{"id":5161,"date":"2017-06-28T07:51:48","date_gmt":"2017-06-28T07:51:48","guid":{"rendered":"https:\/\/insights.invyo.io\/latam\/?p=5161"},"modified":"2018-02-12T15:50:58","modified_gmt":"2018-02-12T15:50:58","slug":"overview-of-the-argentinian-fintech-landscape","status":"publish","type":"post","link":"https:\/\/insights.invyo.io\/latam\/fintech-corner\/overview-of-the-argentinian-fintech-landscape\/","title":{"rendered":"Overview of the Argentinian Fintech Landscape"},"content":{"rendered":"

With 4 out of the 9 technological unicorns in LATAM, Argentina wants to make a catch up on the Fintech industry.<\/strong><\/p>\n

While only one of two<\/strong> Argentines have access to a bank account, cellphones are abundant with one cell phone and a half per person. The Central Bank of Argentina see this as a huge opportunity and aims for Financial Inclusion as the key to lowering both tax evasion and taxes.<\/p>\n

Argentina stands in fourth place for LATAM Fintech<\/strong> projects, falling with 10,2% under Brazil, Mexico and Colombia. The southern Latin America country have an ecosystem made up of 72 companies<\/strong> covering diverse key services.<\/p>\n

The leading Fintech industry categories are Payments & Remittances (25%)<\/strong>, Enterprise Financial Management (18%)<\/strong>, Bitcoin (8%)<\/strong> and Lending (8%)<\/strong>.<\/p>\n

\"\"<\/p>\n

Key Fintech Players<\/h2>\n

Mercado Libre<\/h3>\n

Mercado Libre<\/strong><\/a> (Nasdaq: MELI), the e-commerce platform which already has a transaction payment platform (Mercado Pago), recently launched Mercado Credito, a credit solution for both sellers and buyers that developed a scoring formula that determines different rates according to the profile (and then the history) of each borrower.<\/p>\n

Discover here: https:\/\/goo.gl\/RBv60O<\/strong><\/a><\/p>\n

Ripio<\/h3>\n

Ripio<\/strong><\/a> is a wallet to pay in installments, buy bitcoins and store money safely. Founded in 2014, Ripio plans to expand its services to Brazil and Mexico.<\/p>\n

Discover here: https:\/\/goo.gl\/2wXwgc<\/strong><\/a><\/p>\n

Afluenta<\/h3>\n

Afluenta<\/strong><\/a> is a P2P lending service operating in Argentina. It has been reporting growth since its launch in September 2012. Afluenta offers loan terms of 1, 2 or 3 years and operates in Argentina, Mexico, Peru and is ready to launch in Colombia.<\/p>\n

Discover here: https:\/\/goo.gl\/2AQYXJ<\/strong><\/a><\/p>\n

Crowdium<\/h3>\n

Crowdium<\/strong><\/a> is the first platform for collective financing of real estate projects in Argentina.<\/p>\n

Discover here: https:\/\/goo.gl\/PgZBMX<\/strong><\/a><\/p>\n

Koibanx<\/h3>\n

Koibanx<\/strong><\/a> focuses on the development of Smart Contracts and Blockchain Services solutions. Koibanx has been a pioneer in the industry, developing solutions since 2013.<\/p>\n

Discover here: goo.gl\/ZP94Xe<\/strong><\/a><\/p>\n

Moni<\/h3>\n

Moni<\/strong><\/a> offers money in advance, long term credits and billing payment services through an efficient and innovative digital platform.<\/p>\n

Discover here: https:\/\/goo.gl\/eG8QVI<\/strong><\/a><\/p>\n

\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

With 4 out of the 9 technological unicorns in LATAM, Argentina wants to make a catch up on the Fintech industry. While only one of two Argentines have access to a bank account, cellphones are abundant with one cell phone and a half per person. The Central Bank of Argentina see this as a huge […]<\/p>\n","protected":false},"author":21,"featured_media":5164,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1797,19,3,6],"tags":[1492,108,205,214,1498,1499,370,1494,553,1495,807,822,880,1493,895,1496,1038,1043,1075,1158,1500,1491,1262,1497],"yoast_head":"\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\n\n\t\n\t\n\t\n