Reported 2 months ago
SKY Brasil's parent, Grupo Werthein, has announced the launch of a fintech named skx, aimed at supporting small businesses associated with the telecom firm. The company will invest 1 billion reais (approximately $178 million) over the next two years, initially offering payment services such as credit and debit cards, with plans to expand into credit and microcredit offerings. The fintech intends to tap into the existing 1,500 small businesses and later expand services to residential clients, leveraging customer data from SKY's extensive client base.
Source: YAHOO