"The Role of Women in the Growth of the Fintech Sector in Latin America"

I want to share some reflections on the fintech sector, known for its innovation and rapid growth. This field presents both challenges and opportunities for us, women. Despite the progress, we continue to face various barriers in this industry.

For example, only 10% of executive positions in the financial services industry are held by women. However, in fintech companies, female leadership is already established.

In Latin America, there are five times more companies founded by women than the global average. Moreover, the fintech industry in Latam is booming, and we have been an integral part of these companies' success.

In 2019, fintechs received 31% of the region's venture capital. More than 35% of new Latin American fintech companies have female founders. In Mexico, 28.9% of fintech executive positions are held by women, according to the VIII edition of the Finnovista Fintech Radar Mexico. This data reflects a similar trend throughout the Latin American region, where we are playing increasingly prominent roles in the fintech ecosystem. In Argentina, 32% of executive positions are held by women, while in Peru the percentage is 24.4%. In Chile, 31.2% of startup talent is female.

Female leadership remains an area of opportunity for traditional banking. The National Banking and Securities Commission (CNBV) indicates that 54% of the workforce in commercial and development banking are women. However, in terms of senior management, only 28% are women compared to 72% men.

As a woman committed to advancing other women in fintech, I believe that although the barriers are challenging, the opportunities to overcome them are significant. By promoting education, inclusion, and visibility, we can create a more equitable and dynamic environment. With effort and collaboration, we can transform the fintech sector into an inclusive space where we can all thrive.