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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 SÃO PAULO EDITION 2026

São Paulo’s
fintech industry,
in focus.

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

Explore in Radar Read the key signals
Snapshot: Funding in USD
Illustrated cover for Fintech Industry Landscape of São Paulo
BR
COMPANIES · CAPITAL · TALENT

An industry ecosystem,
measured in context.

Fintech illustration
Companies tracked 598Fintech ecosystem in São Paulo Disclosed funding $7.88B139 companies · all recorded rounds Companies hiring 47With open roles at the snapshot Tracked open roles 680 employers posted in the preceding 30 days
MEET THE COMPANIES

Explore São Paulo’s fintech leaders

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

Expand panel +
Explore the full landscape
Fintech company highlights in São Paulo, snapshot 1 September 2026
Company
Nubanknubank.com.br$2.33B—8,049Financial figure available in RadarView in Radar
Neonneon.com.br$924.29M—2,320—
Open Coopen-co.com$387.64M—244—
QI Techqitech.com.br$374.33M—122—
Solfácilsolfacil.com.br$346.32M———
Unicounico.io$341.34M—1,034—
Dockdock.tech$280M—1,400—
Mercado Bitcoinmercadobitcoin.com.br$237.6M—615—
5PI5pi.com.br—4 roles——
CICLICciclic.com.br—4 roles64—
Oxpayoxpay.com.br—3 roles——
PRAVALERpravaler.com.br—3 roles462—
QueroQuitarqueroquitar.com.br—3 roles64—
Zigzig.fun—3 roles200—
Avraavra.com.br—2 roles——
Supersimsupersim.com.br—2 roles196—
Agrolendagrolend.agr.br——43—
Azosazos.com.br——123—
Belvobelvo.com——4—
C6bankc6bank.com.br——3,989—
FinanZerofinanzero.com.br——70—
Flash Benefitsflashapp.com.br——762—
I4PROi4pro.com.br——262—
Monkey Exchangemonkey.exchange——347—
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 São Paulo

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

1 September 2026
Hiring participation7.9%

47 of 598 tracked companies have open roles.

Funding participation26.9%

161 of 598 tracked companies have a recorded round.

Top 3 funding share46.2%

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

Median disclosed round$6.12M

Midpoint of 274 rounds with a disclosed amount.

Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 46.2% of disclosed capital, while 73.1% of tracked companies have no recorded funding round.

Explore the segments →
CAPITAL & COMPANY FORMATION

How São Paulo 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

São Paulo fintech
$0$795.42M$1.59B$2.39B$3.18B2016: $193.52M20162017: $33.18M20172018: $317.19M20182019: $671.27M20192020: $1.15B20202021: $2.79B20212022: $1.17B20222023: $405.23M20232024: $493.56M20242025: $428.16M2025
View the numbers
Annual fintech funding and company formation in São Paulo
YearFunding (USD)FoundedRaising
2016$193.52M388
2017$33.18M417
2018$317.19M6614
2019$671.27M5316
2020$1.15B6723
2021$2.79B4342
2022$1.17B3439
2023$405.23M3026
2024$493.56M1241
2025$428.16M317
WHERE CAPITAL SITS

Funding concentration

Share of all disclosed company funding.

  • Nubank29.5%
  • Neon11.7%
  • Open Co4.9%
  • Other companies53.8%

Funding by stage

317 recorded rounds since 2016

NUMBER OF ROUNDS
Seed & Angel132 41.6%
Series A–B120 37.9%
Series C+ / PE35 11.0%
Grants, debt & other30 9.5%

Recent recorded rounds

Latest recorded rounds · USD
7 rounds

Swipe or scroll horizontally to browse.

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.

Series B03/2026
A55 —

Backed by Pagsmile.

Largest and notable recorded rounds

Each card is one recorded round
10 cards

Swipe or scroll horizontally to browse.

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

Backed by General Atlantic and Vulcan Capital and others.

Series D10/2020
Dockdock.tech$150M

Backed by Viking Global Investors and Visa 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 São Paulo companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.

Busiest websites

24 of the 598 companies on this page carry a measured traffic record (4%); these are the largest of those, by monthly visits. The median among them is 459,645 visits.

