In Bolivia, the Central Bank oversees the payment system.[1] While the Financial System Supervising Authority (ASFI, per its acronym in Spanish) regulates and supervises the financial system.[2] All financial intermediation activities and the provision of financial services are deemed to…

In 2020, the Bank for International Settlements published a research paper that found that in 2019, more than half of Latin Americans had no access to any type of financial service.[1]   That same year, Argentina, Brazil, Chile, Colombia, and…

The Bolivian fintech “ecosystem” Author: Mirko Olmos Introduction to fintech During the first half of 2021, the global investment in fintech grew to USD. 98 billion., including deals in M&A, Venture Capital, and Private Equity. This meant that this industry…