The Colombian Fintech sector has grown by 26%, with 200 startups currently active, based on data gathered since the most recent Fintech Radar published by Finnovista.
This increase was driven by dynamism within the Lending segment and the enormous opportunity created by the scarce access to credit for consumers, SMEs and the underbanked population within the country.
Radar shows that the number of employment opportunities generated by the sector has increased in comparison to previous years, having already reached over 7,000 jobs by the beginning of 2020