Industry landscapes
Industry report

Funding and advertised pay are reported in USD; filed accounts retain their stated source currency and basis.

Exchange-rate basis

Indicative conversions use ECB reference rates dated 2026-09-14, applied consistently across all periods. They are not historical exchange rates. Indian rupees may use crore (1 crore = 10 million); other currencies use K, M and B. CSV downloads, source documents and quoted news headlines retain their original currencies.

THE BRAZIL EDITION 2026

Brazil’s
fintech industry,
in focus.

The companies, capital and talent shaping fintech in Brazil. Find the leaders. Understand the segments. See where the activity is.

Snapshot: Funding in USD
Illustrated cover for Fintech Industry Landscape of Brazil
BR
COMPANIES · CAPITAL · TALENT

An industry ecosystem,
measured in context.

Fintech illustration
MEET THE COMPANIES

Explore Brazil’s fintech leaders

24 featured companies from the funding, hiring, revenue and team-size leaderboards.

Expand panel +
Fintech company highlights in Brazil, snapshot 31 August 2026
Company
Nubanknubank.com.br$2.33B8,049Financial figure available in RadarView in Radar
Cielocielo.com.br$2.28B13,347
Creditascreditas.com$1.01B2,899
Neonneon.com.br$924.29M2,320
Agibankagibank.com.br$487.5M
Cloud Walkcloudwalk.io$480.78M500
EBANX$460M
Open Coopen-co.com$387.64M244
5PI5pi.com.br4 roles
AgromAIagromai.com.br4 roles
CICLICciclic.com.br4 roles64
Krediligkredilig.com.br4 roles
Parcelexparcelex.com.br4 roles27
São Bernardo Sampsaobernardosamp.com.br4 roles
Oxpayoxpay.com.br3 roles
QueroQuitarqueroquitar.com.br3 roles64
ASAASasaas.com482
Acertoacerto.com.br
Agrolendagrolend.agr.br43
C6bankc6bank.com.br3,989
Celcoincelcoin.com.br238
EBANXebanx.com1,200
Interinter.co4,071Financial figure available in RadarView in Radar
Materamatera.com1,000
24 featured companies

Locked revenue figures are available in Radar; the eight company financial previews stay the same throughout this page. A dash means the figure is outside these featured lists. Revenue years vary by company; the figures are not a like-for-like revenue comparison. Compare annual accounts ↗

Company discovery

Recorded evidence only
THE KEY SIGNALS

Fintech industry KPIs in Brazil

A few useful ratios bring the size of this ecosystem into perspective.

31 August 2026
Hiring participation6.2%

92 of 1,495 tracked companies have open roles.

Funding participation18.3%

274 of 1,495 tracked companies have a recorded round.

Top 3 funding share38.3%

Share of disclosed capital received by the three largest recorded recipients.

Median disclosed round$5.49M

Midpoint of 453 rounds with a disclosed amount.

Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 38.3% of disclosed capital, while 81.7% of tracked companies have no recorded funding round.

Explore the segments →
CAPITAL & COMPANY FORMATION

How Brazil fintech has grown

Recorded company formation and disclosed funding across the complete annual series shown.

Expand panel +
2016 — 2025

Disclosed funding by year

Sum of recorded funding rounds · USD

Brazil fintech
$0$1.2B$2.4B$3.6B$4.8B2016: $199.22M20162017: $121.66M20172018: $453.58M20182019: $1.95B20192020: $1.48B20202021: $4.21B20212022: $1.7B20222023: $601.21M20232024: $1.1B20242025: $1.09B2025
View the numbers
Annual fintech funding and company formation in Brazil
YearFunding (USD)FoundedRaising
2016$199.22M8010
2017$121.66M9910
2018$453.58M14423
2019$1.95B14229
2020$1.48B17338
2021$4.21B12970
2022$1.7B6466
2023$601.21M6048
2024$1.1B3061
2025$1.09B936
WHERE CAPITAL SITS

Funding concentration

Share of all disclosed company funding.

  • Nubank15.9%
  • Cielo15.6%
  • Creditas6.9%
  • Other companies61.7%

Funding by stage

529 recorded rounds since 2016

NUMBER OF ROUNDS
Seed & Angel230 43.5%
Series A–B198 37.4%
Series C+ / PE56 10.6%
Grants, debt & other45 8.5%

Recent recorded rounds

Latest recorded rounds · USD
8 rounds

Swipe or scroll horizontally to browse.

Series B05/2026
Franq $12.4M

Backed by Valor Capital Group and Quona and others.

Seed05/2026
Beepay $405.71K

Backed by Sicredi and Acate and others.

