If you ask around the fintech community what regions are up and coming when it comes to fintech you will...
Latin American online lender Afluenta has obtained the support of the Multilateral Investment Fund, an innovation lab of the Inter-American Development Bank, for development of a green loans product; the lender will provide the loans to individuals and businesses seeking financing for renewable energy equipment, energy-efficient appliances and other green energy related purchases; the development process for the green loans will include customized credit underwriting for energy efficient loans and borrowers. Source
Finnovista is a research and industry 'catalyst' firm that is tracking fintech growth across Latin America and Spain; in a recent report on Brazil, they track 219 fintech startups in the country, making it the most prominent Latin American country based on that metric; Mexico follows with 158 startups, then Colombia, Argentina and Chile each having 55 to 80 such startups; an infographic indicates that 26% of Brazil's fintech startups are in the payments sector, 10% in balance sheet lending (with some web presence or other innovation), 2% in true P2P lending and 8% in crowdfunding. Source
Ebanx is a successful payments startup in Brazil; they are looking to expand their product offerings beyond serving e-commerce platforms;...
Fintech innovation has been emerging in Latin America; LendIt USA 2017 featured a panel of Latin American market leaders moderated by Andres Fontao of Finnovista; panelists discussed what is happening in the Latin American fintech market and why there is an opportunity for fintech firms and specifically online lenders to be successful. Source
Back in December we held Finnosummit Miami by LendIt Fintech to capture all of the interesting things happening in Latin...
askRobin is based in Estonia but serves consumers in Latin America; the company first started in Mexico in late 2017,...
Both Tencent and SoftBank have invested in the company called Ualá which is seeing massive growth during the coronavirus crisis;...
There are many reasons why Latin America is the hottest region on the planet right now for fintech innovation. Venture...
Thiago Piau runs StoneCo Ltd. a company which has been successful in the payments space dominated by Brazil’s largest banks;...