Brubank is an Argentine digital bank. Headquartered in Buenos Aires, [1] Brubank is a financial technology company offering mobile banking, as well as other financial services. [2] [3] [4] It is recognized as the first entirely digital bank in Argentina. [5]
Brubank associates all its users accounts to a Visa debit card. It also offers exchange service between United States dollars and Argentine pesos and time deposits in those currencies. [5]
Brubank was founded in 2017. Juan Bruchou, CEO of Citibank Argentina, had proposed an entirely digital bank, without branch offices. Brubank obtained license by the Central Bank of Argentina to operate in September 2018. After a first "friends and family" trial, Brubank launched its app on Apple and Android stores. [5] In August 2019, Canadian billionaire David Thomson bought a 15 percent stake in Brubank. [6] [7] [8]
The peso is the currency of Argentina since 1992, identified within Argentina by the symbol $ preceding the amount in the same way as many countries using peso or dollar currencies. It is subdivided into 100 centavos, but due to rapid inflation, coins and notes with a value lower than 500 pesos are now rarely used. Its ISO 4217 code is ARS. It replaced the austral at a rate of 10,000 australes to one peso.
Banco Bradesco S.A. is a Brazilian financial services company headquartered in Osasco, in the state of São Paulo, Brazil. It is the third largest banking institution by assets in Brazil and Latin America. It is also one of fifty most valuable banks in the world. The bank is listed at the B3 in São Paulo, where it is part of the Índice Bovespa, in the New York Stock Exchange and in the Madrid Stock Exchange.
MercadoLibre, Inc. is an Argentine company headquartered in Montevideo, Uruguay and incorporated in Delaware in the United States that operates online marketplaces dedicated to e-commerce and online auctions. As of 2016, Mercado Libre had 174.2 million users in Latin America, making it the region's most popular e-commerce site by number of visitors.
Banco Santander S.A. trading as Santander Group, is a Spanish multinational financial services company based in Madrid and Santander in Spain. Additionally, Santander maintains a presence in most global financial centres as the 19th-largest banking institution in the world. Although known for its European banking operations, it has extended operations across North and South America, and more recently in continental Asia. It is considered a systemically important bank by the Financial Stability Board.
Banco Azteca is a financial institution headquartered in Mexico and is part of Grupo Elektra, which is part of Grupo Salinas, a Mexican conglomerate with interests in banking, media, retail and telecommunications. Founded in October 2002 by businessman Ricardo Salinas Pliego, Banco Azteca's focus has been to promote financial inclusion by serving the segments of the population most neglected by traditional banking, providing financial services to middle and lower income groups.
BBVA Argentina, formerly BBVA Banco Francés, is a financial institution in Argentina.
Alberto Cortina de Alcocer is a Spanish billionaire businessman. Through his holding Percacer, he is co-owner, with his cousin Alberto Alcocer, of Alcor Holding, the owner of 12.5% of Grupo ACS, the biggest construction company in the world by sales with 2014 revenues of US$50b, and of 21% of Ence, the largest paper pulp and biomass energy company in Europe. He has appeared several years in Forbes List of Billionaires with US$1.4 billion.
Grupo Werthein is an holding company founded in 1928 and based in Argentina, led by members of the Werthein family since its origins.
Jorge Horacio Brito was an Argentine banker and businessman. He was the CEO of Argentina's largest bank, Banco Macro. He was also the president and chairman of the Argentine Banking Association (ADEBA) from 2003 to 2016.
BTG Pactual is a Brazilian financial company that operates in the markets of investment banking, wealth management, asset management, corporate lending and sales and trading. It offers advisory services in mergers and acquisitions, wealth planning, loans and financings, as well as investment solutions and market analyses. It is the sixth largest banking institution in Brazil, the eleventh largest in Latin America, and the largest investment bank in Latin America and the Caribbean.
Edenor is a public Argentine electricity distribution company founded in 1992 and headquartered in Buenos Aires. The company has an exclusive concession to distribute electricity in the northwestern section of Greater Buenos Aires, and in the north of Buenos Aires proper, selling electric power to residential, commercial, industrial, and government customers.
Banco Santander Argentina is a commercial bank and financial services company and affiliate of the Santander, Cantabria (Spain) based Santander Group. Based in Buenos Aires, its banking operations are the third largest in Argentina, as well as the largest among all privately owned banks in the country.
Mirgor is an Argentinean company that produces electronics, mobile and automotive components, and exports, distributes and commercializes agricultural products. It has its administrative headquarters in the city of Buenos Aires, and industrial sites in Río Grande, Garín and Baradero, as well as its own agricultural-livestock exploitation field in Bolívar.
ABANCA Corporación Bancaria, S.A. is a Spanish bank based in Galicia. It was created in September in 2011 following the "bankisation" of Novacaixagalicia savings bank. It operates in the autonomous communities of Galicia, Asturias and the province of León, in other parts of Spain and in Portugal, as well as offices in the UK, Germany, France, Switzerland, Brazil, Venezuela, Panama, Mexico and the USA.
Banco Bilbao Vizcaya Argentaria, S.A., better known by its initialism BBVA, is a Spanish multinational financial services company based in Madrid and Bilbao, Spain. It is one of the largest financial institutions in the world, and is present mainly in Spain, Portugal, Mexico, South America, Turkey, Italy and Romania.
Nemea Bank was a pan-European direct bank incorporated in Malta, providing banking and investment services to individuals, businesses, institutions and high net worth individuals based in the 31 countries of the European Economic Area (EEA). The bank is currently under administration and its license was withdrawn by the ECB on the 23rd March 2017.
Ualá is an Argentine fintech company that provides a mobile application for managing a Mastercard prepaid debit card and other financial services. The company was founded by Pierpaolo Barbieri and investors include Point72 Ventures. Competitors include Argentine digital bank Brubank, which provides transaction account services through their app.
Nubank is a Brazilian neobank headquartered in São Paulo, Brazil. It is the largest fintech bank in Latin America, with around 93 million customers in Brazil and 8 million between Mexico and Colombia and a revenue of $1.69B. At its IPO in December 2021, Nubank was valued at $45 billion.
Daniel Fernando Arroyo is an Argentine political scientist, professor and politician. He was the country's Minister of Social Development, in the cabinet of President Alberto Fernández, from 2019 to 2021. Since 2021, he has been a National Deputy elected in Buenos Aires Province, a position he previously held from 2017 to 2019.