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Argentina has the third-largest fintech sector in Latin America

The fintech sector in Argentina has developed strongly and reached third place in Latin America. Since 2018, the number of fintech companies has doubled, and now there are 270 companies in the country. Recently, the Chamber of Fintech created the academic linkage area to work together with different universities, research centers and educational entities, carrying out executive programs, meetings and talks.

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The fintech industry – composed of companies that offer financial services through technology – is one of the most dynamic sectors in the world. Argentina is no exception. In fact, it is the third-largest fintech economy in Latin America. From November 2018 to date, the number of fintech companies in Argentina has doubled, reaching 270.

The Argentine Chamber of Fintech was created to lead and expand this transformation process with the aim of achieving financial inclusion for the less favored sectors of society. During this journey, the role it played at the educational level was also central, promoting, and collaborating in many of the training initiatives on this topic.

Read more about the development of the fintech sector in Argentina and find the latest business news in the world with the Born2Invest mobile app.

An academic linkage area was created by the Argentine Chamber of Fintech  

Recently, the Chamber created the academic linkage area to work together with different universities, research centers and educational entities, carrying out executive programs, meetings and talks. These activities are aimed at entrepreneurs, students, scientists or anyone interested in starting or specializing in the fintech world.

“The academic linkage area has the support and participation of more than 18 companies predisposed to generate all kinds of activities that help the growth of this industry from its foundations. These links and projects were created from the great interest we perceived in the public, who want to know more and get involved in the fintech industry,” explained Matías Friedberg, Co-Founder of Ixpandit Fintech Factory and in charge of the link between the Chamber and the academy.

In this sense, and in conjunction with the University of San Andrés (UdeSA), the second edition of the Fintech Executive Program was held and another program on Cybersecurity and Insurtech will soon take place. On the other hand, at the Buenos Aires Institute of Technology (ITBA), a Python program for Financial Entities has just been completed and a Fintech Diploma is currently underway, with the aim of analyzing the different technologies that are revolutionizing the fintech market.

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“It is very valuable to be able to generate training spaces together with prestigious universities. It gives us the opportunity to combine the academic excellence of the professors with the practical and executive perspective of the Fintech industry protagonists”, says Mariano Francisco Biocca, general coordinator of the Argentine Chamber of Fintech.

On the 17th of this month begins a cycle of initiation to digital finance organized by the Argentine University of Enterprise (UADE) in collaboration with the Chamber, aimed at students, young professionals, and entrepreneurs. They are also working on a project with the Universidad Siglo 21 for next year, which aims to federalize the initiative.

Another important initiative carried out jointly by the academic linkage area of the Argentine Chamber of Fintech, Conicet, and the City Government is the Scientific Demo Day, which this year will have its second edition.

“In October, we will be coordinating the second Demo Scientific Day which is designed so that Conicet scientists from different cities can exhibit their research and projects to the various Fintech companies. In this way, we seek to generate synergies between the main academic entities and the fintech ecosystem, providing quality innovation to strengthen the system,” said Matías Friedberg.

The meetings, conferences and trainings coordinated from the academic linkage area of the Argentine Chamber of Fintech, are spaces to promote different initiatives that aim to promote financial-technological based businesses and to boost the economic development of the country.

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(Featured image by Mampu via Pixabay)

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First published in TyN MAGAZINE, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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Suzanne Mitchell juggles the busy life of a full-time mom and entrepreneur while also being a writer-at-large for several business publications. Her work mostly covers the financial sector, including traditional and alternative investing. She shares reports and analyses on the real estate, fintech and cryptocurrency markets. She also likes to write about the health and biotech industry, in particular its intersection with clean water and cannabis. It is one of her goals to always share things of interest to women who want to make their mark in the world.