https://techcrunch.com/2022/07/25/why-clocktower-technology-ventures-is-still-bullish-on-latin-american-fintechs/

Looking at Latin America’s socioeconomic conditions these days, you can find plenty of reasons to be pessimistic, or at least daunted by how much is left to improve. Sure, problems are also opportunities, but what if there are just too many hurdles to overcome in the near future?

And yet, despite the worsening global and local macroeconomic climate, unicorns keep being minted in the region. For instance, Ecuadorian payments infrastructure company Kushki doubled its valuation to $1.5 billion in June.