October 6, 2022

#114 – Building extraordinary fintechs from Latin America: Creditas and dLocal at Vamos Latam Summit

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You've probably heard from our friends at a16z that every company will become a fintech. Latin America is one of the most fertile grounds for the providers of new financial products and services. There are over a thousand fintechs in the region.

In this fierce competition, the ones that flourished were fintechs offering powerful solutions to huge pain points. By enabling cross-border payments, dLocal became the first unicorn from Uruguay and went public. And by attacking high-interest loans, Creditas became another Brazilian fintech unicorn.

Sergio Fogel and Sergio Furio, founders of dLocal and Creditas, reflected on the fintech revolution in the region during Vamos Latam Summit, our connections and knowledge flagship event. We'll share right now the chat the two Sergios had, moderated by Miguel Armaza, from Gilgamesh Ventures. They talked about:

  • How to provide new products and services to consumers that either don't know or know really well what they want, and how to be a wartime or a peacetime CEO in Latin America;
  • How to deal with challenges like international expansion, currency fluctuations, and going public;
  • And what makes fintech in Latin America unique in relation to the rest of the world.
Brian Requarth

Co-founder of Latitud

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