‘We have to solve the problem’: How three fintechs are boosting financial inclusion in Latin America
When Mario Hernández first arrived in Mexico in 2010, he met his wife’s family, exchanged some happy hugs and immediately entered the world of the unbanked. His Mexican in-laws, Hernández learned, were struggling to obtain a formal loan from any bank, placing them firmly in that nation’s all-cash majority. Financially, the family is faring better.