Disruptive Potential of FinTech Is Higher in Brazil, Says Sergio Furio, CEO of Creditas

The potential for disruption in the financial sector is greater in Brazil than in developed countries, in the evaluation of Sergio Furio, CEO of Creditas.

The startup received a contribution of R$60 million (about $20 million USD) in February. As a result, Creditas is already one of the FinTechs that attracted the most investments in the country. With previous contributions, they have received R$90 million in total.

For Sergio, the potential for disruption is greater in Brazil because of the low competition between banks and the inefficiency of the p ...

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