FinTech is reinventing banking services all over the world. In Latin America, these platforms have found huge potential with targeted demographics.

Indeed, with digitally-native infrastructures and highly-personalized experiences, FinTechs are growing exponentially inside the region. These solutions can introduce financial products to the market quicker and cheaper than the traditional institutions while removing the friction. Moreover, they are helping Latin America to become a global leader in digital banking.

There are certainly challenges to overcome to achieve this goal since the region has long been associated with wealth inequality. However, increased investments and mobile-first successes in other emerging markets around the world prove that financial inclusion can finally be a reality in Latin America.