Latin America has 66% more fintech startups than in 2017 – IDB

IDB report also reveals region has a higher proportion of female founders than global average

Fintech

The number of financial technology startups in Latin America has increased by about two thirds since May 2017, according to an Inter-American Development Bank (IDB) study released recently. 

The report, Fintech in Latin America 2018: Growth and Consolidation, is the latest comprehensive study of activity in the fintech industry across the region.

The IDB identified 1,116 fintech startups in the region, up 66% since the organisation’s first report of this kind in 2017. The report also finds

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Global Technology Partner: ACI Worldwide

ACI Worldwide powers 26 domestic and pan-regional real-time payments schemes across six continents, including 10 central infrastructures, providing solutions to central banks, participant banks, fintechs and other payment service providers

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