FinTech encompasses multiple segments such as digital payments, banking, big data, investment/wealth management, blockchain and cryptocurrency, and alternative lending. The constituents of the key segments and others (other segments) keep changing based on geography. North America is the leading revenue contributor to the FinTech industry, while Latin America (LATAM) contrasts in terms of size and the adoption of FinTech services and is considered an emerging and evolving market. In this two-part series, we try to cover the largest FinTech markets in LATAM, identify some key startups that are changing the landscape, and understand the future outlook for the region. |
