Fintech Insider Podcast by 11:FS
859. Insights: LATAM fintech revisited - a perfect storm of innovation and inclusion
May 23, 2024
Juan Pablo Ortega and Cinthia Merlos discuss the growth of fintech in LATAM, challenges faced in accessing capital and technology, real-time payments, and collaborations between fintechs and traditional banks. The podcast delves into Mexico's fintech scene, government initiatives, currency value, and rising investor interest, promising a bright future for fintech companies in the country. The conversation also explores changing consumer behavior post-pandemic, digital payments, financial inclusion, and Novo's global payments revolution
53:34
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Quick takeaways
- Consumer behavior in Latin America shifted towards digital financial services post-pandemic, prompting fintech companies and banks to meet rising expectations for seamless online experiences.
- Financial inclusion in Latin America poses challenges and opportunities, urging fintech firms to provide innovative and scalable solutions for the underbanked and unbanked populations.
Deep dives
Changing Consumer Behavior Post-Pandemic
Post-pandemic, consumer behavior in Latin America shifted towards digital financial services, with increased trust and openness to using applications for payments and banking. The pandemic accelerated the adoption of online transactions and services, leading to higher expectations of technology integrations like real-time notifications and digital card management. Fintech companies and traditional banks are now pressured to meet these evolving consumer demands for seamless, digital financial experiences.
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