August 5, 2019
We’re excited to announce the full cohort for the 2019 class of our Finance Forward Latin Americaaccelerator. Scroll down to the bottom to see the full list of companies.
Village Capital runs the most active financial health accelerator in Latin America. We’ve run four programs in the region in total, helping more than 40 early-stage entrepreneurs improve their investment-readiness and performing due diligence on hundreds more.
Our work sourcing early-stage startups gives us insight into upcoming trends in fintech innovation. While previous programs were more focused on “financial inclusion” — startups helping people access basic financial services — we broadened our selection process this time to take a wider lens of “financial health”. The reason? More Latin Americans have access to bank accounts and basic financial services than ever before, and while there is a lot of work left to do, we’re excited about “what’s next” in fintech innovation.
We’re proud of the diversity of this year’s cohort. We received 182 applications for Finance Forward Latin America, from entrepreneurs in Mexico, Brazil, Chile, Argentina, Colombia, Peru, Bolivia, and Ecuador. We were proud that 32% of applicants this year had a female founder or co-founder, and 46% are headquartered outside the capital city of their country.
After a careful selection process with insights from cross-regional experts, here are the 12 startups that are improving financial health in Latin America:
Finance Forward Latin America 2019 is part of Finance Forward, a multi-year global coalition led by founding partners MetLife Foundation, PayPal, and Village Capital to support entrepreneurs on four continents who are building tech-enabled solutions to place-based challenges around financial health, economic mobility, and community resilience. Moody’s is also supporting our work in Latin America.
As Regional Manager for Latin America at Village Capital, Daniel works on supporting the emerging ventures by evaluating business models, providing connections to investors, potential partners, and other industry leaders; particularly in Fintech and Health. Daniel has supported and led 6 programs in Latin America since 2016.