Colombia

Expalux 3rd Quarterly Research

The New Year approaches and Expalux would like to present a gift to everyone, who is interested in international Fintech publishing our 3rd Quarterly Research! We hope everyone will be enjoying reading about Brazil, Peru, Chile, Argentina, Colombia, El Salvador, Mexico, Tanzania, Ethiopia, South Africa, Ghana, Kenya, Nigeria. EXPALUX 3th QUARTERLY RESEARCH

Fintech in Colombia

Fintech ecosystem Colombia’s Fintech ecosystem has been growing in recent years, ranking in the 45th position of the countries with the greatest advance in the sector (Findexable, 2021) Likewise, in Latin America it is in fourth place only behind Brazil, Uruguay and Mexico. As of 2020, Colombia has a total of  322 Fintech  and among

Fintech in Colombia

The Colombian economy is characterized by being prudent, as after slowing down to 1.4 percent in 2017, economic growth accelerated to 3.3 percent in 2019, driven by robust private consumption and stronger investment. However, due to the covid-19 pandemic, the economy was hard hit, causing a very deep recession, with an estimated contraction of 6.8%