The pandemic has certainly scaled up the demand for digital financial services worldwide, and Latin America is no exception. Historically, the region had always been challenged economically and politically, with poor infrastructure and low financial inclusion
But the situation changed in the last 10 years with the growth of mobile communications, which provided a fertile field for the area’s financial and technical development: according to 2020 World Bank data, 51 percent of the population have bank accounts, but only 35 percent actually use them. Wow, half of the population is still underbanked! Imagine the potential for fintech projects and digital assets in the region.