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

Funded: Moment raises $36M Series B to automate fixed income for financial institutions

Abstract CEO on RegTech in the era of Trump 2.0

How Ramp’s CEO Eric Glyman is betting big on AI agents

Funded: Layer raises $6.6M to transform SMB accounting

Popular Posts

Today:

  • Pat UtzAbstract CEO on RegTech in the era of Trump 2.0 Jul. 17, 2025
  • MomentFunded: Moment raises $36M Series B to automate fixed income for financial institutions Jul. 18, 2025
  • Jon StonaTips from Airwallex x McLaren on Making the Best of a Fintech Sponsorship  Jun. 18, 2025
  • Eric GlymanHow Ramp’s CEO Eric Glyman is betting big on AI agents Jul. 15, 2025
  • Dr Luke BarrWhen the Copilot Becomes the Pilot (and You Stop Flying) Jul. 16, 2025
  • WayfoundThe AI Agent Wild West Jul. 9, 2025
  • Revised-AI-InvoiceAI Faces Skepticism. Startups Say: OK, Pay When it Works Jun. 25, 2025
  • TechNexus The AI IssueAI’s Existential Opportunity Jul. 9, 2025
  • Stylizedhouse-with-EKGFintech x the One Big Beautiful Bill Jun. 26, 2025
  • Layer2Funded: Layer raises $6.6M to transform SMB accounting Jul. 14, 2025

This month:

  • Jon StonaTips from Airwallex x McLaren on Making the Best of a Fintech Sponsorship  Jun. 18, 2025
  • Penny LeeThe Battle for Open Banking’s Future Jul. 10, 2025
  • KanyiThe World According to Kanyi Maqubela Jul. 8, 2025
  • WP UmbrellaTo Bank or Not to Bank: The ILC Question Jun. 5, 2025
  • Stylizedhouse-with-EKGFintech x the One Big Beautiful Bill Jun. 26, 2025
  • Revised-AI-InvoiceAI Faces Skepticism. Startups Say: OK, Pay When it Works Jun. 25, 2025
  • Eric GlymanHow Ramp’s CEO Eric Glyman is betting big on AI agents Jul. 15, 2025
  • Globe-money-symbolsOPINION: Why Brazil and India are leading the global digital shift through payment innovation Jun. 24, 2025
  • Email-AI-pieceAvatar CEOs Have Entered the Meeting Jun. 18, 2025
  • Pat UtzAbstract CEO on RegTech in the era of Trump 2.0 Jul. 17, 2025

  • About
  • Contact
  • Disclaimer
  • Privacy Policy
  • Terms
Subscribe
Copyright © 2025 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