Most Brazilian fintechs focused on credit are in trouble.
A small view about the credit market moment
In the last two years I received news of a dozen cases about credit fintechs failing.
The high risk of providing loan credits to companies and consumer loans to people is a big challenge to the banks. Imagine for fintechs.
I know at least 20 cases of credit fintechs backed by VCs alleging to stop their operations. The only case that deserves a mention in…