Las Fintech ecuatorianas y su aporte a la inclusión financiera frente al covid-19 (2019-2020)

Abstract

Abstract: Fintechs are a new paradigm within the supply of financial services, which use technology, especially digital media that contribute to the improvement and innovation of traditional financial services. However, it is important to analyze whether these new companies have helped to increase financial inclusion in the population. Therefore, the objective of this study is to conduct an analysis of Ecuadorian Fintechs and their contribution to financial inclusion in the context of the COVID-19 pandemic. The work appliesa descriptive-explanatory methodology, as well as analytical-synthetic and inductive-deductive methods, where several dimensions of Fintechcompanies were analyzed, such as their revenue volume, profitability and number of operating companies, and correlated with variables of access and use of financial services. The results of the study show that Fintechs show a growth in assets and sales, which goes hand in hand with access to internet service and a greater use of credit and debit card services, as well as non-bank correspondents.