Evolving Financial Inclusion in Latin America

Tory Jackson, Galileo’s head of business development and strategy, Latin America, recently spoke with Wharton Fintech’s Guillermo Gonzalez on Galileo’s expansion into Latin America, and how financial inclusion continues to be a guiding force in Galileo’s expansion and innovation strategies.

Financial inclusion isn’t new to Galileo, Tory explained. It’s been a commitment of the company since its earliest days and now provides the compass for Galileo to build and grow throughout Latin America.

“Financial inclusion isn’t a fixed point on a line,” he noted. “It’s something that’s constantly moving and evolving with the industry.”

The panel, which includes Cecilia Parodi, head of technical account management at dLocal, and Iñigo Rumayor, president and co-founder of Arcus, highlights the potential for innovative fintech solutions that promote financial inclusion in the U.S. to have an even greater impact in Latin America, where approximately 70 percent of the population is unbanked or underbanked. It also emphasizes the need for collaboration among value chain providers to support Latin America’s burgeoning digital transformation and enabling regulatory environment.

Tune into the full conversation below.