Search Results for "colombia"
18 Upcoming Fintech Events in Latin America to Attend
Latin America (LatAm) is experiencing a dynamic surge in fintech innovation, emerging as one of the fastest-growing regions in the space globally. As of April 2023, the region was home to about 1,000 active fintech companies with Brazil (466 fintech
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5 Promising Early-Stage Fintech Startups from Argentina to Know
Argentina, one of South America’s most promising economies, has a burgeoning fintech ecosystem that’s evolved rapidly over the past years, fueled by favorable factors including a growing tech-savvy population, increasing smartphone adoption, and a thirst for financial inclusion. Today, Argentina
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Top 8 Fintech Deals in Latin America in H1 2023
Fintech startups in Latin America (LatAm) raised a total of US$254 million in funding in Q2 2023, bouncing back 69% from Q1’s US$137 million, data from Fintech Global, a provider of fintech information services, show. Despite the quarter-on-quarter (QoQ) rebound,
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European Merchants Tap Latin America E-Commerce Opportunity
Latin America, one of the fastest-growing e-commerce markets globally, has become a preferred destination for European companies looking to expand globally, an appeal that’s owed to the region’s booming smartphone penetration, rapidly digitizing population and improving payment infrastructure, a new
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North America Fintech Market Set to Quadruple by 2030
Boston Consulting Group (BCG) and QED Investors have released a report projecting a sixfold increase in financial technology revenues from US$245 billion to US$1.5 trillion by 2030. The fintech sector, which currently holds a two percent share of the US$12.5
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In Latin America, Fintech is Driving Banking Innovation and Improving Financial Inclusion
The rise of fintech in Latin America (LatAm) over the past decade has shaken up the region’s financial landscape, driving innovation in the banking sector, boosting competition and helping increase inclusion, a new paper by the International Monetary Fund (IMF)
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Warren Buffett-Backed Nubank Crosses 70 Million Users
Nubank has reached 70 million customers in Latin America, with 66.4 million users in Brazil, 3.2 million in Mexico, and more than 400,000 in Colombia — making it the fifth largest financial institution in Brazil in terms of number of
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Digital Banking and Insurtech Among Fastest-Growing Fintech Segments in Latin America
The fintech ecosystem in Latin America (LatAm) has risen quickly over the past couple of years with sustained growth observed in all segments and in the number of active fintech companies, a new report from the Inter-American Development Bank (IDB)
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The Super App Model May Not Be Suitable for the US Market
Super apps may be widely popular in Asia and quickly gaining ground in Africa and Latin America (LatAm), they have little chance to succeed in the US because of lacking consumer interest, cultural barriers as well as data privacy and
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Foreign Fintech Companies Flock to Peru
Peru’s fintech industry is expected to get a boost this year, driven by favorable regulatory developments and rising demand for more accessible and inclusive financial services. Javier Salinas, director of Emprende UP, the center for entrepreneurship and innovation of the
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