The Startupbootcamp FinTech accelerator has announced the nine FinTech startups chosen to be part of its first programme in Latin America, based in Mexico City.

The first cohort of the programme, which is being run in partnership with Finnovista, was selected after a final evaluation over a three-day selection process. The top 17 FinTech startups from the region, chosen from 275 applications, battled it out before being whittled down to the winning nine.

The chosen startups predominantly focus on payments, personal and enterprise financial management solutions. The selected teams are from all across Latin America, including Mexico, Colombia, Chile and Ecuador.

Nektarios Liolios, CEO and co-founder of Startupbootcamp FinTech, said: “Before launching a program in Latin America, we realised that there is a prevailing need for each region to have its own FinTech centre, which is why we are now in Mexico: the heart of the ecosystem in Latin America.

Liolios adds: “In our selection, we are seeing a response to this need in the products the startups are offering, focusing on payments and enterprise and personal finance management: segments in which we find the most innovation in the region.”

The nine winners are:

• Dapp (Mexico): payment wallet that tackles the strong problem that exists with card information theft and unrecognized charges. It permits its users to pay other users, pay inside stores or pay in websites, only by scanning technology codes and authorizing payments with their fingerprint.

• Dinerio (Mexico): The first automated and free personal finance platform in Mexico, capable of linking users' bank accounts to download and categorize their transactions automatically.

• Übank (Chile): Mobile app that helps people save automatically for their financial projects and goals, using saving rules that transform everyday habits and actions into saving opportunities.

• Mensajea (Ecuador): Set of technologic tools to automate customer service, sales and marketing.

• DILE (Colombia): startup that increases customer acquisition in financial and insurance companies using artificial intelligence and predictive analytics.
• Flink (Mexico): online investment advisors.

• Tesseract (Mexico): company specializing in computer security solutions, providing accessibility to cloud services at low cost.

• PayIt (Mexico): an easy way to pay and receive payments from people you know.

• Friendly Transfer (Ecuador) as they named themselves, the "Uber" for international money transfers.

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