CompanyMonthly visitsAuthorityMobile
Nubanknubank.com.br11,451,0926682.3%
InfintePayinfinitepay.io9,528,6084789.4%
Supersimsupersim.com.br2,740,7325192.5%
Banco BVbv.com.br2,305,9105461.7%
C6bankc6bank.com.br1,932,8895782%
Tonton.com.br1,443,0734391.2%
Ricorico.com.vc664,8744534%
Clearclear.com.br597,3994312.4%
Neonneon.com.br528,1335081.7%
Juvo Creditojuvocredito.com.br524,7653693.9%

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

Most-installed apps

139 of these companies (23.2%) publish at least one Android app — 219 apps in all, carrying 819.8M installs between them.

AppInstallsRatingStore category
NuNubank258.8M4.7Finance
Banco PagBank: Conta gratuitaPagBank90.5M4.8Finance
C6 Bank: Cartão, Conta e Mais!C6bank68.6M4.8Finance
Neon cartão de crédito e contaNeon56.4M4.6Finance
Banco will: Cartão de créditowill bank55.7M3.9Finance
RecargaPay: Pix Cartão e ContaRecargaPay46.2M4.8Finance
InfinitePay Tap, Conta, CartãoInfintePay27.8M4.9Finance
Digio: Cartão de créditoDigio23.6M3.9Finance
Gringo: Licenciamento, IPVA +Gringo22.8M4.9Auto & Vehicles
TicketTicket21.8M4.7Finance

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 Tech73466.5MNu 258.8M
Payments74279.4MBanco PagBank: Conta gratuita 90.5M
Finance & Accounting Tech2164MDigio: Cartão de crédito 23.6M
Alternative Lending2960.2MGringo: Licenciamento, IPVA + 22.8M
Hrtech1626.6MTicket 21.8M
Online Travel726.4MFlash | Benefícios e Despesas 4.6M
E-Commerce Enablers224.3MTon: maquininha, tap e conta 18.8M
Investment Tech2720.6MRico: só vantagem pra investir 11.5M

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: 42023Q2: 22023Q22023Q3: 32023Q3: 02023Q32023Q4: 42023Q4: 42023Q42024Q1: 32024Q1: 12024Q12024Q2: 52024Q2: 42024Q22024Q3: 32024Q3: 32024Q32024Q4: 12024Q4: 62024Q42025Q1: 42025Q1: 12025Q12025Q2: 42025Q2: 122025Q22025Q3: 32025Q3: 192025Q32025Q4: 12025Q4: 322025Q42026Q1: 32026Q1: 282026Q1

Darker bars are new releases, lighter bars apps updated. 100 of 219 apps carry a release date. The series ends at 2026Q1, the last quarter that closed before the June 2026 reading.

INSIDE THE INDUSTRY

The São Paulo 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 tech368
Consumer digital275
Enterprise software160
Nbfc lenders106
Business payments solutions92
Commerce enablers71
Saas70
Marketplaces55
Cfo stack34
Fintech saas31
Blockchain in financial services28
Online business payments25

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

SEGMENT TO EXPLORE

Enterprise tech

The largest measured segment in this report snapshot.

368companies
7.3%have hiring activity

27 companies hiring · $3.36B disclosed funding

Explore in Radar

How companies make money

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

Commission on transaction429
Subscription368
Fee-for-service134
E-commerce - service123
Lending83
Advertising22
E-commerce - product21
Physical commerce6
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.

Funding roundsmagie.com.br ↗

Rounding out the week, Brazilian fintech Magie raised $5 million in a round led by Lux Capital, following its seed round in 2024.

Funding roundsume.com.br ↗

The funding, which saw participation from existing investors such as PayPal Ventures, NFX, Globo Ventures, Canary and Big Bets, will allow Ume to strengthen its technology, AI infrastructure, and commercial capabilities across Brazil.

Funding roundsgenialinvestimentos.com.br ↗

and Genial in France, which attracted €1.8 million for AI agents handling sales and customer-relations.

Mergers & acquisitionszig.fun ↗

SEGG Media announced its intention to buy ZIG as part of a $300 million cash flow strategy.

