{"id":400545,"date":"2025-12-09T17:01:49","date_gmt":"2025-12-09T20:01:49","guid":{"rendered":"https:\/\/anba.com.br\/?p=400545"},"modified":"2025-12-10T09:23:12","modified_gmt":"2025-12-10T12:23:12","slug":"brazils-dux-reaches-fintech-world-cup-final","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/brazils-dux-reaches-fintech-world-cup-final\/","title":{"rendered":"Brazil\u2019s DUX reaches FinTech World Cup final"},"content":{"rendered":"\n

S\u00e3o Paulo \u2013 Brazilian fintech DUX secured a spot in the FinTech World Cup final, to be held in May 2026 at the Dubai FinTech Summit. Focused on the creative economy, the company won the Brazilian qualifier held at the Arab-Brazilian Chamber of Commerce<\/strong> (ABCC<\/a>) in S\u00e3o Paulo. The FinTech World Cup is organized by the United Arab Emirates\u2019 Dubai International Financial Centre (DIFC).<\/p>\n\n\n\n

\u201cOur mission at DUX is to be a bank for the creative economy, and to become the largest creative-economy bank for the Global South. So, going to Dubai is a big step forward,\u201d DUX CMO Jo\u00e3o Pedro Novochadlo told ANBA after learning the result. He represented the company at the national qualifier pitch. The competition will be the fintech\u2019s first international event. \u201cIt\u2019s the first country we\u2019ll visit to try to expand our business,\u201d said Novochadlo, who was born in the city of Curitiba.<\/p>\n\n\n

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\"Representative
Representative of Parabank (degree holder), the runner-up, with judges and event organizers<\/figcaption><\/figure>\n<\/div>\n\n\n

Aware that adaptations may be needed to expand into the Arab world due to Islamic finance practices in the region, Novochadlo expressed satisfaction at the opportunity to connect with a different environment. He said DUX will look for opportunities in the UAE and sees the Dubai trip as an exchange: learning what can be applied in Brazil while sharing Brazilian practices with people there.<\/p>\n\n\n\n

DUX advances payments for creative economy professionals. \u201cA major challenge today is cash flow. When an artist, content creator, agency, or producer completes a service or campaign, they often wait 60 to 120 days to get paid. What we do is step in and advance that money,\u201d Jo\u00e3o Pedro Novochadlo explains. Fees vary based on factors like the payer, the creative professional, and the contract.<\/p>\n\n\n

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\"Competition
Competition participants with organizers and judges<\/figcaption><\/figure>\n<\/div>\n\n\n

DUX was founded by Novochadlo, an advertising graduate with a postgraduate degree in social technology and a master\u2019s in social entrepreneurship, along with three other founders with backgrounds in law, business engineering, and administration. \u201cAbout two or three years ago, we got together, and in the past year, we decided to tackle this problem,\u201d he said, referring to the fintech\u2019s solution to address the gap in creative economy finance.<\/p>\n\n\n\n

The national qualifier selected only one fintech, DUX, to compete in the Dubai final, but the second- and third-place finishers were also highlighted, and all were invited to attend the Dubai FinTech Summit 2026. Parabank, a digital bank for people with disabilities, took second place, and Smart Rent, a payroll-based rental platform, placed third. Other participants included Atho Capital, Credito Open, Ella Bank, Gooroo Cr\u00e9dito, Green Balance, InvestPlay, and Loor.<\/p>\n\n\n\n

The competition\u2019s judges were Diego Perez, president of the Brazilian Fintech Association (ABFintechs); Hassan Ghandour, CEO of Equitas; and Rafael Solimeo, Head of the ABCC\u2019s International Office in Dubai. The event at the ABCC was opened by Silvia Antibas, its Vice President of Marketing, who highlighted DIFC\u2019s role in the financial innovation ecosystem, presented the ABCC\u2019s work, and its initiatives in international business digitalization, social projects, and culture. \u201cThe better we know each other, the easier it will be to do business,\u201d she said.<\/p>\n\n\n\n

The Head of Business at the DIFC Innovation Hub, Steve Gotz, addressed participants at the competition\u2019s opening via video. \u201cOne of the reasons DIFC partners in this journey is that we believe entrepreneurship should not be limited by borders, passports, or time zones. Some of you are creating solutions for people without access to banking or with limited access. Some of you are working with international payments, SME financing, green finance, regtech, or digital assets,\u201d he said.<\/p>\n\n\n\n

The Head of Expansion for the FinTech World Cup in Latin America, Melisa Urtuzuastegui, from Branding Matters, spoke to attendees about the Mexico edition held in April. \u201cIn Mexico, people would say, \u2018We\u2019re so focused on the U.S. and Canada, and you\u2019re showing us a different world. There are many opportunities in the Middle East,\u2019\u201d she said. She urged Brazilian fintechs to pay attention to the region. \u201cShare with your colleagues the importance of this market and the work the Chamber is doing to build these bridges,\u201d Urtuzuastegui added.<\/p>\n\n\n\n

In addition to the competition, the S\u00e3o Paulo event included presentations by the ABCC Chamber about its services and digital platform. International Business Analyst Gustavo Fasanaro spoke about the Chamber and its various areas of operation, including CCAB Lab, the institution\u2019s innovation hub. Helena Fernandes, Product Owner of the ABCC\u2019s Technology and Innovation Department, presented the Ellos Platform, a system that centralizes Brazil\u2019s export process to Arab countries, shortening timelines, reducing costs, and simplifying operations.<\/p>\n\n\n\n

The event\u2019s partners and sponsors included trescon, Dubai FinTech Summit, ignyte, Matters Group, ABCC, Branding Matters, Equitas, CCAB LAB, Sebrae Startups, and Vtex. The S\u00e3o Paulo competition was organized by CCAB Lab, with Am\u00e9rico Fazio serving as master of ceremonies.<\/p>\n\n\n\n

Read more<\/em>:
Kinebot brings Brazilian technology to Arab world<\/a><\/p>\n\n\n\n

Translated by Guilherme Miranda<\/strong>
<\/a><\/p>\n

Marcelo Brammer\/Arab-Brazilian Chamber<\/div>
Marcelo Brammer\/Arab-Brazilian Chamber<\/div>
Marcelo Brammer\/Arab-Brazilian Chamber<\/div>","protected":false},"excerpt":{"rendered":"

In a national qualifier held at the Arab-Brazilian Chamber, the payment-advance company for creative economy professionals secured a spot in the competition\u2019s final, to be held in the UAE in 2026 during the Dubai FinTech Summit.<\/p>\n","protected":false},"author":1455,"featured_media":400529,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[46537],"tags":[48478,9534,26555,9888,15154,55077],"class_list":{"0":"post-400545","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-arab-brazilian-chamber","8":"tag-arab-brazilian-chamber-of-commerce-2","9":"tag-brazil-en","10":"tag-dubai-en-2","11":"tag-finance-en","12":"tag-fintech","13":"tag-fintech-world-cup"},"wps_subtitle":"In a national qualifier held at the Arab-Brazilian Chamber, the payment-advance company for creative economy professionals secured a spot in the competition\u2019s final, to be held in the UAE in 2026 during the Dubai FinTech Summit.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/400545","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/1455"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=400545"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/400545\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/400529"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=400545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=400545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=400545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}