Qred and Webrock launch Joint Venture in Brazil
PUBLISHED: September 26, 2019 Fintech scale-up Qred and investment company Webrock Ventures today announce a joint venture in Brazil. Qred’s digital technology for SME lending will be combined with local expertise and financing from Webrock Ventures and Swedish investment fund manager Atlant Fonder. “The vast majority of small businesses still lack access to credit in order […]
Brazil 2020 – Opportunity Tree by McKinsey
PUBLISHED: May 6, 2019 The Brazilian economy is growing again, with Real GDP growth projected at 2.5% in 2019 and 2.7% in 2020. Interest and inflation rates, as well as country risk have created a favorable investment environment. More than 2/3 of Brazilians have smartphones and spend on average 9 hours connected to the Internet each day […]
Brazilian credit marketplace Finanzero raises USD 11 Million for further expansion
PUBLISHED: April 8, 2019 FinanZero, a Brazilian fintech that operates as a consumer loan broker, received a new round of investment, raising USD 11 million from Atlant Fonder, Dunross & Co and Vostok Emerging Finance, among other investors. “FinanZero will improve its technical platform and invest heavily in marketing to increase the visibility of the brand. We […]