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Mapping of the 20 must-know Fintech Influencers in Argentina

By
Team LATAM
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6

Techfoliance is introducing you its list of the 20 must-know Fintech influencers in Argentina. Among them are popular entrepreneurs, Fintech experts and innovation leaders. 

Top Fintech influencers in Argentina

We based our analysis on a series of metrics reflecting the engagement of each professional on the list in the Argentinian Fintech ecosystem, such as:

  • Professional achievements (founding / being a member of a Fintech company, having a relevant current role in the sector, attracting considerable amount of investments to one’s companies)
  • Participation in the Fintech community (organizing, hosting, speaking at or being a panelist at key events; being part of accelerators or associations fostering the development of the industry; being a thought leader in the sector)
  • Social media activity (having a relevant number of followers, sharing interesting content across different social media platforms)

Please keep in mind that this is not an exhaustive list neither a ranking. It is the first update of a more established list. There are many more people currently contributing directly or indirectly to the Argentinian Fintech ecosystem. 

Last update: 20 September 2017

 PictureNameRoleSectorCity
1Alejandro EstradaCo-founder at iBillionaire & Moni and co-founder at ArFintechMobile BankingBuenos Aires
2Ariel ArrietaCo-founder and Managing Partner at NXTP LabsFintechBuenos Aires
3Alejandro CosentinoFounder & CEO at AfluentaP2P LendingBuenos Aires
4Martin BorchardtCEO & Founder at NubiBankingBuenos Aires
5Federico Gómez RomeroCEO & Co-Founder en CredilityLendingBuenos Aires
6Nicolás Andrés Galarza RicciCEO at QuienaRobo-advisorBuenos Aires
7Jorrit Koop Co-Founder at First CircleLendingBuenos Aires
8Sebastian serranoCo-founder & CEO at BitPagosBitcoinBuenos Aires
9Facundo GarretónFounder & CEO at InvertirOnline.comTradingBuenos Aires
10Gonzalo BloussonCo-Founder / CEO at SignaturaBlockchainBuenos Aires
11Clementina Giraldo Z.Principal Executive at the Development Bank of Latin AmericaFintechBuenos Aires
12Alan Mac CarthyFintech specialistDigital BankingBuenos Aires
13German GimenezCEO & Co-Founder Olpays.comPaymentsBuenos Aires
14Pablo SukmannCEO at EmprestifyLendingBuenos Aires
15Lucas JuriBusiness Consultant & Strategy AdvisorFintechBuenos Aires
16Diego Gutiérrez ZaldívarCo-founder & CEO at Koibanx and Rsk LabsBlockchainBuenos Aires
17Santiago Pinto EscalierCo-Founder at MotormaxInvestmentBuenos Aires
18Pablo RuizHead of Sales at SysWorld, Managing partner at DISR - Innovacion disruptive and Director at NXTP LabsBlockchainBuenos Aires
19Eduardo Del PinoCEO at Bitex.laBitcoinBuenos Aires
20María Gabriela Roberto BaróInnovation Team at Banco Comafi and Co-founder at KardytDigital BankingBuenos Aires

Mexico is including Fintech in NAFTA talks to promote Financial Inclusion

By
Team LATAM
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0
Guanajuato, Mexico at dusk from a nearby hill.

In recent discussions to renegotiate the North American Free Trade Agreement (NAFTA), Mexico said that politics must include fintech companies in regards to the increasing number of new entrants in the finance industry being launched in the region.

The NAFTA was signed back in 1994 by Canada, Mexico, and the United States, creating a trilateral trade bloc in North America. The agreement is now under pressure after President Donald Trump reiterated his will to tighten the rules in favor of US workers. The US administration said that their first goal will be to reduce significantly the trade deficit with Mexico:

“Since NAFTA was implemented in 1994, the U.S. bilateral goods trade balance with Mexico has gone from a $1.3 billion surplus to a $64 billion deficit in 2016”.

Mexican representatives such as Vanessa Rubio, Mexico’s finance ministry stated that discussions on FinTech came to the table, without knowing precisely “what will end out in the text of the agreement”.

Given the huge opportunities that Fintech are bringing to the unserved part of the population, it would be a stratetgic move for the three countries to compete with other high growth makets like Brazil or China.

The challenge for the three countries is to include new topics like e-commerce and other financial services that did not exist 23 years ago when NAFTA was first negotiated. Technologies like the Blockchain and Bitcoin are gaining momentum in the region and became strategic for these countries to position themselves in the new industry that is being created.

Top VC funds in Fintech in Brazil

By
Team LATAM
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0

Brazil is attracting more and more VCs who are betting on the rise of the sector in a market where 55 million people still don’t have access to a bank account.

Currently, Brazil has four major investment funds that have Fintech companies within their portfolios. Other countries like the US or Russia or investing in the country as well.

Brazilian VC funds

Redpoint eventures

Redpoint eventures is an early stage venture capital firm focused on the Internet. It is the first and only Silicon Valley presence on the ground in Brazil. The fund helps entrepreneurs by offering the benefits of both local and global VCs including insight, company building, financing and exit.

