We are pleased to present the third edition of “Fintech Regulation in Latin America”. This new edition shows a greater growth in the adoption processes of new financial technologies (Fintech) and the creation of more controlled spaces to test innovative financial initiatives in Latin America.

Indeed, given the restrictive measures ordered by the States to address the economic and health emergency caused by COVID-19, the need to advance in the regulation and flexibility of Fintech processes was brought to the fore.

This disruptive entry of the Fintech industry as part of the Fourth Industrial Revolution has had a direct impact on the way financial sector regulators view the market in the future. More and more Latin American countries have Fintech regulatory projects, as well as technical committees and controlled spaces for future technology-based financial services, in order to increase the efficiency of financial services, facilitate financial inclusion, promote development and competitiveness of the sector, among others.

This publication aims to present a general description and analysis of the legislation and regulation related to the Fintech industry in Latin America in order to learn about the progress and current outlook, as well as its general impact on the financial sector in Latin America. In this third edition, in addition to the nine Latin American countries that were part of the second edition (Brazil, Ecuador, Chile, Colombia, Peru, Mexico, Argentina, Costa Rica and Panama), we have the participation of Uruguay, Paraguay, Guatemala, El Salvador and Honduras. Authors from different jurisdictions answered different questions that are divided into nine categories, covering different Fintech segments.

Each chapter of this publication corresponds to a specific country and has been written by well-known financial sector lawyers and industry experts, to whom we are especially grateful for their participation and contributions.