Seed04/2026
Segura $8M

Backed by Andreessen Horowitz and Kaszek and others.

Seed04/2026
HiSofi $1M

Backed by Sororite and SaaSholic.

Series C03/2026
Azos $24M

Backed by Kaszek and Kevin Efrusy and others.

Series A03/2026
Blissapp $11M

Backed by K Fund and Bradesco Bank and others.

Seed03/2026
Core AI $4.5M

Backed by 14B and Big Bets and others.

Largest and notable recorded rounds

Each card is one recorded round
10 cards

Swipe or scroll horizontally to browse.

Series C06/2021
EBANX$430M

Backed by Advent International.

Series C09/2020
Neonneon.com.br$300M

Backed by General Atlantic and Vulcan Capital and others.

THE BUSINESS BEHIND THE ACTIVITY

Revenue, profitability & financial strength

Expand panel +

Annual accounts availability

No reviewed exact national-ID connector has yet been qualified for Brazil; this is a checked implementation boundary, not evidence that filings are absent.; No reviewed exact national-ID connector has yet been qualified for Brazil; this is a checked implementation boundary, not evidence that filings are absent.

DIGITAL FOOTPRINT

Web traffic, app reach and release cadence

How the Brazil companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.

Busiest websites

51 of the 1,495 companies on this page carry a measured traffic record (3.4%); these are the largest of those, by monthly visits. The median among them is 425,772 visits.

CompanyMonthly visitsAuthorityMobile
Nubanknubank.com.br11,451,0926682.3%
InfintePayinfinitepay.io9,528,6084789.4%
EBANXebanx.com8,375,9444588.7%
Supersimsupersim.com.br2,740,7325192.5%
Banco BVbv.com.br2,305,9105461.7%
C6bankc6bank.com.br1,932,8895782%
Unimedunimed.coop.br1,894,0877254.4%
Cielocielo.com.br1,559,8045358.6%
Tonton.com.br1,443,0734391.2%
Bancointerbancointer.com.br1,180,7433786.5%

Visits and authority are third-party web estimates, not company-reported figures.

Most-installed apps

373 of these companies (24.9%) publish at least one Android app — 625 apps in all, carrying 1.3B installs between them.

Installs are lifetime totals to date at the June 2026 store reading — a measure of reach, not of people using an app today.

App reach by segment

The busiest app inside each of this page’s own segments, with the quarterly release trend behind it (2024Q1–2026Q2).

SegmentAppsInstallsLeading appRelease trend
Banking Tech151593.1MNu 258.8M
Payments256525.7MBanco PicPay: Cartão, Pix e + 166.2M
Alternative Lending68110.3MGringo: Licenciamento, IPVA + 22.8M
Finance & Accounting Tech5375MDigio: Cartão de crédito 23.6M
Investment Tech6440.8MRico: só vantagem pra investir 11.5M
Hrtech4236.4MTicket 21.8M
Online Travel3235.2MFlash | Benefícios e Despesas 4.6M
E-Commerce Enablers424.7MTon: maquininha, tap e conta 18.8M

A company can carry several segment tags, so these rows overlap and should not be added together. Trend lines are zero-based and share one quarter grid, so a flat line is a quiet segment, not a missing one.

Release cadence by quarter

New apps published, beside apps whose most recent update landed in that quarter — the second bar is how much of the shelf is still being maintained.

2023Q2: 92023Q2: 72023Q22023Q3: 52023Q3: 32023Q32023Q4: 92023Q4: 112023Q42024Q1: 52024Q1: 62024Q12024Q2: 122024Q2: 92024Q22024Q3: 82024Q3: 102024Q32024Q4: 72024Q4: 162024Q42025Q1: 102025Q1: 132025Q12025Q2: 102025Q2: 192025Q22025Q3: 82025Q3: 582025Q32025Q4: 42025Q4: 712025Q42026Q1: 82026Q1: 882026Q1

Darker bars are new releases, lighter bars apps updated. 267 of 625 apps carry a release date. The series ends at 2026Q1, the last quarter that closed before the June 2026 reading.

INSIDE THE INDUSTRY

The Brazil fintech market map

Explore the segments behind the headline numbers.

Expand panel +

Where companies are building

Rank segments by scale, hiring or disclosed funding.

Enterprise tech855
Consumer digital669
Enterprise software365
Nbfc lenders230
Business payments solutions218
Commerce enablers182
Saas167
Marketplaces125
Cfo stack80
Fintech saas72
Blockchain in financial services67
Online business payments59

Companies can sit in several segments. Counts and funding overlap.

SEGMENT TO EXPLORE

Enterprise tech

The largest measured segment in this report snapshot.

