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The dashboard: Brazil’s benchmark inventory index Ibovespa gained 2.46 p.c this week. In the meantime, the Brazilian Actual misplaced 1.59 p.c in opposition to the U.S. Greenback this week.
- Greatest features: Locaweb (tech), +17.83 p.c.
- Greatest drops: Cogna (training), -8.26 p.c.
Fintechs proceed bleeding worth regardless of digital finance growth
The variety of new digital financial institution accounts in 2021 topped these opened in bricks-and-mortar banks for the primary time ever, in line with a survey by Febraban, a federation of banks. Roughly 9.9 million accounts have been created by means of conventional channels, versus 10.8 million digital accounts – a 66-percent enhance from 2020.
Entry all of The Brazilian Report
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