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Peru’s fintech industry has been growing consistently these past years, surging to 171 fintech companies operating locally, as of September 2021. The figure represents a 16% from 2020, and an annual average growth rate of 20% over the last seven years, according to a new report by EY Law.
Peru’s fintech industry has been growing consistently these past years, surging to 171 fintech companies operating locally, as of September 2021. The figure represents a 16% from 2020, and an annual average growth rate of 20% over the last seven years, according to a new report by EY Law.
Photo: ANDINA/Diffusion 12:57 | Lima, May. 20. The Ministry of Economy and Finance (MEF), in coordination with nine State-run agencies, developed the Multisectoral Strategic Plan (PEM) of the National Policy for Financial Inclusion (PNIF), to promote access of the entire population to financial services through 30 measures. The PEM relies on a strong digital component. Thus, it is expected to boost the use of digital payment means in a secure manner for the population, develop telecommunications infrastructure (the basis on which financial services are offered), and progressively eliminate t...