Private Equity Investment in Latin America’s Fintech Sector
Download a PDF of this articleIt’s no surprise that COVID-19 has shrouded Latin America’s investment outlook in uncertainty: the region’s private capital transactions totaled $3.6bn across 228 deals during 1H20, a decline of more than 50% compared to 1H19. Private equity was the hardest hit asset class, with only $850m worth of deals. Yet despite headwinds caused by the global pandemic, the region’s PE exits accelerated to $5.1bn during 1H20 — the best first-half total since 2011 — as investors bet big on fintech.