855companies
6.5%have hiring activity

56 companies hiring · $7.6B disclosed funding

Explore in Radar

How companies make money

Common revenue models; a company can use more than one.

Commission on transaction1,067
Subscription938
Fee-for-service355
E-commerce - service330
Lending172
E-commerce - product65
Advertising56
Physical commerce14
THE COMPANIES IN MOTION

Who is listing, hiring leaders, launching and winning work

Recorded corporate activity linked to companies in this landscape.

Expand panel +
Recent corporate headlines 10 dated reports
Funding roundshisofi.com ↗

HiSofi, Fintech of São Paulo, has just raised R$ 5 million in a seed round (initial phase of investments in startups) with participation from the Sororitê, SaaSholic and other investors.

Funding roundsnubank.com.br ↗

Nubank, one of the largest digital financial services platforms in the world, announces investments of approximately BRL 45 billion (US$8.2 billion) in Brazil in 2026.

Funding roundsheroseguros.com.br ↗

Brazilian insurtech Hero Seguros raised $7M in its first funding round, led by Headline XP with participation from Actyus.

Funding roundsazos.com.br ↗

Azos, a São Paulo, Brazil-based insurtech, raised US$24m in Series C funding.

IPO activityjeitto.com.br ↗

The Jeitto (Android, iOS) plans to make its initial public offer (IPO) between 2027 and 2028. ... said the company seeks to capture something close to R$ 700 million to finance the growth of the credit portfolio

Funding roundsisaac.com.br ↗

ISAAC has announced the closure of an investment round of 14 million euros, a strategic milestone in the company's industrial and international growth trajectory.

IPO activityagibank.com.br ↗

Brazilian fintech Agibank raised US$240 million in its downsized U.S. IPO after sharply reducing both the proposed deal size and the price range. The Sao Paulo-based company sold 20 million shares at $12 apiece. It had earlier offered roughly 43.6 million shares between $15 and $18 apiece.

Mergers & acquisitionsmeutudo.com.br ↗

BTG Pactual acquired up to a 48% stake in Brazilian digital credit platform meutudo, currently valued at around $200M.

IPO activitypicpay.com ↗

PicPay went public in New York last month, marking the first stock market flotation by a Brazilian company in more than four years.

Mergers & acquisitionsasaas.com ↗

Asaas, an operational platform for financial management for companies, announces the acquisition of Mutual Insurance.

Full recorded event mix

Top 10 categories among 413 recorded events in the 24-month window.

Funding rounds
99
Leadership moves
89
Mergers & acquisitions
55
Earnings
36
IPO activity
32
Company announcements
32
Regulatory
19
Capital infusions
14
New products
10
Contracts
9
7 activity cards

Swipe or scroll horizontally to browse.

Leadership moves

34 tracked people moves

EBANX ↗
Jefferson Nunes

Appointment Chief Human Resources Officer

EBANX ↗
Isabela Rebello

Appointment Global Vice President of Risk and Compliance

EBANX ↗
Kalecser Kurtz

Appointment Chief Technology Officer

Dock ↗
Fabio Herszkowicz

Appointment Chief Executive Officer

Jeitto ↗
Guilhermo Mathias

Appointment Director

Dock ↗
Antonio Soares

Appointment Chief Executive Officer

Jeitto ↗
Fabiano Camperlingo

Appointment Business VP

Divibank ↗
Mariana Vicente Barbieri

Appointment Head of Partnerships

Product launches

Products, platforms and features in the recorded window

PicPay ↗
Epic

Product

PicPay ↗
global account

Service

Contract wins

7 recorded customer wins

will bank ↗

Customer: Master Bank

Pismo ↗

Customer: vivi moneyFinancial Services

Nubank ↗

Customer: Inter Miami

Customer: Banco Central (BC)

C6bank ↗

Customer: timFinancial services

Jazz ↗

Customer: sabre corporationTravel Technology

Workforce actions

3 companies with reported reductions

Pismo ↗

Scale not stated rolescorporate restructuring

Nubank ↗

14 rolesjust cause

Kyte ↗

Scale not stated rolescost reduction

Regulatory events

22 recorded events

will bank ↗

bank liquidatedCentral Bank of Brazil

Nubank ↗

conditional approval for national banking charterOffice of the Comptroller of the Currency

Nubank ↗

approved for license

Nubank ↗

banking license approvalCNBV

Litigation

5 tracked suits

Company
N, A v Five employees of Volkswagen, supplier

aid to commercial fraudCriminal ·

Company
supplier v kronstadt

bankruptcy application over failure to comply with court decisionCivil · Filed

Earnings pulse

Reported company results in the recorded window.

