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FinTechs shake up Costa Rica's financial sector

Monday, July 30, 2018

Companies that specialize in financial technology -- better known as FinTechs -- have launched a revolution in Costa Rica's financial sector with new products and strategies that make life much easier with digital products and services.

When banks and other institutions fail to develop digital financial tools because of the red tape involved, the FinTechs step in as their main allies.

The trend toward FinTech solutions is relatively new but now seven well established companies are providing services that complement platforms of the banks.