Rapyd has announced a partnership with Belvo, another symptom of the fintech boom in Latin America. Crowdfund Insider covered the news, and it cites Americas Market Intelligence data on fintech. Here is a brief excerpt:

According to a report by Americas Market Intelligence (AMI), the LATAM fintech sector has been “growing at an accelerated pace, with digital payments expected to reach $802 billion by 2025.”

As more consumers opt “for shopping on mobile devices and digital banking gains traction, businesses need to adapt and offer more diverse payment options.”

Rapyd’s comprehensive platform “allows businesses to accept and send payments to virtually anyone—faster, cheaper, and easier.” Rapyd clients see “an average of 196% return on investment within 36 months and spend 70% less time managing payments, according to Forrester.”

To read the full article, please visit Crowdfund Insider website.