The pandemic was an accelerator for startups valued at more than $1 billion. In two years, ten startups emerged in Mexico that have triggered economic, social and cultural growth.
The founders of four fintechs estimate that after a boom in previous years, the sector will go through a "natural selection" and those that do not provide good service could be for sale.
The fintech seeks to provide financing to SMEs with the new line of credit in credit to take advantage of the opportunity that Mexico has in terms of nearshoring or relocation.
The advantages that are supposed to be exclusive to fintech companies can also be exploited by traditional banks to the extent that banks continue to invest in digitization, Eduardo López believes.
Fintechs have offered the possibility of stronger financial inclusion, particularly in countries with low rates of banked population, says Sebastián Medrano.
In Mexico, the authorization of fintech operations has been given slowly and, therefore, the sector cannot have accelerated growth or reach its maximum potential, points out Nick Grassi.
Danni Büchner is invited to Sam Dylan's Halloween party. But the "Goodbye Germany" emigrant has no desire for many other party guests. And find clear words.
