{"id":5546,"date":"2018-02-05T11:39:25","date_gmt":"2018-02-05T11:39:25","guid":{"rendered":"https:\/\/insights.invyo.io\/latam\/?p=5546"},"modified":"2018-02-05T11:39:25","modified_gmt":"2018-02-05T11:39:25","slug":"moeda-impact-investing-in-brazil-powered-by-the-blockchain","status":"publish","type":"post","link":"https:\/\/insights.invyo.io\/latam\/fintech-latam\/moeda-impact-investing-in-brazil-powered-by-the-blockchain\/","title":{"rendered":"Moeda, impact investing in Brazil powered by the blockchain"},"content":{"rendered":"

Many believe that blockchain and bitcoin represent a huge opportunity for financially excluded people around the world to access banking services. Here is an exemple with Moeda in Brazil.<\/strong><\/p>\n

About Moeda<\/h3>\n

Moeda<\/strong><\/a> is a\u00a0US-based Fintech that has launched a cooperative banking system<\/strong> powered by blockchain and a cryptocurrency<\/strong> called MDA.<\/p>\n

To date, the platform offers various financial services to underbanked entrepreneurs<\/strong> in Brazil, such as peer-to-peer payments<\/strong>, peer-to-peer remittance<\/strong>, micro business loans<\/strong> as well as crowdfunding<\/strong>.<\/p>\n

In a recent interview delivered to Forbes, CEO\u00a0Taynaah Reis said:<\/p>\n

“The cooperative structure is common in Brazil. For now, our focus is made to women-owned enterprises who can receive interest rates of 15% with Moeda, compared to the 120% or so they would usually get from other lenders.”<\/p><\/blockquote>\n

Using the blockchain<\/strong> can bring back the level of trust<\/strong> and transparency<\/strong> between rural entrepreneurs and investors to support social enterprises<\/strong> across the region. In addition to the technology,\u00a0Moeda also provides personalized assistance<\/strong> to help women entrepreneurs grow their business.<\/p>\n

Ambition matrix<\/h3>\n

The company already allocated $10 million in 18 projects<\/strong> among the $20 million<\/strong> raised last year. Interestingly, we also learn that the vast majority of the 841 investors<\/strong>\u00a0who have contributed on the platform are coming from China.<\/p>\n

Moeda’s ambition is to fully digitize the investment process<\/strong> so that individual and institutional investors can make direct investments of its cryptocurrency MDAs<\/strong> into social companies.<\/p>\n

Through a mobile app, investors will be able to invest by buying the MDA tokens. On the other side, entrepreneurs in underserved areas<\/strong> will receive the loan in MDA<\/strong> and exchange it with the local currency.<\/p>\n

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Many believe that blockchain and bitcoin represent a huge opportunity for financially excluded people around the world to access banking services. Here is an exemple with Moeda in Brazil. About Moeda Moeda is a\u00a0US-based Fintech that has launched a cooperative banking system powered by blockchain and a cryptocurrency called MDA. To date, the platform offers […]<\/p>\n","protected":false},"author":2,"featured_media":5547,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[17,6],"tags":[205,214,233,1790,376,383,540,1792,743,807,1785,1796,903,1786,1094,1793,1794,1795,1787,1789,1788,1399,1762,1407,1791],"yoast_head":"\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\n\n\t\n\t\n\t\n