Brazilian SMEs spend 9 hours weekly on financial bureaucracy, Nubank survey finds

A Bridge Research survey commissioned by Nubank's SME arm finds Brazilian small businesses average 9 hours per week on financial and bureaucratic tasks, totaling 468 hours annually. The finding highlights a persistent productivity drag for SMEs, though the survey's methodology and sample are not detailed. This matters as it underscores a market opportunity for fintechs like Nubank to streamline financial management for small enterprises.