Fintech in Latin America: Key trends in 2023 and beyond
The fintech ecosystem in Latin America has seen tremendous expansion and established itself as a vital actor in addressing the region’s consumer financial demands and needs. Growing demand for online banking solutions, favorable demographics, and a sizable underserved population are driving the expansion of fintech activities. The four trends to shape the regional fintech ecosystem in the coming years are Neobanking, Digital Payments & E-Commerce, Insurtech, and Embedded Finance & Open Banking.