13companies
36period observations
20.0%median reported growth

Median across 31 reported growth observations; companies may contribute multiple periods.

Mergers and acquisitions

Company-linked deal reports; status is preserved as recorded.

Acquirer → targetStatusDateValue / context
UnimedRegenboog Shipping PharmacyAnnounced2026-03-04Not stated in snapshot
btg pactualmeutudo ↗Announced2026-02-13$200.0M
ASAASmutual insuranceAnnounced2026-02-03Not stated in snapshot
evertecSinqia ↗Completed2026-02-02Not stated in snapshot
evertecsize ↗Announced2026-02-02Not stated in snapshot
UnimedElssi Maritime ServicesAnnounced2025-12-15Not stated in snapshot

A discussion or rumour is not a completed transaction. An unstated value is not zero.

PEOPLE & OPPORTUNITY

The talent market

3 postings in the preceding 12 months. The full 10-posting snapshot covers 8 employers.

Expand panel +

Most advertised job titles

Kyc Analyst(Remote)1
Desenvolvedor Front End (Angular) Pleno | Wallet E Banking Remoto1
0 internship postings

3 tracked postings mention remote work.

Skills employers mention

Top skills across 10 tracked postings in the available jobs snapshot.

Fintech
4
Database
2
Spreadsheet
2
Engines Model
2
Kyc
2
Content Strategy
2
Datacenter
2
Saas
2
Insurance
1
Life Insurance
1
THE PEOPLE BUILDING THE FIELD

Founders and leaders

811 founders and chief executives across 584 companies.

Expand panel +
12 profiles

Swipe or scroll horizontally to browse.

Education networks

80 profiles with education records.

Stanford University
14
Harvard Business School
14
Pontifical Catholic University of Rio de Janeiro
9
Columbia Business School
7
INSEAD
7
University of Chicago
6
Stanford Business School
5
Harvard University
5

Prior employers

17 profiles with prior-work records.

McKinsey
7
Morgan Stanley
2
Boston Consulting Group
2
Goldman Sachs
2
Microsoft
2
Apple
1
Google
1
Bain
1

Profiles cover recorded founders and leaders; contact details remain in Radar.

NEWS INTELLIGENCE

How this industry appears in the news

480,395 articles in the measured 12-month window.

Expand panel +
480,395articles in the measured year
50,788articles in 2026Q1
26.7%positive tone in the latest complete year

News volume trends

Fintech coverage across Brazil · articles per complete quarter

088,944177,888266,832355,7762021Q2: 46,5162021Q22021Q3: 51,2732021Q4: 39,5092022Q1: 41,6922022Q2: 42,2592022Q22022Q3: 45,0262022Q4: 71,3332023Q1: 62,7542023Q2: 94,9852023Q22023Q3: 73,5012023Q4: 53,1952024Q1: 61,0112024Q2: 72,2532024Q22024Q3: 79,9842024Q4: 83,8062025Q1: 105,2172025Q2: 78,9002025Q22025Q3: 309,3702025Q4: 48,4962026Q1: 50,7882026Q1
View quarterly article counts
QuarterArticles
2021Q246,516
2021Q351,273
2021Q439,509
2022Q141,692
2022Q242,259
2022Q345,026
2022Q471,333
2023Q162,754
2023Q294,985
2023Q373,501
2023Q453,195
2024Q161,011
2024Q272,253
2024Q379,984
2024Q483,806
2025Q1105,217
2025Q278,900
2025Q3309,370
2025Q448,496
2026Q150,788

Article volume measures coverage, not market sales.

Tone of coverage over time

2021
66,429 positive · 34,141 neutral · 47,007 negative
2022
97,142 positive · 52,669 neutral · 50,204 negative
2023
145,479 positive · 70,796 neutral · 67,688 negative
2024
130,557 positive · 102,086 neutral · 63,925 negative
2025
144,659 positive · 157,722 neutral · 238,889 negative

Leading coverage topics

Fintech coverage across Brazil · ranked by full-period article count.

International And Transnational Geographic Entities300,921 articles in the full recorded period
108,081 recent · 81,381 prior
Geopolitical Disputes And Contested Areas300,918 articles in the full recorded period
108,080 recent · 81,378 prior
Administrative And Political Subdivisions300,883 articles in the full recorded period
108,066 recent · 81,368 prior
International Sports Competitions27,169 articles in the full recorded period
4,283 recent · 6,534 prior
Professional League Updates14,429 articles in the full recorded period
3,297 recent · 2,983 prior
Cryptocurrency Impact On Forex Markets14,059 articles in the full recorded period
3,828 recent · 3,355 prior
International Political Relations13,156 articles in the full recorded period
2,861 recent · 3,529 prior
Trade Policies And Agreements11,640 articles in the full recorded period
5,525 recent · 3,545 prior
Olympic Games Coverage10,855 articles in the full recorded period
1,256 recent · 3,666 prior
Athlete Transfer Rumors10,529 articles in the full recorded period
2,529 recent · 2,216 prior

Recent and prior counts use the source comparison windows.

