Fintech in Puerto Rico

Fintech, also referred to as financial technology, is used to describe an industry made up of innovative companies (from startups to experienced organizations) that utilize the latest technological advances and resources to offer solutions in the marketplace that move beyond what traditional financial establishments are able to offer. To learn more about the opportunities available in Puerto Rico, please read on.

Get the Facts

Investment in Fintech has increased from $930 million in 2008 to over $12 billion by 2015. Innovative companies and startups have the ability to solve problems that traditional financial institutions struggle with, due to their innovation and responsive nature.

2008

$930 Million

2015

$12 Billion

More than $50 billion USD has been globally invested in Fintech firms since 2016.

= 1 Billion

Investment in these types of companies grew over 200% globally in 2014, compared to 63% growth in overall venture capital (VC) investments.

VS

Businesses see financial technology playing a role in the following ways:

Meet changing customer needs with new offerings

Leverage existing data and analytics

Enhance interactions and build trusted relationships

Enhance business with sophisticated operational capabilities

The popularity of the search term "fintech" continues to soar, according to Google Trends.

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Learn More

Interested in learning more? We have compiled a list of resources and informative articles that will help you
better understand the latest in financial technology.


Partnerships

Partnering with a reputable name in this emerging industry will enable you to increase your revenue and enhance your operations while providing a valuable service. Through these strategic partnerships, firms aim to improve business practices and serve customers better. Learn more.

Millennials

There are approximately 80 million Millennials and approximately 83% have stated they have used a fintech firm for basic payment services. With a preference for high-tech solutions, Generation Y has specific needs that present unique opportunities for up-and coming-firms. Read more.

Investing

There are few more exciting investment opportunities than financial technology. It is shaking up the entire industry and it is the way of the future, according to reputable analysts. Enthusiasm has never been greater, so take a minute and learn more about investment in fintech. Read more.

Innovation

If innovation doesn't add value, it's worthless. Financial optimizing technology helps consumers in a number of ways and we take a closer look at the best practices in this article. Discover how this emerging industry within an industry makes life easier for consumers in an ever-changing economy. Learn more.

Sources

The Complete Beginner's Guide To FinTech In 2017

Skan, J., Dickerson, J., & Gagliardi, L. (2016). Fintech and the evolving landscape: landing points for the industry.

The Future of Fintech and Banking

How FinTech is shaping Financial Services

PwC Global FinTech Survey 2016