Three sectors focus greater than 95% of fintech funding in Latin America. Funds leads with 50.5% of reported funding, adopted by Lending with 24.5%, and Digital Banks with 21.6%.
KoreFusion, the strategic consulting and M&A advisory providers agency that makes a speciality of the monetary providers, fintechs and funds sectors, launched its inaugural 2020 LATAM Fintech Report.
This report responds to the necessity for extra info, evaluation, and detailed insights relating to the funding alternatives in fintech in Latin America. The doc identifies the fintech classes which are most able to attracting new investments, and gives a complete breakdown of the maturity of fintech ecosystems in Mexico, Brazil, Argentina, Chile, and Colombia.
“It’s clear that the modifications generated within the trade since 2008 haven’t been enough and that the precise panorama will change for all gamers, particularly banks and fintechs. The maturity of rising fintechs and their capability to develop alliances and seize a majority of investments is vital for them to attain their objectives,” notes Jan Smith, KoreFusion co-founder.
The report is the results of an intensive curation of revealed reviews, maps, and fintech databases, culminating in probably the most sturdy categorization of fintechs within the trade with 12 classes and 45 subcategories, along with an in depth evaluation of the funding revealed within the area.
- 20% of the registered fintechs throughout the 5 nations’ markets have in mind financial exercise from the final 18 months.
- 58% of the fintechs analyzed by maturity are in development mode, whereas 27% of fintechs are nonetheless of their infancy and creating, as they’re lower than 5 years of age.
- Brazil is the one nation that has fintech “unicorns”: PagSeguro, Nubank, Stone, and EBANX.
Obtain a free copy of the report: http://bit.ly/fintechlatam2020
For 25 years, KoreFusion (https://www.korefusion.com/) is a method associate and M&A advisor to the worldwide fintech, funds, and monetary providers industries.