Colombia’s fintech industry will set the trend in 2025
Fintech sector analysts predict a good year for the industry with solid growth in Colombia thanks to technological innovation
Colombia’s fintech industry will experience positive progress in 2025, setting the trend in the payments sector, with innovation and consolidation of current systems.
If 2024 was a good year thanks to the transformations in the region in terms of technological innovation and a regulatory environment, 2025 will be one of the trends.
One of them, with important advances, is tokenization and decentralized finance (DeFi). According to the report by the international consulting firm Boston Consulting Group, “the tokenization of real-world assets could represent a business opportunity of 600 billion by 2030, equivalent to 10% of the world’s GDP. In Colombia, the adoption of tokenization is growing, with initiatives that seek to democratize investments and diversify portfolios.”
Another trend will be experienced in the areas of digital payments and QR solutions. In this sense, it is appropriate to mention the figures of the Association of Fintech Companies of Colombia, where more than 50% of Colombians use some type of digital payment, such as payments through WhatsApp, digital wallets and QR codes.
This sector is followed by the so-called Open Banking that facilitates interoperability between banks and fintechs. This allows consumers to access a variety of financial products in a more efficient and personalized way.
The country will also experience greater adoption of Web3 and cryptocurrencies thanks to trust in “decentralized technologies and greater participation in the global digital economy.”
M.Pino
Source: laopinion
(Reference image source: Austin Distel on Unsplash)
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