Bradesco Hunts for More US Fintech Partners to Speed Expansion

Banco Bradesco SA, Brazil’s second-biggest bank by market value, plans to buy more minority stakes in tech companies to speed up its expansion in the US.

“We are going to be investing in digital firms that can help us foster our growth in every single area that we participate, such as investments, financing, credit cards, payments, cyber security,” Leandro Miranda, Bradesco’s head of private equity and venture capital, said in an interview.

Leandro Miranda

Photographer: Victor Moriyama/Bloomberg

The lender has already invested $700 million in minority stakes in tech firms in Brazil and the US, and is seeking more partners in ...