Full recorded event mix

Top 10 categories among 224 recorded events in the 24-month window.

Leadership moves
60
Funding rounds
55
Mergers & acquisitions
28
Earnings
21
Company announcements
18
Regulatory
12
Capital infusions
9
Contracts
7
Lawsuit
3
Fundraising
3
6 activity cards

Swipe or scroll horizontally to browse.

IPO pipeline

2 companies with recorded IPO activity

Jeitto ↗

IPO1 reports

Nubank ↗

IPO · NYSE, B35 reports

Leadership moves

22 tracked people moves

Dock ↗
Fabio Herszkowicz

Appointment Chief Executive Officer

Dock ↗
Antonio Soares

Appointment Chief Executive Officer

Jeitto ↗
Fabiano Camperlingo

Appointment Business VP

Jeitto ↗
Guilhermo Mathias

Appointment Director

Divibank ↗
Mariana Vicente Barbieri

Appointment Head of Partnerships

João Duarte

Appointment

Samantha Sampaio

Appointment

Edson Toguchi

Appointment Chief Executive Officer

Contract wins

6 recorded customer wins

will bank ↗

Customer: Master Bank

Pismo ↗

Customer: vivi moneyFinancial Services

Nubank ↗

Customer: Inter Miami

C6bank ↗

Customer: timFinancial services

Jazz ↗

Customer: sabre corporationTravel Technology

Jazz ↗

Customer: Sabre Direct PayTravel Technology

Workforce actions

2 companies with reported reductions

Pismo ↗

Scale not stated rolescorporate restructuring

Nubank ↗

14 rolesjust cause

Regulatory events

14 recorded events

will bank ↗

bank liquidatedCentral Bank of Brazil

Nubank ↗

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

Nubank ↗

banking license approvalCNBV

Nubank ↗

approved for license

Litigation

2 tracked suits

Company
creditcorp v sunat

changes in the rules of the gameRegulatory ·

Company
tim v c6 bank

Arbitration of financial services partnership dispute ·

Earnings pulse

Reported company results in the recorded window.

5companies
22period observations
40.0%median reported growth

Median across 18 reported growth observations; companies may contribute multiple periods.

Mergers and acquisitions

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

Acquirer → targetStatusDateValue / context
evertec→Sinqia ↗Completed2026-02-02Not stated in snapshot
SEGG Media→Zig ↗Announced2025-10-31$300.0M
Na→will bank ↗Terminated2025-10-17Not stated in snapshot
Unico→ownidAnnounced2025-09-25Not stated in snapshot
aikido security→TRAG ↗Announced2025-09-08Not stated in snapshot
Nubank→brubankRumored2025-08-28Not stated in snapshot

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

PEOPLE & OPPORTUNITY

The talent market

0 postings in the preceding 12 months. The full 1-posting snapshot covers 1 employers.

Expand panel +

Most advertised job titles

No repeated job title is supported by this snapshot.

0 internship postings

0 tracked postings mention remote work.

Skills employers mention

Top skills across 1 tracked postings in the available jobs snapshot.

Insurance
1
Reinsurance
1
Life Insurance
1
Non Life Insurance
1
THE PEOPLE BUILDING THE FIELD

Founders and leaders

427 founders and chief executives across 297 companies.

Expand panel +
12 profiles

Swipe or scroll horizontally to browse.

Education networks

51 profiles with education records.

Stanford University
8
Harvard Business School
7
Columbia Business School
6
University of Chicago
5
INSEAD
4
Stanford Business School
4
Columbia University
3
Pontifical Catholic University of Rio de Janeiro
3

Prior employers

12 profiles with prior-work records.

McKinsey
6
Morgan Stanley
2
Boston Consulting Group
2
Goldman Sachs
1
Bain
1
Uber
1
Paypal
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
66,119 positive · 33,944 neutral · 46,741 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

Company share of voice

322 recorded company events across 53 companies; percentages use that event total.

