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Colombia Fintech propose reforming the usury rate, currently at 26%, to address its negative effects on credit access. Suggested changes include market-specific interest caps and separating...
Latin America’s fintech sector grew 340% from 2017 to 2023, driven by financial inclusion efforts. Brazil leads with 24% of startups, followed by Mexico, Colombia, Argentina,...
Colombia’s Innovarometer survey shows fintech companies are outpacing traditional banks in innovation, with both prioritizing digital transformation. Key opportunities include open finance, electronic payments, and financial...
Colombia's entrepreneurial ecosystem has surged, boasting 1,720 startups, up 30% according to the Colombia Tech Report 2023 by KPMG. Bogotá and Antioquia lead this growth, with...
Most of the fintech companies in Colombia, 35.6% of the total, are dedicated to granting digital loans. There are also fintech companies engaged in other activities...
Fintech companies are revolutionizing the financial landscape in Colombia. These data are added to those provided by Finovista and Visa this year in which they found...
In 2022 a survey was conducted in Colombia to determine who asked for credit to a fintech company and more than 70% were rejected from traditional...
Finnovista found that based on the experiences of the first four months of 2023, the bulk of fintech customers are concentrated in under-banked people (17.8% of...
During the event, it was highlighted that Madrid continues to be one of the most attractive cities for the fintech industry. Its quality of life, infrastructure...
Considering the inflation, many people in Colombia resort to applying for credit. And in that sense, different Colombian fintech companies, such as Juancho Te Presta, have...