Topics gaining and losing attention

Fintech coverage across Brazil

KeywordRecentPriorChange
countries4,1911,860125%
tariff negotiations3,2402,04858%
trade dispute mechanisms1,37576779%
free trade deals1,34491148%
climate mobilization1,07875842%
angel investors1,057327223%
bilateral trade1,05263865%
preferential tariff1,00954685%
tariff rate quota849416104%
mfn tariff66836185%
olympic team selections2131,320-84%
geopolitical alliances7181,087-34%
ronaldo544975-44%
olympic trials175900-81%
copa libertadores154853-82%

Event and signal lenses

Fintech coverage across Brazil

All complete annual cohorts shown
Rising

Regulatory Risk

618,252 classified articles

territories, disputed islands, countries

15.8% critical · 11.5% positive
Rising

Funding Momentum

43,329 classified articles

angel investors, early-stage investment, asset acquisition

33.2% critical · 41.5% positive
Rising

Growth

124,055 classified articles

gdp growth rate, economic growth statistics, economic output growth

26.7% critical · 45.1% positive

Fintech coverage across Brazil. Topic labels describe recorded classifications and can include broad context.

RESEARCH SIGNALS

What Fintech research is working on

13,825 papers in the recorded worldwide scope.

Expand panel +
13,825papers
13,825worldwide comparison pool
India-affiliated papers

Research orientation

Promising
4,450
Descriptive
3,501
Problem-identifying
3,141
Cautionary
1,411
Breakthrough
754
Comparative
414
Critical
154

Contribution mix

Empirical
8,354
Reviews
2,307
Position pieces
1,635
Methods-led
1,361
Theoretical
168

Tone counts: 12,714 positive · 252 neutral · 859 negative.

Common problems researchers identify
3,295 papers · 23.8% of this field
  • Financial services1,723 papers
  • FinTech1,301 papers
  • Financial inclusion570 papers
  • Payment489 papers
  • Government245 papers
  • Financial literacy205 papers
  • Cryptocurrency201 papers
  • Investment172 papers

Landmark: The digital revolution in financial inclusion: international development in the fintech era

Cautions
1,411 papers · 10.2% of this field
  • Financial services670 papers
  • FinTech538 papers
  • Financial inclusion348 papers
  • Payment283 papers
  • Financial literacy129 papers
  • Mobile payment102 papers
  • Digital currency95 papers
  • Investment91 papers

Landmark: Blockchain Technology in Finance

Opportunities
5,204 papers · 37.6% of this field
  • Financial services2,148 papers
  • FinTech1,839 papers
  • Financial inclusion1,123 papers
  • Financial literacy786 papers
  • Payment749 papers
  • Database transaction382 papers
  • Investment314 papers
  • Mobile payment301 papers

Landmark: On the Fintech Revolution: Interpreting the Forces of Innovation, Disruption, and Transformation in Financial Services

Leading institutions

UNSW Sydney
743
University of Manchester
727
University of York
716
University of the West of England
716
Universidad de Zaragoza
685
Columbia University
667

Leading researchers

Robert J. Kauffman
1,822
Peter Gomber
1,821
Chris Parker
1,821
Bruce W. Weber
1,821
Daniela Gabor
716
Sally Brooks
716
Itay Goldstein
621
Wei Jiang
621

Highly cited breakthrough-labelled papers

  • On the Fintech Revolution: Interpreting the Forces of Innovation, Disruption, and Transformation in Financial Services1,820 citations
  • Intention to use analytical artificial intelligence (AI) in services – the effect of technology readiness and awareness370 citations
  • The FinTech phenomenon: antecedents of financial innovation perceived by the popular press240 citations
  • FinTech ecosystem practices shaping financial inclusion: the case of mobile money in Ghana116 citations
  • CBDC, Fintech and cryptocurrency for financial inclusion and financial stability100 citations

Common problems researchers identify

10,570 papers · 7 recurring themes
7 cards

Swipe or scroll horizontally to browse.

Financial Inclusion ChallengesCommon problems researchers identify · 01

Financial Inclusion Challenges

1,447 papers

24.1% of this theme group

Researchers discuss obstacles to broadening access to financial services through fintech innovations.

