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Currency fintech will change more than a trillion dollars this 2024

Currency fintech will change more than a trillion dollars this 2024

The fintech sector, despite the financial inclusion gaps, is expected to continue growing this year.

Omar Azañedo, CEO of Noncash, specifies that the exchange market “is quite large”, and for more than three decades there have been a large number of exchangers in various streets of the country, “which are going to be digitalized sooner or later.”

This increase can be seen in the volume of billing based on bank currency exchange transactions.

NonCash, in 2021, reached 120 million currency exchange transactions and for the current, expects to exceed US$1 billion.

“This increase in billing in our digital exchange house is due to the consolidation of a robust networking, which allows us to establish an important network of fintechs, where the types of transactions will begin to diversify, some of them are still carried out in person” , I note.

Source: Larepublica

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