{"id":4770,"date":"2016-09-13T18:42:53","date_gmt":"2016-09-13T18:42:53","guid":{"rendered":"http:\/\/www.finnovista.com\/deconstruyendo-el-sector-fintech-en-america-latina\/?lang=en"},"modified":"2020-04-20T05:04:24","modified_gmt":"2020-04-20T05:04:24","slug":"deconstruyendo-el-sector-fintech-en-america-latina","status":"publish","type":"post","link":"https:\/\/www.finnosummit.com\/en\/deconstruyendo-el-sector-fintech-en-america-latina\/","title":{"rendered":"Deconstructing the Fintech sector in Latin America"},"content":{"rendered":"<div class=\"aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-10736\" src=\"http:\/\/www.finnovista.com\/wp-content\/uploads\/legacy\/2016\/09\/Captura-de-pantalla-2016-08-30-a-las-2.40.07-p.m.-e1473785853555-1024x235.png\" alt=\"captura-de-pantalla-2016-08-30-a-las-2-40-07-p-m\" width=\"1024\" height=\"235\" \/><\/div>\n<p><span style=\"font-weight: 400;\">The growth and development of the Fintech ecosystem in Latin America has been evident in recent months and years. An understanding of the Fintech solutions that are being developed in the region can help explain how the transformation of the financial services industry is progressing and generate findings that can result in the creation of public policies, increase public and private investment in strategic Fintech segments, and the subsequent development of more differentiated financial services and products for certain segments of the population.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That is why the region increasingly needs a systematic effort to monitor Fintech activity in Latin America. In this context, since the beginning of 2016, Finnovista began an initiative to identify, map and segment Fintech startups in different countries of the region, having already identified more than 350 startups in four major markets: <\/span><a href=\"\/?p=10755&#038;lang=eng\"><b>Argentina<\/b><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"\/?p=9214&#038;lang=eng\"><b>Chile<\/b><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"\/?p=7391&#038;lang=eng\"><b>Colombia<\/b><\/a><span style=\"font-weight: 400;\">\u00a0and\u00a0<\/span><a href=\"\/?p=8094&#038;lang=en\"><b>Mexico<\/b><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Given the strategic importance of Fintech for the region, the <\/span><a href=\"http:\/\/www.iadb.org\/en\/\"><b>Inter-American Development Bank<\/b> <b>(IDB)<\/b><\/a><span style=\"font-weight: 400;\"> recognizes the need for an exhaustive analysis and study of Fintech in Latin America, identifying \u00a0it as a high priority topic for the IDB that will also \u00a0allow to benchmark the current state of the Latin American Fintech against other regions in the world. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">As part of the <\/span><strong><a href=\"http:\/\/www.iadb.org\/en\/events\/demand-solutions\/2016\/ideas-to-improve-lives-2015,19090.html\">Demand Solutions initiative<\/a><\/strong><span style=\"font-weight: 400;\"><strong>,<\/strong> the IDB has seen in Finnovista a natural partner to develop the largest and most comprehensive analysis of the Fintech sector in Latin America. We are inviting Fintech startups from the following 18 countries to complete the <\/span><strong><a href=\"https:\/\/docs.google.com\/forms\/d\/e\/1FAIpQLSdt2_R81ZTDre1NndiX87diJKI3Wfzgrn-PMH1jP9NgwR5svg\/viewform\">IDB Fintech Startups Survey<\/a><\/strong><span style=\"font-weight: 400;\"><strong>:<\/strong> Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Dominican Republic, Uruguay, and Venezuela. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The<strong> <a href=\"https:\/\/docs.google.com\/forms\/d\/e\/1FAIpQLSdt2_R81ZTDre1NndiX87diJKI3Wfzgrn-PMH1jP9NgwR5svg\/viewform\">IDB Fintech Startups Survey<\/a><\/strong> will allow us to identify, segment, and analyze Fintech entrepreneurship in Latin America. Aggregated information on the industry will be published as part of a final report that will be available on both the \u00a0IDB and Finnovista websites in early 2017 and distributed to government entities, policymakers, financial regulators, financial institutions, chambers of commerce, business communities and media, among others. <\/span><\/p>\n<p><strong>We would like to encourage all Fintech startups from the previously mentioned 18 countries to complete the <a href=\"https:\/\/docs.google.com\/forms\/d\/e\/1FAIpQLSdt2_R81ZTDre1NndiX87diJKI3Wfzgrn-PMH1jP9NgwR5svg\/viewform\">IDB Fintech Startups Survey<\/a><\/strong><span style=\"font-weight: 400;\"> in order to make this research the largest initiative for gathering information on the Fintech industry in Latin America, while participating in the development and awareness of Fintech entrepreneurship in Latin America.<\/span><\/p>\n<h4>About the IDB<\/h4>\n<p><span style=\"font-weight: 400;\">The <\/span><a href=\"http:\/\/www.iadb.org\/en\/\"><b>Inter-American Development Bank<\/b><span style=\"font-weight: 400;\"> (<\/span><b>IDB<\/b><span style=\"font-weight: 400;\">)<\/span><\/a><span style=\"font-weight: 400;\"> is devoted to improving lives. Established in 1959, the IDB is a leading source of long-term financing for economic, social and institutional development in Latin America and the Caribbean. The IDB also conducts cutting-edge research and provides policy advice, technical assistance and training to public and private sector clients throughout the region.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The growth and development of the Fintech ecosystem in Latin America has been evident in recent months and years. An understanding of the Fintech solutions that<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":3,"featured_media":4771,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[69,1009,31,1007,27],"tags":[913,196,644,583,925,584,688,590],"class_list":["post-4770","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ecosistema","category-ecosystem","category-fintech","category-news","category-noticias-cat","tag-banca-en","tag-bid","tag-bid-en","tag-english-en-en","tag-financiamiento-en","tag-fintech-en","tag-innovacion-en","tag-latam-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Deconstructing the Fintech sector in Latin America - Finnosummit<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.finnosummit.com\/en\/deconstruyendo-el-sector-fintech-en-america-latina\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Deconstructing the Fintech sector in Latin America - Finnosummit\" \/>\n<meta property=\"og:description\" content=\"The growth and development of the Fintech ecosystem in Latin America has been evident in recent months and years. 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