Fintech in Latin America continues to draw big dollars as SoftBank invests $231 million in Creditas
As investors continue to move more aggressively into Latin America's startup scene, there's one industry that seems to be drawing more attention than any others -- financial services. As wealth across the region continues to rise, access to adequate financial services -- specifically debt -- has become a pain-point for an upwardly mobile middle class that wants to be more entrepreneurial and have more financial tools than straight cash at their disposal. Previous investors Vostok Emerging Finance, Santander InnoVentures and Amadeus Capital also participated in the round.