In the rapidly evolving landscape of financial technology, Brazilian fintech company Juca has made significant strides since its inception in 2023. Specializing in providing advance access to the Fundo de Garantia do Tempo de Serviço (FGTS), Juca has recently expanded its platform to over 3,000 retail locations across Brazil. This expansion not only underscores the company’s growth but also highlights the increasing demand for accessible financial solutions among Brazilian workers.
The FGTS is a mandatory severance fund established to protect Brazilian workers dismissed without just cause. Employers are required to deposit a percentage of an employee’s monthly salary into this fund,