FinTech (679) · Financial services (885) · Financial inclusion (269) · Financial innovation (90)

Enriching Financial Inclusion through Fintech

DIGITAL TRANSFORMATION IN THE BANKING SYSTEM: PROSPECTS FOR COOPERATION BETWEEN FINTECH COMPANIES AND BANKS

View research history
YearShare index
2022535.2
2023588.5
2024650.5
20251023.2
Payment System LimitationsCommon problems researchers identify · 02

Payment System Limitations

1,364 papers

22.7% of this theme group

Papers highlight cost, security, and regulatory issues hindering electronic payment adoption.

Payment (1,251) · Payment system (509) · Payment service provider (217) · Settlement (86)

Better than Cash, but Beware the Costs: Electronic Payments Systems and Financial Inclusion in Developing Economies

ISSUES AND CHALLENGES OF ELECTRONIC PAYMENT SYSTEMS

View research history
YearShare index
2022590.9
2023562.2
2024710.5
2025799.0
Mobile Payment Adoption BarriersCommon problems researchers identify · 03

Mobile Payment Adoption Barriers

1,149 papers

19.1% of this theme group

Studies examine factors that affect user acceptance and usage of mobile banking and payment services.

Mobile payment (869) · Mobile banking (220) · Mobile business development (111) · Mobile phone (135)

User Acceptance Testing of Mobile Payment in Various Scenarios

Exploring Determinants Influencing the Intention to Use Mobile Payment Service

View research history
YearShare index
202277.6
202383.0
202482.8
2025139.8
Credit Card Fraud ConcernsCommon problems researchers identify · 04

Credit Card Fraud Concerns

692 papers

11.5% of this theme group

Works focus on detecting and mitigating fraudulent activities in credit card transactions.

Credit card fraud (107) · Credit card (118) · Financial fraud (43) · Computer security (107)

Machine Learning for Credit Card Fraud Detection

Credit Card Fraud Detection and Analysis

View research history
YearShare index
202247.3
202347.0
202447.7
202563.6
Algorithmic Trading RisksCommon problems researchers identify · 05

Algorithmic Trading Risks

585 papers

9.8% of this theme group

Research addresses market impact, regulatory gaps, and potential abuses in high‑frequency trading.

Algorithmic trading (222) · High-frequency trading (148) · Alternative trading system (140) · Insider trading (79)

High-Frequency Trading and Its Impact on Markets

High-Frequency Trading: A Regulatory Strategy

View research history
YearShare index
202219.5
202320.0
202418.3
202531.1
Portfolio Optimization IssuesCommon problems researchers identify · 06

Portfolio Optimization Issues

404 papers

6.7% of this theme group

Authors explore difficulties in constructing efficient portfolios under modern and post‑modern theories.

Portfolio (386) · Portfolio optimization (163) · Modern portfolio theory (70) · Post-modern portfolio theory (46)

Machine Learning Optimization Algorithms & Portfolio Allocation

Portfolio Optimization: New Challenges and Perspectives

View research history
YearShare index
2022315.6
2023306.6
2024225.8
2025345.9
Money‑Laundering ComplianceCommon problems researchers identify · 07

Money‑Laundering Compliance

359 papers

6.0% of this theme group

Papers investigate regulatory and data‑privacy challenges in preventing illicit financial flows.

Money laundering (320) · Terrorism (65) · Accounting (54) · Compliance (44)

National and international anti-money laundering law : developing the architecture of criminal justice, regulation and data protection

Balancing anti-money laundering measures and financial inclusion

View research history
YearShare index
20221897.3
20231880.1
20241584.8
20251002.7

Cautions

3,742 papers · 7 recurring themes
7 cards

Swipe or scroll horizontally to browse.

Fintech Inclusion Trade‑offsCautions · 01

Fintech Inclusion Trade‑offs

756 papers

20.2% of this theme group

Scholars caution that expanding access may create stability and oversight challenges.

FinTech (412) · Financial services (449) · Financial inclusion (227) · Financial innovation (65)

The Role of Fintech Technology in Improving Financial Inclusion and Financial System Stability

Advancing Financial Inclusion through FinTech: A Regulatory Insight into Emerging Industry Practices

View research history
YearShare index
2022535.2
2023588.5
2024650.5
20251023.2
High‑Frequency Trading OversightCautions · 02

High‑Frequency Trading Oversight

579 papers

15.5% of this theme group

Analyses critique current regulations and market‑quality effects of rapid algorithmic trading.

