Guga Stocco on Banking Innovation
Brazilian Guga Stocco is an advisor and board member of companies like B3, the biggest stock market in the world. He co-founded Domo Invest, a fund that raised R$ 100 million for investments in Internet and Fintech. Stocco was also responsible for the creation of the first fully digital bank in Brazil with more than 300,000 clients and projects such as online bank account opening and open banking platform, allowing fintechs to access APIs easily and explore Brazilian Market.
As the fourth part of Strands Finance's SME Finance Forum interview series, they asked Stocco about the key initiatives in the digital transformation taking place in Brazil, and how banks or financial institutions can take advantage of this opportunity.
This blog post was originally published by Strands Finance in the run up to Global SME Finance Forum 2017, which took place in Berlin, November 1-3.