In recent years, Latin America has joined the worldwide Fintech revolution, creating innovation and start-up ecosystems that permit the development of new technology start-ups offering highly innovative products and financial services. Many studies have reflected the fervor currently felt in the Fintech sector in the Latin America and the Caribbean (LAC) region in recent years. 
The first edition of the current report, conducted in 2017 by the IDB and Finnovista, identified 703 Fintech start-ups in 15 Latin American countries. A year later, 1,166 Fintech start-ups had been identified in 18 countries of the region.  
Author: Inter-American Development Bank (IDB);  IDB Invest; Finnovista