Nubank and Mastercard Exclusive Study Reveals Path to Advancing Beyond Access Toward Financial Health - Seite 2

While barriers to access remain, it is essential that those who do have access are reaping the full benefits from their financial accounts. In Brazil, 84% of adults have access to financial accounts, but they may lack financial education to progress along the inclusion journey. Active financial product usage may also increase familiarity and trust, leading to accelerated financial inclusion.

"Since Nubank was founded, financial education has always been one of our pillars and it is also present in the design of our products and services in order to empower consumers to make the best decisions for their lives and have control over their money," says Cristina Junqueira, co-founder and Chief Growth Officer from Nubank. "Although access to financial services in and of itself has had a major impact, advancing the literacy journey on these topics brings greater and more sustainable benefits not only to individuals, but to the community as a whole."

Providing digital payment tools accompanied by financial education (e.g., according to Nubank, its "Money Boxes" are designed to offer financial planning in combination with interest-bearing savings accounts), encouraging responsible use of credit, and investing in micro, small and medium enterprises can be key ways to bring more people into the digital economy and help accelerate their journey to long-term, sustainable financial health. By applying the findings from this study, innovative solutions can be designed and deployed with the potential to empower people and power economies in Brazil and beyond.

"The journey to financial security and health is non-linear and full of obstacles - the only way to accelerate this journey is by understanding the barriers and then building and deploying inclusive digital solutions," said Mastercard's Marcelo Tangioni, division president, Brazil. "Through this study, we have clear evidence that frequent, consistent and responsible use of digital payment tools is critical to building trust and putting people on a path towards a more sustainable financial health."

For additional information, read the full report here.

Information about Nubank and its product and service offerings has been provided by Nubank. For more information including terms and conditions related to such products and services, as well as their privacy and data protection policies, please visit Nubank's website.

Notes to Editors:

Survey Methodology

• Survey: Boston Consulting Group (BCG) surveyed ~2,000 consumers across the Brazilian market
• Interviews: Consumer interviews and focus groups, global expert interviews
• Customer Data Analysis: 3 years of aggregated and pseudonymized transaction-level data for 3.6 million anonymized customers

Media Contacts

So handeln Sie das Kursziel

Der Analyst erwartet ein Kursziel von 446,20$, was einem Rückgang von -3,42% zum aktuellen Kurs entspricht. Mit diesen Produkten können Sie die Kurserwartungen des Analysten übertreffen.

 

Morgan Stanley

 

Alle Partner

Übernehmen

Für Ihre Einstellungen haben wir keine weiteren passenden Produkte gefunden.
Bitte verändern Sie Kursziel, Zeitraum oder Emittent.Alternativ können Sie auch unsere Derivate-Suchen verwenden
Knock-Out-Suche | Optionsschein-Suche | Zertifikate-Suche

WerbungDisclaimer