Boas Festas!

We are getting to the end of the year and as we reach the holiday season, we want to let you know how grateful we are for our collaboration throughout the year. 

This year we have archived many projects, worked with most of the top LSPs around the world and started more collaborations with new partners. 

In Brazil, Christmas is the start of the holiday season and the first days of summer. For us, Christmas is very hot (30ºC) and tropical. It is a special time for us to meet our family and friends in summer 😉, have delicious food, and also get to experience some artificial snow sprinkled here and there. It is also a perfect time to prepare for the start of a new year with many traditions like jumping in the waves, wearing white clothes but different color underwear, and keeping a Folha de louro (bay leaf) in our pockets for extra good luck.

It is a special time of the year, and we give thanks to all of our clients. We are very grateful to those who have made our success possible, and we appreciate working with you on every project. We hope this holiday and next year will bring you peace, joy, and prosperity!

As we look back upon the past year, we would like to acknowledge our team at TextTrans. We are thankful for all of their work, support, and commitment. Their drive and determination helped us to get where we are today, and we couldn’t have done it without you. Our success is your success. 

Thanks for a great year, and we wish you all the best as you embark on the new year ahead.

Please accept our warmest wishes for a truly wonderful holiday.

Warm greetings from the TextTrans team. 

Brazilian Portuguese – The most in-demand language for the Gaming sector

Game localization for Brazilian Portuguese – a promising market

The Video Game industry shows no sign of slowing down. In the past few years, the fact that an increasing variety of titles and platforms are available (console, PC, and mobile) has attracted more and more people to the gaming world.

Data from a report by a leading provider of gaming market statistics, Newzoo, shows that the number of players is higher than ever, and an estimated 3 billion people worldwide will dedicate many hours of playtime to gaming entertainment by 2023. This indicates that a large part of the global population accesses game content on a constant basis.

Because most game development studios are based in the United States, new titles are initially released in English. But not all players speak English, which can result in a poor experience due to the language barrier. In Brazil, only 5% of the population aged 16 and above say they have some knowledge of English. 

That’s where game localization comes in: the process of translating and adapting content from a video game to a target location and culture so that players feel as though it was originally created for them. This involves translating character dialogues, instructions, lore, menus, and basically everything that can be seen on screen when playing a game. 

Sounds like quite a task, huh? 

Luckily, with an experienced team of professional translators specialized in localization, this can be successfully done.

As a first step, translators must familiarize themselves with the reference materials provided by the client (assuming they exist)—termbases, style guides, translation memory—and with the game itself to know how all the pieces will fit together in the final product. Playing the actual game can be very helpful, but this is only possible when it has already been launched in English and when it is either free of charge or when the client provides access to a demo to those involved in the translation process.

Sometimes, due to developers’ and publishers’ confidentiality concerns, the game is unavailable, and no screenshots and scripts are provided, making the task more challenging for translators. In these cases, it is especially useful to choose translators who are gamers themselves, so they can use their “XP” to figure out the context of the sentences.

After getting familiar with the content, it is time to translate! During this process, the translator should aim at keeping consistency throughout the game for words and expressions that come up several times. These words may or may not be in the glossary. In battle royale games, for example, a lot of the terms used are widely known by the audience and might not be in the glossary. Consistency is key either way.

Another characteristic of translating games is the need to transcreate certain elements. Depending on the client’s requirements and the genre, this may include names of characters and places, collectible items, weapons, special abilities, jokes, and cultural references. A classic example is the Goth family in The Sims series. Instead of simply choosing “Gótico”—this would be the literal equivalent in Brazilian Portuguese—the translation team went for a less obvious yet great option: “Caixão” (coffin), which is not only similar to “Paixão,” a common Portuguese last name but also semantically linked to the original name.

