Power Panel: Latin America: Challenges & Opportunities Of This Huge Market. What Lessons Can We Learn From Their Fintech Explosion?

Power Panel: Latin America: Challenges & Opportunities Of This Huge Market. What Lessons Can We Learn From Their Fintech Explosion?

23 May 2024|Finovate
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 Juan Pablo Cuevas Juan Pablo CuevasGlobal Banking Advisory at Simetrik

Juan Pablo is passionate about business and has more than 30 years of experience holding different regional and global leadership roles in multinational companies in the banking and Fintech sectors. Juan Pablo is the Global Head Banking Industry Value Advisory and is responsible for the growth of Simetrik's business in banking worldwide. In this role, he is responsible for the development and execution of the strategy to accelerate business in the Industry and be able to deliver and explain to banks the solutions that Simetrik offers to solve the problems of managing Big Data. Before joining Simetrik he was at Visa, serving as VP of Commercial Solutions for Visa LAC developing the B2B business throughout the region in multiple segments. Previously, he worked for several years at Bank of America Merrill Lynch, where he served as Managing Director for LAC Transactional Banking among other executive roles at the bank.

Justin SmithJustin SmithCo-Founder & Managing Partner at Recharge Thematic Ventures

Justin is a venture capital investor in early-stage consumer technology companies. Justin is the co-founder and Managing Partner of Recharge Thematic Ventures, a seed-stage venture capital fund investing on a global scale in emerging consumer trends around financial services, healthcare, and web3. Previously, Justin founded Chaos Ventures and has held investment roles at Tusk Ventures, Argo Ventures, and Providence Equity Partners. Justin began his career in leveraged finance investment banking at Jefferies and financial services at Ernst & Young. He is a licensed CPA

Kyle HeppKyle HeppCEO at BoxMagic

Kyle Hepp is a serial entrepreneur with a background in Sports Management. While successfully opening and running a CrossFit gym in Santiago, Chile, she realized there was a gaping hole in the market for gym management softwares that gave gym owners access to credit/debit card payments from their members in Latin America. Kyle was aware that US/European softwares didn't fully understand the way the market in Chile and elsewhere worked, so she decided to create a product that catered specifically to the needs of these gyms. Today that software, BoxMagic, serves 600+ clients in Chile, Mexico, Honduras, Ecuador, Brazil and beyond.

Paola FuertesPaola FuertesCEO & Co-Founder at Neivor

Paola Fuertes is the Head of Product at Neivor, a Latin American real estate startup that offers a fintech platform for construction companies, realtors, and property managers. With 15 years of experience, Paola has worked with leading banks in the region in Colombia, Chile, Peru, and Mexico, orchestrating payment processors to leverage business objectives. Neivor has combined the real estate industry and technology into a single platform. They process payment reception in partnership with companies like Mastercard for down payments, rent, and maintenance. Neivor was the first Latin American investment of the Softbank Early Stage Latin America Fund in Mexico, which is now known as Upload Ventures. Neivor has raised $5 million dollars and operates in over 100,000 properties in Latin Ameri

Ramon HerediaRamon HerediaDirector at Digital Bank Latam

Ramón Heredia Jerez serial entrepreneur, in Technology and Digital Transformation companies. Co-founder and executive director of the Digital Bank Group, an ecosystem that has achieved the development of digital solutions for important companies in the financial industry in Latin America. With impact operations in several countries in the region. Angel Investor and mentor of Latin American Startups. Author of the books “The Digital Revolution and The Future of Financial Services”; “Digital Ecosystems, the Revolution of all Industries” and “Empty Spaces, the Opportunities of your Life”. MBA from the University of Chile.

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Description

Latin America is an increasingly dynamic market with fintech shaking up financial sector and driving innovations in lending, payments, insurance, and compliance. The 3 major growth drivers: a massive unbanked population, a young demographic and a 20-30% ecommerce market growth rate Rising synthetic identity fraud is a growing concern in Latin America continues to be a significant trend in the realm of digital identity particularly in a region where a fifth of overall revenue is lost to fraud. Financial inclusion continues to be a critical goal in Latin America. Financial inclusion is closely linked to digital identity in the region where efforts are being made to use digital identity to bring more individuals and businesses into the financial ecosystem. For many, digital identity can represent a key to prosperity and inclusive growth

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