A List of Cross-Segment Investors to Consider if You are Raising Funds in Latin America

Latin America is one of the hottest emerging regions that can offer a tremendous opportunity for startups across industries. As we have recently started discovering local FinTech ecosystems, it became clear that mobile has made a significant impact across industries and that FinTech companies looking to enter the market should think mobile-first.

There is another important hallmark of the market in Latin America that opens endless opportunities for newcomers. According to the Center of Financial Inclusion estimations, 70% of people in Latin America do not have a bank account. Hence, it is an especially hot market for mobile-focused challenger banks to make an impact on the lives of a vast majority of the population. Mobile can become a gateway to the large market of the underbanked. It’s become such a powerful tool that it has changed the behavioral patterns across industries and has a great potential to become a primary channel for all kinds of interaction.