Some parts of the game (i.e. buttons, actions, technical data, etc.) do not require full transcreation and can be translated by relying on translation memory and a machine translation engine. Chosen by the client, this translation engine automatically translates the source content into the target content, which is then post-edited by translators to make sure it fully conveys the intended meaning. This saves money and time, and translators can focus on finding the best solution for more complex aspects which require a creative approach.

Once the translation is complete, the review step is carried out to ensure that the text complies with the client-provided materials, that no omissions have been made, and the source meaning is aptly conveyed. To do this, reviewers read the source text line by line and compare it to the target content while making the appropriate changes where necessary. The target text must sound as fluent as possible so that the local audience can actually feel that the game has been produced especially for them and makes complete sense for their region.

Finally, in the quality assurance step, translators improve the final content quality by checking minor issues, such as words that are misplaced due to last-minute changes made in the previous step. If possible, they also test the game to verify how it will look on real devices. This is done to make sure that all the visual elements are clearly visible and that no text is truncated while playing the game. These days, this step is usually completed on a sample of interactive screens from the actual game interface or screenshots provided by the client.

With a market size of nearly $200 billion in 2022, it is evident that the gaming industry is a profitable space, specifically in Brazil, where a great part of the population plays video games. This is in line with data published by LocalizedDirect: one of the top 5 target languages for the gaming market is Brazilian Portuguese, which is the main language TextTrans works with.

Our team of expert translators includes many gaming enthusiasts and players, as well as those with relevant marketing and legal translation experience for the additional accompanying materials! 

So, should you need help, we support you when you need to localize games, no matter the genre, so you reach the next level in the localization industry. 😉

For any questions, please feel free to contact us at

FinTech & Brazil – from evolution to opportunity! PART 2

FinTech & Brazil – Part 2


In part 1 of this blog series we looked into the hot topic of Fintech, and discussed its history, current status and what it means for the financial industry. Financial technological innovations are emerging everywhere, but as briefly mentioned in the previous blog post, one country in South America is especially worth looking at, when it comes to disrupting the financial sector. Although not often considered as one of the financial superpowers of the world, Brazil is a goldmine of FinTech start-ups, and in part 2 of thi blog series, we are going to take a close look at this South American leader. We will analyse the financial sector and especially banking in Brazil, the economic situation in the country, possibilities for FinTech start-ups and the importance of localization to grow a FinTech business in Brazil.

Fintech in Brazil

One of the world’s biggest financial technology hubs now is Brazil, where 230 of Latin America’s 700 FinTech companies are located.[1] A 45-page report published by Goldman Sachs estimates that these 230 companies are expected to generate a potential revenue pool of 24 billion dollars over the next 10 years, and the Brazilian FinTech scene seems to be growing more than anywhere else. One of the reasons is that the banking sector in Brazil is so concentrated compared to anywhere else, as the top 5 Brazilian banks hold 84% of total loans! This number stands out significantly in an international perspective as the top 5 banks in USA, India and Turkey “only” hold 20%, 30% and 30% respectively. This unique Brazilian market structure means FinTech can potentially have a greater impact in Brazil than in other developed markets. The few decision makers are more influential and have already proven their interest in the FinTech scene.

For example, one of the largest banks, Itaú Unico Banking recently invested about 2$ billion in XP Investimentos, which is a financial service and brokerage firm. It is also worth mentioning that in Brazil, fees and interest rates for loans are among the highest in the world making the FinTech market in Brazil even more interesting and potentially more profitable for consumers and disruptors alike. As we now know, FinTech companies help banks reduce costs and improve efficiency, and this fact combined with Brazil having so high interest rates indicates that financial institutions will want to collaborate with FinTech companies to stay competitive.

