It is common knowledge Latin America is an emerging market, but with FinTech itself being a new ecosystem, it begs the question if the region’s sector is ripe for its adoption. ...
Village Capital manager Daniel Cossio told FinTech Global, “We’re going to see a lot more FinTech startups look to scale beyond their borders, to access new markets. Communication and collaboration between countries in Latin America is starting to take off, after years of having a divided region – most notably in the case of Brazil. Funds, investors and entrepreneurs are starting to look towards the opportunities a new market in Latin America might bring. We’ve recently seen some high-profile examples of this, such as Cornershop and Nubank. In our accelerators, a lot of entrepreneurs have questions about this.”