Wednesday, February 19, 2020

LatAm in Focus: The Future of Fintech in Argentina

By Luisa Horwitz

Ualá founder Pierpaolo Barbieri of Argentina explains how fintech is changing financial systems in Latin America.

</p> <div class="wrapper" style="width: 100%;"> <table align="right" border="0" cellpadding="5" cellspacing="5" style="width: 30%;"> <tbody> <tr> <td> <p style="text-align: center;"><a href="https://twitter.com/pbarbieri"><em><b style="font-size: 20px;"><img alt="" data-entity-type="" data-entity-uuid="" src="/sites/default/files/archive/PierpaoloBarbieri.jpg" style="width: 100%; height: 100%;" /></b></em></a></p> </td> </tr> </tbody> </table> </div> <p>In a region where a large portion of the population is <a href="https://www.bbva.com/en/fintech-opportunity-bank-unbanked-latin-america/">underbanked</a>, fintech offers an <a href="https://www.imf.org/en/Publications/WP/Issues/2019/03/26/Fintech-in-Latin-America-and-the-Caribbean-Stocktaking-46677">innovative solution</a> for Latin America, paving the way for wider financial development, competition, and <a href="https://www.imf.org/en/Publications/WP/Issues/2019/03/26/Fintech-in-Latin-America-and-the-Caribbean-Stocktaking-46677">inclusion</a> in the region.</p> <p>In the case of Argentina, fintech startups are sprouting and spreading fast. <strong><a href="https://twitter.com/pbarbieri">Pierpaolo Barbieri</a></strong>, founder of the startup Ualá, talked with AS/COA Online’s Luisa Horwitz about what motivated him to make the financial system more accessible in Argentina, a country where more than half of people have never had access to a non-cash payment method. “What we try to do is democratize access to financial services,” says Barbieri, who in this episode also covers the generational divide when it comes to fintech, as well as what the sector looks like across Latin America.</p>

“We don’t want to change the system from within; what we want is a new system.”

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LatAm in Focus: The Future of Fintech in Argentina

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