Network Intelligence Studies (Dec 2018)
AN OVERVIEW OF FINTECH IN THE MEXICAN ENTREPRENEURIAL ECOSYSTEM
Abstract
The evolution of digital technology and its applications in almost every field has led to the rise of numerous startups which, through technological platforms, offer a wide range of services and products. In the financial sector, this phenomenon has led to the creation of Fintech companies (Financial Technologies). Fintech is presented as game-changing and as an innovation capable of shaking up the traditional financial markets. The present study analyzes and discusses the importance of the Financial Technologies for the entrepreneurial ecosystem in Mexico. In addition, it provides an overview of the FinTech sector, its main trends, risks and the terms of the new regulation by comparing Mexico with Latin America. Finally, it discusses the key points of the Financial Technology Law in Mexico.