2022年拉丁美洲和加勒比地区金融科技报告

FINTECH INLATINAMERICAANDTHECARIBBEAN AConsolidatedEcosystem forRecovery FinnovistaIDBIDBIInvest Finnovista IDB IDBIInvest JELclassifications:O33,G2,G21,G32,G38,P43 Keywordis:fintech,bigtech,entrepreneurship,LatinAmerica,Caribbean,gender,financialregulation financialinclusion,digitalpayments,crowdfundling.digitalbanking,financemanagement,crecitscoring.regulatcrysandbox,inncvationhub. Copyright@2022Inter-AmericanDeveloomentBank.ThisworkislicensedunderaCreativeCommonsIGO3.O Attribution-NonConmercial-NoDerivatives(CC-IGOBY-NC-ND3OIGO)Icense(https://creativecommons.arg/ licenses/by-nc-nd/3.o/igo/legalcode)andmaybereproclucedvithattriouticntotheIDBandforanynoncormmercialourpose.Nocerivativeworkisalowed. A.nydisputerelatedtotheUseoftheworksoftheIDBthatcannotbesettledcrmicablyshallbsubrmitteclto arbitraticnpursuanttotheUNC/TRALrules.TheuseoftheIDB'snameforonypurposeotherthanforettribution. andtheuseoftheIDB'slogoshallbesubjecttoaseparatewrittenlicenseagreementbetweentheIDBandtheuserandisnotauthcrizedaspartofthisCC-IGOlicense. Notethattheinkprovidedaboveincludesadditionaltarmsandconditionsoftneliconse. TheopinionsexpressedinthispublicationarethoseoftheauthcrsanddonotnecessarilyreflecttheviewsoftheInter-ArmericanDuveloprmentBank.itsBoardofDirectors,orthecountriestheyrepresent. Inter-AmericanDevelopmentBank130ONewYorkAven.e,NWVWashingtcn,D.C.2O577 wwwjado.crg TheInstitutionsforDeveloomentSectorw=sresponsiblefortheprodluctionofthispublication Externalvendors ProducticnEcitor.SarahSchineller(A&SInformationPartners.LLC)Editcr:AmyScott(NomaaEnterprises.LLC) Design:AgenciaFelicidac 5Foreword,IDB Contents Foreword,Finnovista 8Summary 6RecognitionandAuthorsIntroduction 12Chapter1:OverviewoftheLatinAmericanandCaribbeanFintech Ecosystem 13•GeographicalDistributionancMainMarkets 20:MainSegrnents 39•MaturityInternationalzation,andChallenges 48•Cybarsecurity 51Chapter2:InvestmentintheLatinAmericanandCaribbeanFintechSector 55Financing 63•InvestrmrentOpportunities 64Chapter3:TheRiseofDigitalBankinginLatinAmericaandtheCaribbean 66•EvolutionandCharacteristics 70•MarketNiches 76Chapter4:FintechandFinancialInclusioninLatinAmericaandthe Caribbean 78.FinancialInclusionFintechStartups 88 79•GeographicalDistributionandFinoncialInclusicnFintechSolutionsChapter5:TheGrowingRoleofWomenintheFintechSectorintheRegion 90:VVornen'sParticicationintheFintechEcosystem 92•InvestinginWomien-LedFintechVentures 96•VVomenintneFintechVorkforce 98•VvornenasUsersofFintechServices 105Chapter6:TheCompetitiveEnvlronmentoftheFintechSectorInLatin AmericaandtheCaribbean 107:TheRelationshipbetweenFintechCompaniesandFinanciallnstitutionsandItsEvolution 109•MergersandAcquisitions 112•EigtechinFinancialServices 115Chapter7:Insurtech:InsuranceInnovationinLatinAmericaandthe Carlbbean I17•InsurenceInnovaticn 118•MarketNichesandTechnologiesUsed 127Chapter8:FirstAnalysisandThermometerofRegulationoftheFintech SectorintheRegion 130•RegulatoryEnvironmentforSelectedVerticals 142•PeroeptioncftheRegulatoryEnvirorment 156•FintechAssociationsinLatinAmericaandtheCaribbean:Developments 20182021 179Conclusions 180References 1B5Annex1:InvestmentHighlights2020-2021 191Annex2:CollaboratingFintechPlatforms 4 FintechinLatinAmericaandtheCaribbean-Foreword Foreword,IDB hofintechocosystemin Businesstechnolosysolutions instituticrisondthesgrowthand LatinAmericaandthe forfinancialinstitutions(15%)and in;ernationalizationofdisgitalbanks. Caribbeanhasgrown enterprisefinancialmanagemant Thesefactorsarebeginningtoblur 112%sincetheInter-American (11%)follow.Somechangesin theline:hetweennewplayersinthe DevelopmentBank(IDB) theparticipationofverticalsin inciustryandiincumhents. andFinnovistapublishedthe previousversionofthesector theecosystemareexplaine-cbygrowthinthesegmentsofcligital Consistentwiththesedynamics analysisin2018.TheLatin canks(57%),businesstechnology theregion'sfinancialauthorities AmericanandCaribbeanregion solutionsforfinanciclinstitutions hsvuruspondedwithresulatory wentfromhaving1,166fintech (49%),insurance(46%),anolencling innovations.Implementing platformsto2,482inJustover (45%).amongothers.Finally,nthe regulatorysandlooxes(inBarbaclos. threeyears.Thegeographic ceriodpetweenthepxublicatior Brazil,Colomha,Jamaica.Mexico concentrationofplatforms ofthepreviousreportandthis Peru,andTrinidadandTobago) changedlittlecomparedto cne,thorogicnfelttheeffectsof hasalowecthetestingand.in thepreviouspublicationand theCOVID-19pandemic,which somecases,icensingoffinancial continuestobeledbyBrazil increasedlthedisitalizationofrnany products.Indcition,innovation (31%ofthetotal),followedby cfsociety'sactivities.Thefinancial hubshgvsopeeduospaces Mexlco(21%),Colombla(11%), sectorwasnostrangertothistrend foroialogueinArgentina,the Argentina(11%),andChile(7%). and,inthiscontext,thenumberof Bahamas,Brazil,Colombia,Costa Althoughthesegmentwiththe fintechplatformsintheregiongrew Rica,theDominicanRepublic highestnumberofplatformscontinuestobepaymentsand by35%betveen2020and2021 ElSalvador,andGuatemala