Tearsheet announces the launch of 4dFI Capital Partners, uniting builders and investors focused on fintech startups. Latin America witnesses a shift from cash to digital payments, unlocking a $448.4 billion opportunity. Almost 12 million small retailers are involved in this transformation, with 43% of B2C sales still cash-based. Walter Pimenta from Mastercard emphasizes the challenges of cybersecurity for SMEs, with research showing 46% have faced cyber threats, causing significant financial distress. The varied digital landscape in the region necessitates tailored approaches to each country's unique needs.
A $448.4 billion digital payment opportunity exists across Latin America, with 43% of B2C transactions still in cash as transformation unfolds.
Cybersecurity is a growing challenge for SMEs in Latin America, with nearly 46% experiencing attacks, leading to financial ruin for many.
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