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Visa Mexico Vice President Juan Carlos Guillermety (L) and senior director of Product Solutions and New Payment Enablers for Visa Latin America and the Caribbean, Allen Cueli (R), during an interview with Efe in Mexico City, Mexico, Aug. 24, 2017. EFE/Mario Guzman
EFE

Investment in fintechs in Latin America currently stands at around $600 million, compared to $36 billion at the global level. While the spirit of innovation is abundant in the region, there remains a disconnect among ideas, capital and clients.

Are you a Fintech entrepeneur in Latin America? Visa wants to help you

 06/07/2017 - 02:38
The Salvadoran Ruben Salazar, senior vice president of products, solutions and innovation for Visa in Latin America and the Caribbean, during am interview with EFE, in Miami, United States on Jun. 6, 2017. EFE/ANA MENGOTTI

Global investment in Fintechs amounts to more than $23 billion, but only $600 million have gone to to Latin America.Visa hopes that its "Everywhere Initiative" serves as a stimulus for creating emerging companies in the Latin American financial technology sector.

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EFE