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LATIN AMERICA ADVISOR

Financial Services Advisor

A biweekly publication of the dialogue

May 20, 2026

What’s the State of Competition Among Neobanks?

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Q

  • Neobanks, or digital-first financial technology companies that provide banking services, are growing and increasing their investments in operations in Latin America and the Caribbean. Among the recent developments, Nubank announced last month that it will invest $8.2 billion this year in its home market of Brazil; Argentina-based Ualá in March said it has raised $195 million to expand its operations, which include banking and insurance offerings; and Britain-based Revolut said May 5 that it is providing its Mexico unit with a capital injection of $64 million. What is the state of competition in the region among neobanks, including both local companies and global entrants? To what extent are neobanks’ investments in Latin America paying off? Are neobanks more aggressively targeting customers of traditional banks or people who currently lack any financial accounts?

A

Featured Expert Commentary:

Bernardo Batiz-LazoProfessor of fintech history at Northumbria University in the United Kingdom and research professor at Anahuac University in Mexico
Ernesto HaikewitschExecutive director at Mazaltech Consulting and director at PAGOS Association in Brazil
Fabrice SerfatiManaging director at Ignia Partners in Mexico City
Maria Fernandez VidalData lead at CGAP of the World Bank Group

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Covering Latin America’s banking and insurance sectors, remittances trends and data, micro lending issues, new technologies in the industry, anti-money laundering regulations, and much more, the Inter-American Dialogue’s biweekly Financial Services Advisor, a sister publication of the Latin America Advisor, gives readers fresh insight and diverse viewpoints from financial sector leaders. 

The Financial Services Advisor has two sister publications, the Latin American Advisor and the Energy Advisor. 

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The Advisor serves a range of audiences spanning Fortune 500 companies to individual readers. If you are an academic institution, nonprofit organization, or individual reader please reach out to Development and Partnerships Manager, David Mauer, for discounted subscription pricing.

Industry subscribers – the following annual pricing covers up to five readers in subscribing organization, please reach out to David Mauer for information on subscriptions including additional readers.

$3,500
The Latin America Advisor
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Archive access
$500
Each additional newsletter – the Energy Advisor and the Financial Services Advisor

Members of the Dialogue’s Corporate Program receive unlimited access to the Advisor publications and archive access. To learn more about the benefits of the Corporate Program, please reach out to David Mauer.

Advisor Subscription Rates
Program one-pager

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