Algorithmic trading (254) · High-frequency trading (153) · Alternative trading system (102) · Trading strategy (117)

High Frequency Trading and Its Impact on Market Quality

Implementing High Frequency Trading Regulation: A Critical Analysis of Current Reforms

View research history
YearShare index
202219.5
202320.0
202418.3
202531.1
Payment System Policy ShiftsCautions · 03

Payment System Policy Shifts

565 papers

15.1% of this theme group

Research warns of unintended consequences when redesigning payment reimbursement structures.

Payment (536) · Payment system (180) · Reimbursement (36) · Prospective payment system (34)

Hospital response to a new case-based payment system in China: the patient selection effect

Payments transition in India – consumer preferences and policy shifts

View research history
YearShare index
2022598.5
2023567.6
2024714.6
2025803.0
Portfolio Model RiskCautions · 04

Portfolio Model Risk

522 papers

13.9% of this theme group

Studies highlight statistical and econometric uncertainties in advanced portfolio optimization methods.

Portfolio (494) · Portfolio optimization (203) · Diversification (105) · Econometrics (109)

Model Risk in Portfolio Optimization

Optimization of portfolio management based on vector autoregression models and multivariate volatility models

View research history
YearShare index
2022318.1
2023308.9
2024228.0
2025346.6
Mobile Money User ExperienceCautions · 05

Mobile Money User Experience

496 papers

13.3% of this theme group

Works stress the need for better design and trust to achieve inclusive mobile financial services.

Mobile payment (380) · Mobile banking (81) · Payment (228) · Mobile phone (39)

Mobile Money for Financial Inclusion

Understanding user experience of mobile money services in emerging markets

View research history
YearShare index
2022633.6
2023610.5
2024762.5
2025878.6
Financial Fraud Detection LimitsCautions · 06

Financial Fraud Detection Limits

495 papers

13.2% of this theme group

Reviews point out gaps and biases in current machine‑learning approaches to fraud identification.

Accounting (63) · Money laundering (78) · Audit (50) · Credit card fraud (26)

A Review on Financial Fraud Detection using AI and Machine Learning

Use of Machine Learning in Financial Fraud Detection: A Review

View research history
YearShare index
20222207.7
20232190.6
20242016.5
20251778.7
Digital Currency SecurityCautions · 07

Digital Currency Security

329 papers

8.8% of this theme group

Papers assess cybersecurity and stability risks associated with blockchain‑based payment ecosystems.

Digital currency (124) · Blockchain (71) · Cryptocurrency (95) · Currency (78)

Cybersecurity and Blockchain for Secure Financial Transactions: Evaluating, Implementing, and Mitigating Risks of Digital Payments

Public Payment Systems in the Digital Era: Responding to the Financial Stability and Security-related Risks of Cryptocurrencies

View research history
YearShare index
2022801.9
2023842.3
2024890.0
20251127.0

Opportunities

28,937 papers · 7 recurring themes
7 cards

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Advanced Portfolio OptimizationOpportunities · 01

Advanced Portfolio Optimization

1,697 papers

28.3% of this theme group

Research proposes new mathematical models to improve multi‑objective portfolio construction.

Portfolio (1,578) · Portfolio optimization (936) · Mathematical optimization (268) · Modern portfolio theory (157)

Application of portfolio optimization

The research on portfolio optimization model and strategy for multiple objectives

View research history
YearShare index
2022371.2
2023354.5
2024252.1
2025358.7
Machine‑Learning Fraud DetectionOpportunities · 02

Machine‑Learning Fraud Detection

1,066 papers

17.8% of this theme group

Studies demonstrate promising results for AI techniques in identifying credit‑card fraud.

Credit card fraud (265) · Credit card (252) · Financial fraud (77) · Computer security (173)

Credit Card Fraud Detection using Machine Learning Algorithms

Analyzing Credit Card Fraud Detection based on Machine Learning Models

View research history
YearShare index
202247.3
202347.0
202447.7
202563.6
Fintech for Financial LiteracyOpportunities · 03

Fintech for Financial Literacy

778 papers

13.0% of this theme group

Works explore how technology can boost inclusion and improve consumer understanding of finance.

FinTech (338) · Financial services (366) · Financial inclusion (210) · Financial literacy (128)

ROLE OF FINTECH IN FINANCIAL INCLUSION

The Role of Financial Technology (FinTech) in Advancing Financial Inclusion and Equity.

View research history
YearShare index
2022535.2
2023588.5
2024650.5
20251023.2
Blockchain Payment SolutionsOpportunities · 04

Blockchain Payment Solutions

756 papers

12.6% of this theme group

Papers present secure, decentralized architectures for next‑generation digital payment systems.

