Tag "fintech ecosystem"
Fintech on the Rise in Uzbekistan: A Short Overview
Fintech is experiencing rapid growth in Uzbekistan, playing a pivotal role in improving financial inclusion, driving digital transformation, and contributing to economic development. But despite the growth, the domestic fintech sector remains small and nascent, presenting opportunities for players to
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In Guatemala, Incumbents Tap Fintech Specialists to Ramp up Tech Capabilities
In Guatemala, incumbent banks are teaming up with fintech startups to benefit from their technological advancements, enable a seamless digital customer experience and access new market segments. Banco de los Trabajadores (Bantrab) is among the prominent financial group in the
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Peru Fintech Industry Grew 16% This Year; COVID-19 Accelerates Digital Adoption
Peru’s fintech industry has been growing consistently these past years, surging to 171 fintech companies operating locally, as of September 2021. The figure represents a 16% from 2020, and an annual average growth rate of 20% over the last seven
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Fintech Sector Starts Taking Shape in Panama
Although Panama is lagging behind nations such as Brazil, Mexico and Colombia, in the development of fintech, the lack of access to financial services and high financial exclusion levels provide opportunities for the space to grow. A study released in
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Momentum Continues in Colombia’s Fintech Ecosystem
Colombia’s fintech sector is growing at a fast pace with now more than 320 companies operating in various segments ranging from online lending and digital payments, to business finance and wealthtech. This makes Colombia the third largest fintech hub in
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Argentina’s Fintech Landscape Shows Strong Growth Despite Headwinds
Argentina’s booming fintech industry boasts over 300 companies that employ nearly 15,000 people. This year, the sector is expected to create more than 5,600 positions, reflecting on the industry’s massive growth and traction, according to data from Cámara Argentina de
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Portugal’s Fintech Industry Continues to Grow and Mature on the Back of Favorable Regulation
Portugal’s fintech ecosystem continued to grow and mature in 2020 with several new developments including the establishment of fintech hub Fintech House as well as the release of the framework for a regulatory sandbox. Committed to supporting the development of
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Covid Netherland Market-Report and Holland’s Top 20 Growth Fintech
In the Netherlands, the COVID-19 pandemic is spurring the need for more sophisticated and digitized financial products, according to a research conducted by industry trade group Holland Fintech, in collaboration with Fintech Aera. In a new report titled The State
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Swiss Romandy Sees Thriving Fintech Ecosystem Centered Around Geneva and Lausanne
Romandy, the French-speaking part of western Switzerland, is home to a burgeoning fintech community with several homegrown startups including NetGuardians and InvestGlass, rapidly emerging as regional leaders. Geneva’s fintech ecosystem Romandy combines unique banking expertise and first-rate technical skills, thanks
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Fintech In Germany: An Overview
Germany is one of the key fintech locations in Europe, and according to the country’s economic development agency, Germany Trade and Invest, the fourth largest in the world. Germany’s booming fintech industry has been driven by robust funding from domestic
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