Financial inclusion in Brazil

The financial tech scene in Brazil has already received much attention as well as investment capital. Three of the most promising segments are personal finance, lending and payments, but there is another emerging problem in Brazil which could be an attractive challenge to solve for the innovative FinTech companies. We are here talking about another new term, namely “financial inclusion”, which revolves around making financial services affordable and accessible to all individuals.[1] Unfortunately, the particularly high fees and interest rates in the Brazilian financial sector exclude a lot of people from participating in the financial sector. Brazil has a rather large population of less well off people, and FinTech companies are now competing with each other and collaborating with banks to solve this problem. A lot of innovative services like Saffe (digital payments), Vérios (robo-advisor), Kavod (social lending) and crowdfunding [2]have already made a positive impact and cut costs for the financial institutions including more people in the financial sector, but the challenged is far from solved, as an untapped portion of the world population still remain unbanked or underbanked[3].

Around the world, 2 billion people don’t use formal financial services, and in Brazil, it is estimated that 50 million people don’t have a bank account.[4] This represents an opportunity for both established players and new innovative companies to make an impact. Especially in the north and northeast of Brazil, people have little access to banks in the rural areas, and high crime rates also pose an extra problem, as unbanked people carrying out transactions in cash are exposed to the high chances of being robbed. This challenge has been taken up by the Brazilian government in cooperation with FinTech companies with the desire to boost financial inclusion. The government approved a resolution in 2016, which made it legal to open bank accounts without the need of physical ID or proof of address. These digital accounts can be opened on any smartphone without having to physically going to the bank, and the new service catering to the poor population in Brazil already showed to have a positive impact in the first few months. One of the banks, Intermedium, increased its account numbers from 10,000 in March 2016 to 80,000 in December 2016, as they are offering unlimited free transactions.

The importance of localization in FinTech

The financial technology sector in Brazil proves to be very innovative by offering unbanked people a ticket to financial inclusion. In other words, FinTech has entered yet another interesting customer segment, and it seems inevitable that the FinTech industry is very attractive for investors, and that it is only going to grow in the future. As for any company growing and expanding, localization should be a very important part of a progressive business plan, but for FinTech it is actually even more vital to focus on translation. First of all, the competitive advantage for companies selling technology is that they’re location independent and are able to sell everywhere across the globe. Using English as the software interface language is efficient in some industries, but as financial technology sells software solutions that are supposed to handle massive amounts of money, one language is not sufficient. Why is that?

In the past, people trusted banks almost blindly, and financial institutions had this firm trust because of their size and status in society, but this changed radically after the Wall Street crash in 2008. People no longer had faith in the financial sector, and especially the banks now faced the challenge of building trustworthy relationships with their clients. This now provides a major challenge for the FinTech companies, as the more money a transaction includes, the more important is the establishment of trust. Language is inevitably a key factor in relation to creating trustworthiness for companies, and since FinTech companies sell platforms handling millions and billions of dollars, translation and localization is especially important in this industry. If a financial institution is looking to buy a service from a FinTech company, they are undoubtedly going to value being pitched in their native language. Just take a look at this graph from a report carried out by Common Sense Advisory published in 2006.

Services Needed

In Brazil 77% of the population preferred to buy products with information in their own language, so if you are a FinTech company, who wants to take advantage of the growing economy and profitable opportunities on the Brazilian market, you have to translate and localize your product! Let’s take a look at the services that a FinTech company would want to use. The software, whether it be a desktop, an app or both, would need to be translated, as well as potential user assistance pages, user forums and a website. There could also be marketing content and ads, which should not only be translated but potentially transcreated to engage perfectly the Brazilian consumer. To complete this task, a competent linguist would be needed, who understands financial technology as well as how it works in the Brazilian market. Ideally the localized product would be tested on the interface and the operating systems used in the country for optimal results.


I hope this blog post has been informative and given you a good overview of the impact and opportunities for FinTech in Brazil.  If your FinTech company aims to be a part of the growing economy in Brazil, you need to localize your products and supporting materials, and with the right team! Please do not hesitate to contact us for more information at

Thanks for reading, and please get in touch with your feedback, we would love to hear from you.


