Latin America has had a poor performance in competitiveness, according to a Swiss institution. Colombia has been an exceptional case.
The third regional edition of the Visa Everywhere Initiative seeks startups in Latin America and the Caribbean.
Chile is the second most attractive country in Latin America to Fintech investors, but the lack of regulation and venture capital has restricted its growth.
Flixxo takes advantage of the blockchain and the BitTorrent to create a platform that pays to creators and users.
In recent years, China has increased its presence in Latin America, investing in infrastructure and development works, in addition to the arrival in the region of technological products.
During March and April, the relevant tests are being carried out to launch the new CoDI system to the Mexican market in September of this year. The system will allow to send and receive payments for goods and services through a platform with the use of the fingerprint and a QR code.
Brazilian company Vtex recently bought UniteU. The acquisition will guarantee a synergy.
The Inter-American Development Bank (IADB), in collaboration with Finnovista, has published a new report that outlines the Fintech sector performance in Latin America.