The report in English | Fintech in Latin America 2018: growth and consolidation
How many startups are there, where are they located and what are they doing to change financial markets in Latin America? How has the Fintech ecosystem evolved over the last year?
The Inter-American Development Bank (IDB) and Finnovista present the second edition of the study: “Fintech: Innovations you may not know were from Latin America and the Caribbean” that represented the first consolidated view of the Fintech industry activity and developments in the region.
The current report describes the evolution and progress in relation to last year’s analysis, along with new dimensions relevant to the ecosystem.
At the study Fintech in Latin America 2018: growth and consolidation, 1166 Fintech startups have been identified in 18 different countries, reflecting a 66% growth compared to the first measurement run in 2017, with a range of solutions that include all the segments and technologies that can be observed globally. This dynamism is favoring the rise of a more inclusive and innovative digital financial services industry in the region.
In this edition you will find:
- A general overview of the sector in the region, highlighting the evolution of the different business segments and the geographical distribution of ventures as well as the degree of maturity and development of the ecosystem and its consolidation in the region.
- New dimensions, such as the situation in Central America, Panama and the Dominican Republic and an approximation to cybersecurity and companies’ death rate.
- Key topics of the Fintech ecosystem in the region such as the role of women in the sector, its possibilities regarding financial inclusion and the evolution of regulation and supervision in the various Latin American countries and in the Dominican Republic.
- The collaboration among the different players, the way they are organized, their key programs and initiatives, with particular emphasis on Fintech associations all over the region.
We invite you to download the report and discover how these new financial companies are introducing new innovative instruments and business models that seek to reach segments of the population that have been traditionally underserved by the financial industry and, thus, committed to the development of the Latin American region.
Please fill out the following form to download the report in English language free of charge.
We hope you find it interesting!