Morgan Stanley recently bought more than $14mn of local subordinated bonds from online lender Geru Tecnologia e Servicos; Brazil has more than 210 fintech companies, that is a jump from 54 in 2015; it is estimated that the opportunity in Brazil cold be about $75bn in the next 10 years, a big opportunity for banks like Morgan Stanley and Goldman Sachs to seize upon. Source.
Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.