The Brazilian Association of Fintechs (ABFintechs) is a non-profit organization founded in 2016 by four visionary entrepreneurs. Its primary mission is to ensure that Brazil’s fintech sector continues to thrive as a sustainable and globally recognized hub for financial innovation. Representing over 700 member companies across all financial verticals, ABFintechs serves as the definitive voice for the industry in discussions with government bodies, regulatory agencies, and the broader market.
One of the association’s core pillars is regulatory advocacy. ABFintechs maintains a close and proactive relationship with key institutions such as the Central Bank of Brazil (BCB), the Securities and Exchange Commission (CVM), and the Superintendency of Private Insurance (SUSEP). Through this collaboration, the association has played a pivotal role in shaping landmark developments in the Brazilian financial landscape, including the implementation of PIX (the instant payment system), the creation of Open Finance, and the establishment of the Regulatory Sandbox. These initiatives have significantly lowered entry barriers for startups and fostered a more competitive, inclusive environment.
Beyond its regulatory work, ABFintechs is dedicated to fostering business growth and networking. It provides a robust platform for members to connect, share knowledge, and explore new opportunities. By organizing major industry events like "Fintouch" and offering specialized workshops and educational materials, the association helps entrepreneurs scale their businesses and adopt disruptive technologies like AI and automation.
Ultimately, ABFintechs aims to position Brazil as a world-class exporter of financial technology. By defending the interests of its diverse members—ranging from early-stage startups to established "unicorns"—the association ensures that the "fintechization" of the Brazilian economy continues to drive efficiency, reduce costs for consumers, and promote financial democratisation across the nation.
