According to The Inter-American Development Bank (IDB) and Finnovista, in 2018 there were 1,166 Latin American Fintech ventures registered, which represented a 66% growth in comparison to 2017, which aim to serve small and medium-sized enterprises as well as other segments that remain underserved by the traditional financial system. This FINNOSUMMIT Webinar, sponsored by Mastercard, will provide all the key information on how digitalization, new disruptive models in banking and collaboration between Fintechs, regulators and traditional banks can help foster financial inclusion in Latin America and improve the customer experience.
According to a study by Softtek, the Neo Banks and Challenger Banks market is expected to generate around $394,648 million by 2026, at a compound annual growth rate of around 46.5% between 2019 and 2026. To represent thef Neobank point of view we will have Rene Serrano, CEO and Co-founder of Banco Fondeadora.
Banks, key players in financial inclusion and the development of the region, have been undergoing major structural changes for years and have been working on their digital transformation to improve their efficiency and resilience while serving their customer segments and trying to serve the unbanked to a greater extent. Therefore, those banks that have opted to join the open banking movement are making their APIs available to third parties so that, especially startups, can create new financial products without having to be part of the traditional banking sector, which is favoring financial inclusion in Latin America.
This FINNOSUMMIT Webinar, sponsored by Mastercard, will provide key insights on how digitization and collaboration can foster financial inclusion and deliver better services.
Experts in Neobanks, Open Banking and Banking as a Service such as Rene Serrano of Fondeadora, Nick Grassi of Finerio and Anabel Perez of Novopayment will participate in a 60-minute panel moderated by Pablo Cuaron, Director of New Payment Streams at Mastercard. At the end of their presentation, attendees will have the opportunity to ask live questions to the experts. There will be a dedicated time exclusively for a Q&A with the audience at the end of the talk.
Don’t miss the webinar on February 25th at 11:00 a.m. (CDMX)! Register for free.
Mastercard is a technology company in the global payments industry. Its mission is to connect and drive an inclusive digital economy that benefits everyone, everywhere, by making transactions safe, simple, smart, and accessible. Using data and protected networks, alliances, and passion, its innovations and solutions help individuals, financial institutions, governments, and businesses to reach their greatest potential. The coefficient of decency philosophy drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, you are building a sustainable world that opens up possibilities that are priceless for everyone.