UK fintech Revolut named former minister Paulo Guedes to a new Brazil advisory board as it chases a full banking licence in the region biggest market.
Brazil · Business
Key Facts
—The hire. British fintech Revolut named Paulo Guedes, a former Brazilian economy minister, to a new independent advisory board for its Brazil arm.
—The goal. The company is preparing to seek a full banking licence in Brazil, a step up from its current narrower permit.
—Who he is. Guedes ran the economy ministry under President Jair Bolsonaro from 2019 to 2022 and holds a doctorate from the University of Chicago.
Ex-ministro Paulo Guedes fará parte do conselho consultivo da fintech Revolut
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