This year’s edition of FINNOSUMMIT, the most important Fintech event in latin America, took place on September the 12th and 13th at the Centro Cultural Roberto Cantoral in Mexico City. Over 1500 investors, entrepreneurs, financial institutions representatives, consultants and high impact executives from 15 different countries attended the conference.
For this Panel we had Julie Ruvolo—Director Venture Capital strategy at LAVCA— as moderator, and Christine Kenna —Partner of IGNIA Venture Capital Fund—, Adalberto Flores—CEO of Kueski— and Gordon Watson—Partner of Victory Park Capital Advisors—, who chatted about fundraising from two complementary points of view, from the perspective of the money that an investor can attract to invest in a startups, and, especially, from the perspective of a startup trying to raise funds.
At this extremely interesting conversation, the speakers pointed out several positive features of fundraising in Latin America such as the recent change of attitude of international investors towards the region who are starting to see the opportunity that the Fintech ecosystem, especially in Mexico, has become. Nevertheless, there are still several market gaps, since, according to the speakers, the region is still missing “the initial commitment of a leading investor in a round” what leads to what they consider the ugliest part of fundraising in LatAm: “How long the process can be and how destructive as well”.
Don’t miss the video of the full panel