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Brazil Eases Foreign Investment into Credit-Related Fintechs (em português)

October 31, 2018
Brazilian Bank notes.

A presidential decree in Brazil will ease foreign investment into credit-related fintechs. Previously, financial services companies with foreign capital could only operate in Brazil by presidential decree. Now, for companies with foreign capital that are working on credit and lending, such a decree is no longer needed.

(Valor Econômico) Uma determinação presidencial publicada nesta terça-feira corrige uma desvantagem das fintechs de crédito em relação às demais startups na captação de recursos. O decreto nº 9.544 reconhece ser de interesse do governo brasileiro a participação estrangeira, em até 100%, no capital social de todas as instituições que forem constituídas como Sociedade…read more at Valor Econômico.

 

Brazil Eases Foreign Investment into Credit-Related Fintechs (em português) was last modified: November 7th, 2018 by Editor
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