Latin America’s fintech firms are grabbing the attention of policy-makers, multilateral organisations and investors, spurring banks to devise new strategies to compete with the newcomers shaking up an otherwise conservative market.
Regulators from Argentina to Mexico are also drafting fintech laws. Organisations such as the Inter-American Development Bank (IDB) and the World Bank’s International Finance Corporation are providing technical and financial support on the back of the ability of fintech companies to increase financial inclusion.