[1] (New York Times, 2017)

[1] (Investopedia, u.d.)

[2] (Rodrigues, 2017)

[3] (Investopedia, u.d.)

[4] (Fintech Brazil, 2017)

FinTech & Brazil – from evolution to opportunity!

FinTech and Brazil – PART 1

FinTech is one of the hottest topics at the moment in the business world and the basis for a 40-billion-dollar industry. The popular term seems to be on everyone’s lips, but what does FinTech actually mean, and what is it exactly? In this blog series, we are going to examine how FinTech evolved and what it means for the Brazilian economy today. Today’s blog will explore how Fintech came about and next week we will discuss in detail the repercussions for Brazil.

What is FinTech?

FinTech is a contraction of the words “financial technology”, and the term has been used to describe all kinds of innovative technological services emerging in the financial sector of the 21st century. In today’s digitized world, society is producing new and exciting inventions on a daily basis, and nowadays, new financial technology is enjoying great success. FinTech is currently booming and is apparently a 40-billion-dollar industry, and catching the attention of the world’s top investors.[1] But why is this particular area so popular, when the digital economy is producing so many other exciting innovative and disruptive services?

The history of FinTech

First of all, it seems to be a common mistake to regard FinTech as something that has only existed for the past 10 years. Although that the term sounds super modern, it does not only revolve around the most recent emerging services, but should actually be applied to every invention that has to do with financial technology. So, anything from the first ATM invented by Barclays in 1963 to Apple Pay being integrated in our lives these days in recent years can be regarded as FinTech. One of the very first inventions relating to technology in the financial sector was the pantelegraph, invented by Giovanni Caselli in 1865, used to verify signatures in banking transactions.[2] In the late 1800s, consumers and merchants began exchanging goods using credit for the first time in the form of charge plates and credit coins, which later evolved into the credit cards and cash of today that modern technology is in the process of replacing with virtual currency like Bitcoin. In 1918, we started transferring funds using a Morse code system, and around 40 years later in 1960, the first electronic system to provide stock market quotations was brought to life. Again in 1983, the industry was gifted with a revolutionizing invention, namely online banking, which set the scene for digital payments and online shopping. Like almost every other successful invention, these innovative contributions to the financial sector facilitated many important processes in the financial ecosystem, and hereby made life easier for both clients, banks, stockbrokers and basically every player in the financial world. Inventions such as the pantelegraph contributed to developing security, which is an essential aspect when dealing with high amounts of money, whereas inventions such as online banking connected the global world in a way which helped to centralize the financial industry. All of these inventions were different and disrupted the financial sector in their own way, but they are all similar as they fit in the category of FinTech.

Fintech today

As the history clearly shows, the financial sector has been disrupted numerous times throughout the last 150 years, but it is no coincidence that the area of financial technology has been given a sexy name like “FinTech” and enjoyed an extreme rise of popularity recently. In October 2008, after the Lehmann Brother’s fall, the financial crisis struck, and every financial institution was under a massive pressure. Finding themselves in a crisis, banks were suddenly compelled to change their prior mind-set, act differently, and become more open to innovative concepts and ideas.[3] Digitizing processes is cost-effective, and the FinTech companies offering exactly this service suddenly became attractive to the banks, as they started lacking funds and had to think differently. The recent advances in technology, the rise of social media and the 2008 financial crisis have undoubtedly paved the way for FinTech’s rapid development, but the emergence of modern FinTech has not been a bed of roses. In the beginning, financial technologies like Bitcoin were perceived with serious scepticism by society fearing that modern FinTech would eclipse banking as we know it. Many new inventions can seem scary, but despite initial challenges and fears, financial institutions implementing new technologies

have seen tangible results like the enhancement of infrastructure, cost cutting and increased customer satisfaction. Fintech companies are not ruining banking, but rather improving the industry by collaborating with the established banking system, and the rise of financial technology shows this collaboration is a huge win-win situation. Banks have money and need innovative technologies to improve their business. Emerging businesses in the shape of FinTech start-ups have innovative ideas to improve banking, but lack funds to realize their projects. By collaborating, FinTech companies grow and the financial institutions stay relevant by increasing effectivity and attracting younger customers.

