Scotiabank has agreed an innovative partnership with Latin America’s leading start-up accelerator, NXTP Labs.
This strategic partnership will allow Scotiabank access to the most promising fintechs in Mexico, Colombia, Chile, and Peru, and leverage these countries’ innovative start-up ecosystems to help drive its global digital banking transformation.
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“We are thrilled to partner with Latin America’s premier start-ups accelerator to further advance our global digital banking strategy”, said Nacho Deschamps, group head, International Banking and Digital Transformation.
“This partnership will allow us to gain competitive advantage, accelerate innovation, and form Fintech partnerships to offer innovative solutions to our 24 million customers.”
NXTP Labs is the most active early-stage fund for tech companies in Latin America. It has partnered with teams from more than 15 countries and invested in 174 companies in just over 5 years of operations.
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