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Latin America Becomes the Fintech Epicenter at Fintech South Hub in Uruguay

Fintech South Hub seeks to promote and highlight the local fintech ecosystem, in addition to showcasing the advantages that Uruguay offers to attract important players in this growing industry. In addition to expert presentations, the event will include networking sessions aimed at creating business opportunities and strengthening professional networks.

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Latin America is preparing to welcome the main players in the fintech industry at the first Fintech South Hub meeting, scheduled for Thursday, September 14th at the Antel Arena in Uruguay, according to a press release.

The event, co-organized by the Uruguayan Fintech Chamber and the da Vinci Foundation, will bring together leaders and entrepreneurs who are shaping the landscape of financial solutions in Latin America.

The rise of financial technologies has positioned Latin America as an epicenter of innovation in the sector. According to the latest edition of the Global Fintech Index, Uruguay climbed 46 places to rank 17th worldwide in fostering the development of financial technologies.

The region has become the epicenter of venture capital transactions and leads the industry, far surpassing other sectors, such as e-commerce, according to 2022 data from the Latin American Venture Capital Association (LAVCA).

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Fintech South Hub is presented as an opportunity to learn about the current state and prospects of the fintech industry in the region, as well as its legal and regulatory framework

The event will feature more than 40 speakers from various countries, including Argentina, Chile, Peru, the United States and Mexico. Prominent leaders of fintech companies such as Pablo Carretino, CEO of Interbanking (Argentina); Sebastián Serrano, CEO and co-founder of Ripio (Argentina); Martín Mexía, Head of Product at Rappi (Mexico); Rafael Gago, Head of Industry Development at Fintechile; and Mauricio Zuluaga from Citi (USA) will share their experiences and perspectives on trends in areas such as payment platforms, cryptocurrencies, open banking and edtech, among others.

In addition to expert presentations, the Fintech South Hub event will include networking sessions aimed at creating business opportunities and strengthening professional networks. Topics such as startup financing, selling companies to unicorns, virtual assets, and crypto regulation will be addressed in presentations and panels with experts.

Diego Labat, President of the Central Bank of Uruguay (BCU), pointed out the importance of interoperability and collaboration in the fintech sector to develop its full potential and contribute to the financial business.

Fintech South Hub
Fintech South Hub seeks to promote and highlight the local fintech ecosystem (Source)

Fintech South Hub to promote the local ecosystem

Rodrigo Tumaián, President of the Uruguayan Fintech Chamber, highlighted the favorable conditions in Uruguay for the development of financial technologies, including a solid infrastructure, legal stability, and highly educated human capital.

In this context, Fintech South Hub seeks to promote and highlight the local fintech ecosystem, in addition to showcasing the advantages that Uruguay offers to attract important players in this growing industry.

The event, declared of Departmental Interest by the Municipality of Montevideo, will be held at the Antel Arena on September 14th. Those interested in attending can purchase their tickets through AccesoFácil. In addition, the Main Stage talks will be broadcast live on the da Vinci Foundation’s YouTube channel.

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(Featured image by cristinacortez via Pixabay)

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

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Valerie Harrison is a mom of two who likes reporting about the world of finance. She learned about the value of investing at a young age upon taking over her family's textile business when she was just a teenager. Valerie's passion for writing can be traced back to working with an editorial team at her corporate job, where she spent significant time working on market analysis and stock market predictions. Her portfolio includes real estate funds, government bonds, and equities in emerging markets such as cannabis, artificial intelligence, and cryptocurrencies.