FinTechs in Latin America raised US$2.66 B in 2019

Finnovating published the first report on investment in FinTech and InsurTech in Latin America, where the ecosystem raised a total of US$2.66 B during 2019. FinTechs in Latin America raised US$2.66 B in 2019 Latin American FinTech raised a total of US$2.66 B (US$1.92 B in equity and US$0.74 B in debt) in 94 deals in 2019. Of the 94 rounds, 14 were undisclosed. FinTech’s investment in LA is highly concentrated, Brazil with $1.343M (69’9%) and Mexico with $396M (20’6%) accounting for over 90% by 2019. Behind them, Argentina raised…

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