Nubank ↗nubank.com.br
36.0% 116 events
Pismo ↗pismo.io
12.7% 41 events
Agrolend ↗agrolend.agr.br
4.7% 15 events
Pagseguro ↗pagseguro.uol.com.br
4.7% 15 events
I4PRO ↗i4pro.com.br
2.8% 9 events
Azos ↗azos.com.br
2.5% 8 events
Belvo ↗belvo.com
2.5% 8 events
WEEL ↗weel.com.br
2.5% 8 events

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

Brazil comparison coverage

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

Brazil comparison coverage

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 how fintech impacts access to services and the hurdles of integrating new technologies with traditional banking.

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 examine cost, reliability, and regulatory obstacles that hinder electronic payment adoption, especially in developing regions.

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 IssuesCommon problems researchers identify · 03

Mobile Payment Adoption Issues

1,149 papers

19.1% of this theme group

Studies focus on user acceptance, security concerns, and contextual factors influencing mobile banking uptake.

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 RisksCommon problems researchers identify · 04

Credit Card Fraud Risks

692 papers

11.5% of this theme group

Research highlights detection difficulties, evolving fraud tactics, and the need for robust security measures.

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 ConcernsCommon problems researchers identify · 05

Algorithmic Trading Concerns

585 papers

9.8% of this theme group

Works address market impact, regulatory gaps, and potential for insider exploitation 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 BarriersCommon problems researchers identify · 06

Portfolio Optimization Barriers

404 papers

6.7% of this theme group

Authors discuss model complexity, data quality, and the limits of traditional optimization frameworks.

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 Compliance IssuesCommon problems researchers identify · 07

Money‑Laundering Compliance Issues

359 papers

6.0% of this theme group

Papers explore regulatory enforcement, data sharing, and the tension between anti‑money‑laundering efforts and inclusion.

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 introduce stability risks and require careful regulatory oversight.

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 RisksCautions · 02

High‑Frequency Trading Risks

579 papers

15.5% of this theme group

Analyses warn about market quality degradation and the need for stronger oversight of rapid trading strategies.

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 Transition RisksCautions · 03

Payment System Transition Risks

565 papers

15.1% of this theme group

Research highlights policy shifts, consumer preferences, and unintended consequences of new reimbursement models.

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 UncertaintyCautions · 04

Portfolio Model Uncertainty

522 papers

13.9% of this theme group

Studies point to model risk, over‑fitting, and volatility estimation challenges in portfolio design.

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 usability, trust, and contextual barriers that affect mobile money adoption in emerging markets.

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

Authors discuss the difficulty of generalizing machine‑learning solutions across diverse fraud types.

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 Security ConcernsCautions · 07

Digital Currency Security Concerns

329 papers

8.8% of this theme group

Papers examine cybersecurity, regulatory, and stability issues surrounding blockchain‑based payment systems.

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

Swipe or scroll horizontally to browse.

Advanced Portfolio OptimizationOpportunities · 01

Advanced Portfolio Optimization

1,697 papers

28.3% of this theme group

Research proposes new mathematical models and multi‑objective strategies to improve asset allocation.

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 showcase algorithms that enhance identification of credit‑card fraud and reduce false positives.

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 empower underserved populations through education and inclusive services.

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‑Enabled PaymentsOpportunities · 04

Blockchain‑Enabled Payments

756 papers

12.6% of this theme group

Papers highlight secure, transparent architectures that can modernize digital payment infrastructures.

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 and security designs that boost 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 InnovationOpportunities · 06

Algorithmic Trading Innovation

661 papers

11.0% of this theme group

Studies present AI‑driven forecasting and novel trading strategies that aim to improve market efficiency.

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 EnhancementsOpportunities · 07

Credit Scoring Enhancements

319 papers

5.3% of this theme group

Works develop machine‑learning models to better predict default risk and support lending decisions.

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%37.2%
Descriptive25.3%17.5%
Problem-identifying22.7%9.8%
Cautionary10.2%4.6%
Breakthrough5.5%26.0%
Comparative3.0%3.9%
Critical1.1%1.0%

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.

UNDERSTAND THE LANDSCAPE

Fintech in São Paulo: 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.

KEEP EXPLORING

Put São Paulo in context

All landscapes ↗

Company ecosystem snapshot: 1 September 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 ↗
Coming soon