FinTech is inevitably disrupting the financial industry, and it is going to be important to follow the rapid evolution of financial technology. Nowadays costumers enjoy being able to discuss financial decisions with their personal advisor in the bank, but the emergence of Chatbots and artificial intelligence indicates that we might be advised by robots in the future. To many people this seems very strange and even maybe scary, but the truth is that society was very sceptical of using the credit card back in the day. We do not know what the future holds for FinTech, but considering the economic power that the industry has, we are definitely going to feel the impact.

Increasingly countries are embracing new financial models, and especially one country in South America seems to be making a name for itself on the international stage – Brazil. Did you know that in Brazil, 50 million people are underbanked, i.e. they do not enjoy access to the same range of services that we may take for granted in the US or Europe? And that 5 Brazilian banks hold 84% of total loans in the country? Keep an eye out for part two of our blog series if you want to know why the next FinTech goldmine might be situated in the country of carnival and samba!

[1] (PWC, 2017)

[2] (New York Times, 2016)

[3] (Forbes, 2015)

Most trusted brands in Brazil

Ipsos recently published their ‘Most trusted Brands report 2016’, in Brazil, and for other countries worldwide. This survey, now in its 5th year in Brazil, is conducted annually and evaluates many leading brands and their power of influence in daily life and consumer behaviour in 19 different countries.

The survey provides insight into which companies and kinds of companies are trusted the most, and also what criteria consumers from different countries use when attributing trust or value to a brand.

It analyzes how the public classifies each brand within 57 attributes, which measure, for example, whether the company is part of the daily life of the interviewees, whether it really understands the needs of consumers, inspires confidence, etc.

In addition to listing brands by their influence, the research helps to understand how other five major dimensions – Leadership / Innovation, Trust, Presence, Social Responsibility and Engagement – correlate with this influence.

In Brazil, the survey was done via online panels with 2,016 people.

The survey found that in Brazil, drivers who had the greatest impact on influence were:

  • Leadership / Innovation (37%)
  • Social Responsibility (23%)
  • Confidence (21%)

Even with a lower weight, Presence (11%) and Engagement (8%) also contributed to influence building.

The Top 10 companies were ranked as follows

1. Google

2. YouTube

3 Facebook

4. Microsoft

5. Samsung

6. Nestlé

7. Netflix

8. Colgate

9. Havaianas

10. Caixa

By comparing how the list has evolved over the years we can see which brands have gained or reduced in influence or popularity.

From a localization perspective this data is interesting for a few reasons. The list reflects not just the changing preferences of a growing dynamic country, but by focusing in on the language used by the highly ranked brands in their products and communications we can get a sense of how Brazilian consumers these days are used to being communicated with, and we can adapt our translation style to reflect this contemporary approach.

So, the influencers of today are not just influencing consumers and consumer behaviour but also the language of consumers and their expectations around language style.

It is interesting to note the type of companies that make up the top 10 or top 20, and to consider whether the ranking reflects a largely global trend, or whether it contains trends that are unique to Brazil.

Marketers can study how these companies represent and position their brand within the Brazilian market, and pay attention to whether there are any differences to the way in which the Brazilian companies communicate, compared with those from other countries.

Regardless, any company looking to launch marketing campaigns in Brazil should pay close attention to the key ‘Influence Drivers’ mentioned in the report, and determine if they can promote some of these as part of their brand to assure future success.

Social Responsibility would seem to be particularly important to the Brazilian public – Brazilians want to see more brands who operate ethically, sustainably and with the greater good in mind.

What are the most successful or impactful brands in Brazil for you? We would love to hear your top choices and your reasons why!