Startupbootcamp FinTech in Latin America positions itself as genuine launchpad for regional FinTech startups

  • IT Innovations , Infrastructure
  • 15.11.2018 06:42 am

Startupbootcamp FinTech in Latin America - a joint venture between Startupbootcamp and Finnovista - celebrated the end of its second batch during Demo Day this week.

In front of key players from across the financial services industry, the nine FinTech startups showcased their innovation stories and evolution during the acceleration process, and also their roadmap for the following months. Seven of them announced their official launch, and almost all disclosed strategic alliances and pilot projects.

After 13 weeks of acceleration, the teams had been involved in more than 25 entrepreneur keynotes, 15 workshops and 340 mentoring sessions, as well as conversations with more than 270 experts, the local and global team, and one-to-one meetings with the corporate partners of the program: Visa, Fiinlab powered by Gentera, BanRegio, HSBC México, EY México, IGNIA, Latinia and White & Case.

Since the selection of the cohort in July 2018, the second generation of Startupbootcamp FinTech Mexico City have proven to be part of a new era for FinTech in Latin America, in which startups are being consolidated as the constructors of the transformation of the financial industry, and making the sector more gender inclusive.

The cohort was made up by DevBlocks (Mexico), Hurra Credit (Mexico), La Plataforma (Chile), Luz Verde (Ecuador), Prometeo (Uruguay), Sin Conta (Mexico), SEIF (Mexico), TasaTop (Peru) and Tu Identidad (Mexico).

Compared to the first year of the program, this cohort had a greater number of female founders and teams, as well as  some solutions in blockchain, financial management and identity authentication.

Eduardo Morelos, Program Director of Startupbootcamp FinTech Mexico City said: “We have successfully closed the second chapter of this program in Latin America: nine startups accompanied us on our mission. They shared their innovations, and growth plans, but above of all, their vision and commitment to the transformation for financial industry in the region through technology and the collaboration with key players and corporates.”

At the event, 250 attendees accompanied the local team and the startups to close the program. Meanwhile, Roger Park, EY Americas Advisory and Financial Services Innovation Leader, remarkable speaker and founder of eMotion Interactive, invited all to innovate everyday in his keynote: The secret to connect with the new market.

At the end, Morelos invited regional FinTech startups to join the Startupbootcamp global community for the next cohort, which will be announced in Q1 2019.

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