Mexico's fintechs are well placed to drive financial inclusion
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Mexico ranks fourth in our Fintech Financial Inclusion Scorecard and is the largest fintech hub in LatAm
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Supportive factors include a young and unbanked population, good internet/mobile phone penetration and high cash usage
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We highlight 3 fintechs driving financial inclusion: Clip, Konfio and Bitso
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This report is independent investment research as contemplated by COBS 12.2 of the FCA Handbook and is a research recommendation under COBS 12.4 of the FCA Handbook. Where it is not technically a research recommendation because the subject of the research is not listed on any European exchange, it has nevertheless been treated as a research recommendation to ensure consistent treatment of all Tellimer's research. This report has been produced by the analyst(s) named above (the "Analyst").
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