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RIO DE JANEIRO, BRAZIL - It was still 2020, early December, when a group of 40 investors, led by Credit Suisse, invested R$1.3 billion (US$240 million) in C6 Bank.

Another Brazilian unicorn was born. A Unicorn is a company in the startups world that is worth more than US$1 billion. There is a reason for its quick success. With only two years of existence, the bank already serves over four million clients.

It is innovative. It adopts the zero tariff model. It has a partnership with TIM, one of the largest telecommunications operators in the country. It . . .

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