Browsing Tag

Latin America

Fintech industry increases its presence in Latin America

The number of fintech platforms in Latin America and the Caribbean doubled in the last three years to reach 2,482 in 2021, which represents almost a quarter of these companies worldwide, with 22.6 %, according to the latest study published by the Inter-American Development Bank (IDB). The report,…
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Colombian economy will grow 6 % in 2022

International organizations such as the World Bank and the International Monetary Fund published their estimates of economic growth for Latin American countries, where Colombia stands out with growth in the order of between 4 % and 6 % by…

BM estimates growth in Latin America at 2.3%

The World Bank lowered the estimate for GDP growth in Latin America and the Caribbean for this year by about 0.4 points, to 2.3%, as a result of higher inflationary pressures derived from the war between Russia and Ukraine. In a new…

Neo banks and fintech attract the young population

A study carried out by Backbase, a banking platform, and Americas Market Intelligence (AMI), revealed that 75 % of young people between 18 and 21 years old consider that neo-banks and fintech offer more attractive services for the young…

Latin America joins the campaign to denounce crypto scams

Authorities in Argentina, Chile, and Colombia have recently joined Spain and other countries in leading the "FakeCoin" campaign, which seeks to raise awareness of cryptocurrency scams. This group of Latin countries, along with some members…

Panama will host the Blockchain Summit LatAm 2022

Panama was recently selected as the venue for the Blockchain Summit LatAm 2022, to be held between July 6 and 8. Through an official statement they stated that the objective of the inclusion of the Panamanian country is to turn it into a…

IMF and Costa Rica reach an agreement for support

The International Monetary Fund (IMF) reached a technical staff level agreement with Costa Rica on the necessary policies to complete the first and second reviews of the program of the Central American country supported by the multilateral…