The main objective of @vança! is to get Portugal out of Europe's tailspin by empowering the population and, above all, companies, with more knowledge and the use of new tools that will make it possible to shorten the current and worrying gap between Portugal and the other countries in Europe.

As part of the business system in the field of banking and financial management and as our product is geared towards facilitating this management, using Open Banking and Artificial Intelligence, we already have a role as consultants in the area and are partners in the digital transition. It is therefore crucial that we take on the responsibility of democratizing knowledge on these topics and calling on our usual partners and other agents in the ecosystem to boost financial literacy in Portugal, taking the country "out of the tail". In addition, we also aim to demystify and simplify access to these technologies, whose opportunities and potential allow for more qualified management on the business side.

On the one hand, academia, universities and business schools that work with future entrepreneurs, but above all with companies and the networks they are part of, namely business associations and chambers of commerce. If each of these mobilizes their networks, as we intend to do with ours, which includes players such as Fidelidade, Prologica, Microsoft, Fintech House, CMVM, town halls, among others. The spillover of knowledge will have a faster impact.

The @vança! aims to mobilize more than 100,000 business agents and other interested parties in Portugal, such as managers, entrepreneurs, students and financial professionals. In addition, nBanks hopes to expand to Brazil and the PALOP countries in the future.

@vança! will explore essential and current topics for corporate financial management, with a focus on cutting-edge technologies. The main topics include Open Banking, Artificial Intelligence applied to Finance, automation and efficiency in financial processes, digital transformation, cash-flow analysis, budget execution and forecasting, and best compliance practices.

The program will last at least a year, with an agenda of at least three monthly events, including workshops, webinars and interactive sessions. The first event is scheduled for November 15, with a webinar on the impact of Open Banking and Artificial Intelligence on financial management.

Financial literacy must be independent of the recipient's starting point, which is why we will dedicate 100 hours of our team to ensuring that more than 100,000 people from different entities, areas of activity, regions and, who knows, even Portuguese-speaking countries, have free access to the knowledge decanted from this program.

Financial illiteracy in companies is reflected in inefficient resource management, such as a lack of budgeting, predictive modeling, cash management and dependence on banks, which means that financial decisions are compromised by a lack of knowledge. The main consequences are difficulties in managing cash flow, inadequate budgeting, less ability to respond to crises and investment limitations, a higher mortality rate and a reduction in companies' ability to compete.With @vança!, companies can obtain knowledge and tools, through workshops and webinars, educational content and sessions in higher and technical education, which promote automated and precise financial management, making it possible to reduce operating costs, improve efficiency and create a solid basis for informed and secure decisions, with a positive impact on productivity and sustainability.