Top Highlights

• 24% of cryptocurrency owners
• new products and services that promise to revolutionize banking, investments, and other areas, especially for historically excluded groups
• Latinos are embracing fintech at high rates compared to other groups, yet a stark absence of data and research is preventing policymakers and other stakeholders from understanding the technology’s impact on this critical segment of the population.
• lowering barriers to entry, allowing fractional investment, creating automated investment platforms, digitizing banking, opening peer-to-peer lending and crowdfunding, and lowering costs, among other ways.
• While some fintech products are intended for mass audiences and have high Latino adoption rates, others are tailored specifically for the Latino market—ranging from bilingual digital wallets to neobanks, and providing an array of financial services, including to immigrants without Social Security numb

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