2026
  • FNThe Credit Building Boom: Innovation or Score Manipulation? Jan. 8, 2026
  • 2026 FintechWhat does 2026 hold for Fintech?  Jan. 29, 2026
  • Fintech 3.0Fintech 3.0 Runs on Stablecoins: Norwest VP Jordan Leites Shares Fintech’s Next Infrastructure Gains Jan. 15, 2026
  • TISC Salmon Problem HD“The Salmon Problem” – Building AI For High Stakes Decision Making Jan. 22, 2026
  • Lin Qiao HDOPINION: Renting Intelligence is a Losing Game; Successful Enterprises Will Own It Jan. 22, 2026
  • 2026 Investor Predictions for AI and Data10 Investor Predictions for AI and Data in 2026 Dec. 17, 2025
  • Jeff Radke AccelerantAs Accelerant IPOs on NYSE, CEO Jeff Radke Hopes to Usher In Insurtech 3.0 Jul. 24, 2025
  • Cate DawsonBanking’s New Playbook for Tech, Regulation, and Partnerships Dec. 18, 2025
  • 5 Founders Driving Humanoid AIThe Humanoid Era: 5 Leaders Defining Physical AI Sep. 10, 2025

More News
  • About
  • Contact
  • Disclaimer
  • Privacy Policy
  • Terms
Subscribe
Copyright © 2026 Fintech Nexus
  • Topics
    • AI
    • Banking
    • Blockchain/DeFi
    • Embedded Finance
    • Fraud/Identity
    • Investing
    • Lending
    • Payments
    • Regulation
    • Startups
  • Podcasts
  • Products
    • Webinars
    • White Papers
  • TechWire
  • Contact Us
Start typing to see results or hit ESC to close
lis digital banking USA Lending Club UK
See all results