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.
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.
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.
