
Brazil readies state-backed digital bank for IPO
Brazil’s federal government is reportedly in advanced stages of planning the initial offering of shares in the freshly created Caixa Econômica Federal.
Brazil’s federal government is reportedly in advanced stages of planning the initial offering of shares in the freshly created Caixa Econômica Federal.
The digital bank is already making in-roads domestically, with plans for expansion into Japan and the United States, pending completion of an upcoming funding round.