Author: Raphael Kappeler, Founder of Reworth

Author

Raphael Kappeler reworth

Raphael Kappeler is a Swiss entrepreneur with a passion for fintech and finance based in Mexico City. He is the founder of Reworth, the API cashback platform that connects financial institutions with merchants. As a mentor to Seedstars and co-founder of the Swiss Community Mexico, he actively supports the startup ecosystem.

What 2021 Holds for Fintech's and Challenger Banks in Mexico

In 2021 we will harvest the seeds of the accelerated adoption and development in technology that 2020 forced upon us. The fintech industry took a leap forward with the user base growing significantly. This will lead to more demands for additional features and pressure for profitability from the market. We expect to see two trends as the Covid pandemic flattens out in Mexico and ends in the developed world. First, we will see people returning to offices, restaurants, bars, clubs, parties, while traveling and socializing with others. At the same time, the behavior instilled during the pandemic will also lead…

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