IIC launches financial technology and innovation event in Colombia


FINPYME Forum will bring banking experts to Medellín from the world over

Medellín, Colombia, September 4, 2015 — Risk analyses based on your social media profiles, crowdfunding platforms, and online financing are but a few examples of the innovations the FINPYME Forum will be taking to Colombia. In less than a month, the city of Medellín will be the epicenter of financial innovation in the region when experts from the world over will come together with the banks of Latin America and the Caribbean.

This event, organized by the Inter-American Investment Corporation (IIC), will take place on September 21 and 22 and aims to provide the region’s banks with innovative tools to improve the way they provide financing to small and medium-sized enterprises (SMEs).

“At the Corporation, we are aware that banks need to innovate to meet the needs of SMEs. Therefore, we want to support them and invite them to form part of this dialogue to discover new technologies and alternatives to improve their portfolio of products,” said Gregory Da Re, chief of the IIC’s Strategy and Innovation Division.

This is a unique event where innovative alternatives for analyzing client risk will be explored along with new models and creative tools to bolster the financing provided by banks to SMEs.

In addition, leaders in banking innovation will attend, such as Brett King, founder of Moven—a FinTech—and author of the book “Breaking Bank$.” He will be joined by dozens of experts from the region and the world over, as well as the founders of financial technology companies, all of whom will share their knowledge and offer recommendations for improving the financial services available to the owners of the region’s small and medium-sized enterprises.

What? FINPYME Forum is an event that will serve as a platform for unveiling the latest innovations that banks can implement when providing financing to SMEs.
Where? Medellín, Colombia
When? September 21-22, 2015
Who? Close to 400 leaders of the region’s financial institutions and representatives of private companies, the public sector, academia, and civil society.

The event is organized by the IIC with the support of the Inter-American Development Bank (IDB), the SME Finance Forum, the International Finance Corporation (IFC), the Development Bank of Latin America (CAF), and the Aspen Network of Development Entrepreneurs (ANDE). In addition, the event will be supported by several sponsors and promoters, including Citi Foundation, Bancóldex, Telefónica, BAC, eFactorNetwork, Oliver Wyman, Latin American Federation of Banks (FELABAN), Ruta N, Asociación de Supervisores Bancarios de las Américas (ASBA), and the Medellín Chamber of Commerce for Antioquia.

Registration for the event is open via the website www.finpymeforum.org.

Contact: Francisco Rojo

Telephone: +1 (202) 623-8120

Email: info@finpymeforum.org