Panama’s Fintech Ecosystem reached the panamazing milestone of 100 Fintech companies 🚀. According to Javier Buitrago, secretary of the Panama Fintech Chamber 🇵🇦, the growth has been faster than expected. Their data reveiled the following distribution accross the different segments.… Read More »Milestone: 100 Fintech Companies in Panama
Panama launched Finhub 🚀, a Financial Innovation Hub to connect regulators with Fintech companies. The goal is to encourage innovation, improve financial inclusion, and strengthen the stability of the system. It was launched in May. Via the Finhub Online Platform… Read More »Panama Launches Financial Innovation Hub
Last week Mayer Mizrachi, Panama City’s Mayor, signed an agreement enabling residents to use cryptocurrencies to pay municipal taxes, permits and fines. The signing of the agreement with Towerbank President Benjamín Méndez took place during the Panama Blockchain Week 2025. Under the arrangement, residents can pay using cryptoassets (Bitcoin, Ether, USDC and… Read More »Panama City Embraces Crypto for Municipal Tax Payments
The No. 1 growth position was shared with Peru 🇵🇪 (both 14%). The use reached 39% in Panama, second to cash as payment method to purchase goods & services. Only in Argentina 🇦🇷, digital wallet use is higher (45%). Moreover,… Read More »Panama sees Largest Rise in Use of Digital Wallets among 8 Latin American countries