By Marco Cacciati Over the past decade Latin America has emerged as a hotbed of startup innovation, attracting over $16bn of investment in 2021 alone. Fintech and insurtech have particularly captured the attention of global investors and VC funds, drawn by the region’s highly connected yet largely unbanked or underbanked customer base. Historically, traditional banks in the region have been inaccessible to the lower segments of the population, deterred by bureaucracy and high fees. Until recently cash was king for daily transactions, with many small and medium-sized enterprises (SMEs) avoiding…