Payment (623) · Payment system (247) · Database transaction (146) · Payment service provider (64)

Blockchain Based Architecture and Solution for Secure Digital Payment System

Measuring payment system development

View research history
YearShare index
2022733.2
2023686.3
2024781.6
2025930.9
Mobile Payment Value‑Added ServicesOpportunities · 05

Mobile Payment Value‑Added Services

723 papers

12.1% of this theme group

Research investigates additional features that increase consumer willingness to adopt mobile payments.

Mobile payment (555) · Payment (363) · Mobile banking (87) · Mobile device (52)

Value Added Services and Adoption of Mobile Payments

Exploring Transaction Security on Consumers’ Willingness to Use Mobile Payment by Using the Technology Acceptance Model

View research history
YearShare index
2022633.6
2023610.5
2024762.5
2025878.6
Algorithmic Trading ForecastingOpportunities · 06

Algorithmic Trading Forecasting

661 papers

11.0% of this theme group

Studies apply sophisticated AI methods to enhance trading strategy performance and market prediction.

Algorithmic trading (282) · Trading strategy (267) · High-frequency trading (109) · Pairs trade (68)

Algorithmic Trading and Financial Forecasting Using Advanced Artificial Intelligence Methodologies

Foreign exchange trading

View research history
YearShare index
202232.4
202331.8
202425.0
202538.8
Credit Scoring InnovationsOpportunities · 07

Credit Scoring Innovations

319 papers

5.3% of this theme group

Works develop machine‑learning models to better assess borrower risk and default probabilities.

Credit risk (96) · Loan (65) · Credit score (19) · Probability of default (13)

Application Analysis of Credit Scoring of Financial Institutions Based on Machine Learning Model

Development Of Credit Scoring Model For Borrowers Using Machine Learning Techniques

View research history
YearShare index
2022254.2
2023254.9
2024182.2
2025261.3

How this field compares with the research baseline

Orientation shares compared with 25,000 papers in the reference sample.

Research orientationThis fieldReference sample
Promising32.2%37.6%
Descriptive25.3%17.1%
Problem-identifying22.7%9.7%
Cautionary10.2%4.4%
Breakthrough5.5%26.4%
Comparative3.0%3.9%
Critical1.1%0.9%

Concerns receiving less research attention

Counts and shares refer to the stated research pool. A low count describes how much of that research is recorded here, not the absence of a real-world concern.

Concern / example paperPapersShareRaised as a problemWorldwide share
Privacy & surveillanceIncentives for Mobile Crowd Sensing: A Survey2,7174.6%857 (31.5%)4.6%
Concentration of compute powerRent Seeking by Low-Latency Traders: Evidence from Trading on Macroeconomic Announcements1020.17%50 (49.0%)0.17%
Bias & fairnessSocietal bias reinforcement through machine learning: a credit scoring perspective830.14%31 (37.3%)0.14%
Labour & data workMobile Money Taxation and Informal Workers: Evidence from Ghana’s E-Levy600.1%26 (43.3%)0.1%
Safety & misuseThe EU Response to Criminal Misuse of Cryptocurrencies: The Young, already Outdated 5th Anti-Money Laundering Directive500.08%21 (42.0%)0.08%
Energy & datacenter footprintAn integrated model of financial technology adoption and environmental performance: The role of green innovation290.05%5 (17.2%)0.05%
Hardware, e-waste & supply chainMobile Phone Repair as a Strategy for Reducing E-Waste, Enhancing Data Privacy, and Promoting Digital Sustainability in 30.01%0 (0.0%)0.01%
Carbon & emissions of computeRethinking portfolio design with sustainable AI and FinTech: dynamic spillovers in a quantile–frequency framework10.0%0 (0.0%)0.0%
Water use00.0%0 (%)0.0%

Institution and researcher rankings use citations to their covered work. Research scope: worldwide. This may be broader than the company geography.

GEOGRAPHIC FOOTPRINT

Where companies are based

Company counts, hiring and disclosed funding across the recorded hubs.

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8 cards

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UNDERSTAND THE LANDSCAPE

Fintech in Brazil: key questions

Clear definitions for making better comparisons.

What does this landscape measure?

It measures the tracked company ecosystem, recorded funding, hiring and other available evidence. It is not a market-size estimate.

Can segment counts be added together?

No. A company can belong to several segments, so segment counts and funding can overlap.

What does a missing figure mean?

A dash or unavailable panel means the current reviewed source snapshot does not support that figure.

Company ecosystem snapshot: 31 August 2026. Funding is recorded in USD; filed accounts retain their stated currency and reporting basis. Each section identifies its own coverage. The news and research behind these sections is explorable in Prism.

Canonical landscape ↗
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