- Broad allows Brazilians to manage multiple currencies effortlessly, with instant exchanges and no hidden fees.
- Founded in 2019, Broad simplifies international finances, making cross-border transactions straightforward and transparent.
- Broad's success was amplified by its inclusion in Y Combinator’s Winter 2021 batch, fueling its growth in the fintech space
The financial landscape is like a jungle, with currency exchanges, hidden fees, and complex banking processes. It isn't easy to navigate through this jungle of the money market.
Managing finances across borders often feels like a struggle. It is almost like assembling a flatpack with no instructions—complicated, confusing, and time-consuming.
This is where Broad, the Swiss Army knife of global finances for Brazilians, comes into the picture. It was founded in 2019 by Marcos Pileggi Filho and Juliano Alves.
It is designed to simplify the financial experience for Brazilians living or spending abroad.
The idea is simple yet revolutionary: create an all-in-one solution that makes managing multiple currencies as easy as flipping open a Swiss Army knife.
A Compact Solution for Global Financial Challenges
- Multicurrency Account: Broad’s account lets users hold Pounds, Euros, and Dollars in one place, without paperwork or hassle.
- Instant Currency Exchange: Need to switch between currencies? Broad’s app allows real-time exchanges, ensuring readiness for whatever financial situation comes your way.
- Global Spending: With Broad’s range of cards—Virtual, Digital (coming soon), and Plastic—one can shop smartly in local currencies, avoiding those pesky hidden fees.
Building a Global Life Without Borders
The "why" behind Broad is as sharp as its features. The founders wanted to empower Brazilians to live and spend without the usual financial headaches that come with international transactions.
With Broad, it’s about giving users control, transparency, and convenience—just like the reliable tools in a Swiss Army knife.
Broad has also gained attention in the fintech community, securing a spot in Y Combinator’s Winter 2021 batch. This has given the startup the resources and support to refine its offering and expand its reach.
Why Broad Matters
Broad being a fintech startup is an essential toolkit for a global lifestyle. By focusing on what matters, Broad is making it easier for Brazilians to navigate the complexities of the global money market.
With innovative products and a clear mission, Broad is cutting through the barriers of the money market industry, one currency at a time.
Edited By Annette George