Portfolio: Nibo, minuto seguros, magnetis, creditas, minutrade, pismo and Psafe

SP VENTURES

SP Ventures is a pioneer in Venture Capital investments in Brazil. The company acquires equity in innovative early-stage companies with novel technologies and solid business models. Launched in 2014, Fundo de Inovação Paulista (FIP) is a R$ 105 Million Venture Capital Fund that counts with top tier Limited Partners: Desenvolve SP, FINEP, FAPESP, Sebrae-SP, CAF, and Jive Investments. Investment tickets vary from R$ 2 Million to R$ 6 Million per company, on average, but can reach R$ 15 Million including follow-ons.

Portfolio: Concil, Smartbill, Lupeon,

e.Bricks Ventures

e.bricks ventures is a Brazilian Venture Capital platform founded in 2013 by two entrepreneurial families, Sirotsky and Szajman, known by their leading economic groups, Grupo RBS and Grupo VR respectively, alongside a multidisciplinary team of partners. According to the fund, Brazil combines high-growth opportunities with huge inefficiencies, creating the perfect landscape for tech disruption. Our target investment ranges from R$1M to a total of R$25M in minority stakes.

Portfolio: GuiaBolso, Contabilizei, Erpflex

Valor Capital

In 2009, serial entrepreneur Ambassador Clifford M. Sobel completed his second tour of government service as the U.S. Ambassador of Brazil. While Ambassador, he saw first-hand the promise of the growth of Brazil, cultural proximity to the U.S., and the opportunity to build an investment bridge between the US and Brazil. Valor began as a quasi-multi-family office with two additional families and partners, Gabriel Jaramillo (former President of Santander in Brazil, and former Head of the UN Global Fund) and Wim Kooyker (Founder of Blenheim Capital) designed to diversify and invest their family assets into Brazil.

Portfolio: GuiaBolso, DLP (STONE)

US VC funds

The United-States is the largest country to invest in Brazil with leading Fintech VC funds which participated to big rounds as shown below:

QED investors

Portfolio: GuiaBolso, Nubank, Creditas, Pitzi

Ribbit Capital

Portfolio: Contaazul, Nubank, Comparaonline

Napkin Ventures

Portfolio: Contaazul, Creditas, magnetis

Quona Capital

Portfolio: Creditas, Dunasplus

Others:

Naspers Fintech, Sequoia Capital, Kaszek ventures, Omidyar network, Tiger GM, Founders Fund among others.

 

Why the Banking Industry Should Bet on LATAM

By
Team LATAM
-
0

In a recent report published by the consulting firm McKinsey “A new map for strategic growth in banking”, LATAM appears to be the place in the world where growth opportunities could be the highest for the banking industry.

To get to this conclusion, the report looked at the ratio of banking revenues as a share of GDP across global markets, to which was deducted banks’ costs of risk.

As shown on the map below, the global banking penetration rate is no longer the highest in developed markets and countries like Argentina, Brazil, Peru, Colombia or Venezuela are reaching records high in terms of banking penetration. As an example, penetration in Brazil is higher than the United Kingdom.

[divider]GLOBAL BANKING PENETRATION[/divider]

Among the 2.2 billion unbanked adults worldwide, LATAM is the third place in the world with the highest percentage of adults who do not use formal or semiformal financial services behind Sub-Saharan Africa and Middle East, with 65% of total adults being unserved.

[divider]UNBANKED ADULTS WORLDWIDE[/divider]

Sub-Saharan Africa also has huge potential for growth in banking but is facing bigger structural challenges, such as income inequality and political instability, that make it complicated for banks to have a short-term investment strategy. On the contrary, other emerging markets with high margins such as those in Latin America may be susceptible to abrupt turns in the credit cycle and attract foreign investors to better serve the financially excluded.

Among other challenges to the continued success of established business models, traditional banks are also facing increasing competition in those markets from new entrants, also know as fintech companies, with new and lower-cost models.

 

 

LATAM Fintech Mapping Week #1: AirTM, Acesso, Front and Wally

By
Team LATAM
-
0

Every week, Techfoliance highlights four promising Fintech start-ups in LATAM in various verticals: lending, payment, investment, etc. In this weekly FinTech mapping we have AirTM, Acesso, Front and Wally.

AirTM

https://www.youtube.com/watch?time_continue=8&v=-Gky_EYASxY

AirTM is a Mexico-based Fintech that allows people send, receive, or simply save money as dollars in the cloud. AirTM connects clients who want to make a deposit or withdrawal to or from the cloud with certified AirTM cashiers who make a commission completing those transactions. AirTM is built on top of Uphold, the new cloud-based money system that makes holding and moving money as free, instant, and easy as email.

Discover here: https://www.airtm.io/

Acesso

Acesso is a São Paulo-based Fintech that has developed a payment solution for the unbanked population. Six years after its official launch, Acesso is now a leading provider of prepaid debit cards in Brazil with more than 400,000 accounts. The company has been the first in Brazil to get a Mastercard license. It also offers its services to coporates to let them manage their employees’ expenses.

Discover here: https://www.acessocard.com.br/

Front

Front is a Buenos Aires based Fintech that has developed a powerful platform to let people invest their money from their mobile. The company determines the profile of its users to allocate their funds in assets that make sense for them. People can invest with only 100 pesos. It is the first robo-advisor in Argentina with these characteritics.

Discover here: http://front.com.ar/

Wally

Wally is a Lima-based Fintech that has developed a Point-Of-Sales (POS) technology to let merchants accept payment . Its solution is fully integrated with a powerful Online Control Panel that merchants in Peru can easily operate from an Android Tablet. The company has three monthly offers for its clients with specific features.

Discover here: https://wallypos.com/en/

 

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