The Rise of Fintech in Latin America

Leonardo Gonzalez Dellan on Latin American Fintech

Entrepreneur Leonardo Gonzalez Dellan has highlighted the planned holding of the leading global fintech conference ‘Finnovating’ in Peru in 2019 as evidence of Latin America’s potential to become a global leader in developing fintech. He has commented that “the decision to host this conference in Peru, and to invite 66 Peruvian startups to participate is a clear sign both that Latin America is making its way onto the world financial stage, and that there is a strong, local and organic development of a Latin American fintech industry.” Fintech is the collective term given to computer programs and other technology used to support or enable banking and financial services, and it is one of the fastest growing areas both for investment and innovation. The arrival of ‘Finnovating’ in Latin America is seen as a key step in the integration of Latin American fintech into the global market and is a major achievement for the companies involved. Gonzalez Dellan has said “this is a clear signal to the rest of the world of the economic potential of Latin America, and the abilities of its home-grown companies. Latin America has become part of the global fintech market.”

Leonardo Gonzalez Dellan is an international trade expert and businessman