Contxto – Brazil is a giant, but when it comes to challenger and neo-banks is has become a titan amongst titans.
Not only is there a sizable number of contenders in this list—24 challenger and neo players to be precise—, Brazil also happens to be home to the undisputed world champion of neo-banking; Nu Bank.
(Full disclosure, this author is himself a (credit) card-carrying member of the Nu club all the way here in Mexico. I’m pretty happy with it, but tweet me to let me know if you’d like a full review.)
In spite, or perhaps because of this competition, Brazilian challengers and neos have had to up their game, and they have done it in creative and fascinating ways. Take a look, here are Brazil’s challenger and neo-banks: