CABEI organizes first finance and technology meeting in Nicaragua

Managua, November 9th, 2022.- Promoting financial inclusion and digital transformation in new businesses in Nicaragua was the objective of the first Fintech meeting, organized by the Central American Bank for Economic Integration (CABEI), together with Mastercard and the technology incubator NUMU.

The activity, developed in an environment of innovation and entrepreneurship under a dynamic and interactive format that allowed opening spaces for visibility and knowledge of Fintechs, as well as generating interaction among the participants of the ecosystem, was aimed at Nicaraguan and foreign companies of this nature, business associations and chambers, development centers, banks and financial and governmental entities, digital allies, specialists in regulation.

"It is part of our commitment to the development of the region to work hand in hand and promote new businesses with opportunities for their development, and what better opportunity than creating community and appropriating new technologies, something that allows them to improve their skills and open up a field in the national and international market," said CABEI Executive President, Dr. Dante Mossi.

The talks and presentations at the event were related to regulation, investment and transformation, the trajectory, challenges and opportunities faced by Fintechs, and CABEI's regional projects such as the DINÁMICA Initiative, CAMBio II, the Dry Corridor and the Financial Sector Support Facility for Financing MSMEs, which seek to promote business and private sector development to generate jobs and income in order to contribute to economic development and poverty reduction in Central America and the Dominican Republic.

The meeting was attended by 150 participants, including domestic Fintechs such as Mestizo, Aldea Global, FID and CashPak, and foreign Fintechs such as Grupo Gente, Onvo Pay, Pagadito, Apptividad, AmigoPaq, among others.