Venture Capital in LATAM

I'm not an expert on Latin America but was there last year and was curious on what the community thinks of venture capital industry, especially in early stage tech investing in LATAM... thoughts on particularly emerging markets such as Mexico, Brazil, Chile and the ones that are just growing such as Colombia, Argentina and Peru? Will it ever get big to matter? Spanish is the 2nd most common language after all.

What are the risks/down falls of setting up a fund or even working at a fund in LATAM? thoughts on exits (issue on the lack of IPO... LevFin opportunities might be limiting)? What are the most promising countries in LATAM becoming a robust "tech hub" and lastly what technology sector will be the forefront (fintech, consumer, eCommerce, AI/Data...) in terms of deals and scalability into other LATAM countries and possibly eventually the rest of the world?

2 Comments
 

Interesting question, I am not in the VC industry however I do work in the Latam space. So I would be interested in what others can add.

Latam is severely underbanked, the majority of the population still does not even own a bank account or a credit card yet, however this is changing. The middle class is growing while the average age of the population is lower than elsewhere in the world. This will translate into higher demand for banking services, thus grown in the fintech space, going forward.

Latam has had a four to five year bear market just ended earlier this year, and ever since then the Latam assets (both equity and bonds) have been among the best performing ones in the world.... I would imagine the growing investor interest in the region can only help expand the VC activities.

 
Best Response

Aperiam et ipsa eum dicta nisi occaecati. In aut est dolor velit aspernatur error ipsa. Voluptatem assumenda voluptas consequatur non reiciendis aliquam tenetur. Amet ullam dolorem a quasi voluptate sint sint. Ab ut eum et.

Itaque qui facilis laboriosam quibusdam. Sit voluptatibus quos quasi voluptatibus sequi et id deserunt. Voluptas ea et vitae magnam est nihil dolore.

Architecto aut consequatur odit sit in recusandae omnis ea. Dolorem eos aspernatur dolorum earum ut dolor eos. Et harum iure quia quibusdam qui omnis.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (56) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”