Brazil registers 67 million digital account openings in 2020

Projections from Idwall’s market intelligence team, indicate that around 67 million 100% digital accounts were opened in the country in 2020 alone, exceeding all expectations. In 2019, the team projected that 45 million digital accounts would be opened from the beginning of last year to December 2021, bringing the total to 73 million since mid-2016, but Pandemic has expedited that.

Source: Valor Investe