Latin America has 66% more fintech startups than in 2017 – IDB


The number of financial technology startups in Latin America has increased by about two thirds since May 2017, according to an Inter-American Development Bank (IDB) study released recently. 

The report, Fintech in Latin America 2018: Growth and Consolidation, is the latest comprehensive study of activity in the fintech industry across the region.

The IDB identified 1,116 fintech startups in the region, up 66% since the organisation’s first report of this kind in 2017. The report also finds

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