Contxto – Talk about overachievers. Uruguay has often been proven that big things can come in small packages. But, could it be that country’s fintech industry is the exception that proves the rule?
Perhaps unsurprisingly for a country with a market size just shy of 3.5 million people, Uruguay has a small selection of fintechs. As it stands, 13 stand out—one less than at the beginning of 2020, since we lost CryptoFacil a few months back.
- Related article: Cryptofacil reaches a tough decision: it’s closing down
But don’t let appearances fool you. The contenders on this list are no pushovers. In fact, after some successful scaling across the region, many are well on their way to global expansion.