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Tuesday, Oct 27, 2020

Latin America Fintech Boom Continues While Asia Remains in Slump

Latin America Fintech Boom Continues While Asia Remains in Slump

The latest global fintech report from data firm CB Insights found that fintech funding in LatAm hit a six-quarter high of $481 million across 23 deals for the second quarter of 2019, surpassing both China and India for the first time.

Latin America continues to be an emerging hotbed of financial technology growth, while on the opposite end of the spectrum Asia’s fintech industry remains caught in a downward spiral, according to a new global report from CB Insights.

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