Scotiabank looks to Latin America with partnership

Oct 19, 2017 • Sam McCaffrey

The financial services company has formed a partnership with accelerator NXTP Labs as it looks to gain access to fintech startups in Latin America.

Canada-headquartered financial services firm Scotiabank has formed a strategic partnership with Argentina-based, Latin America-focused accelerator and seed-stage fund NXTP Labs.

The collaboration will give Scotiabank access to financial technology startups in Mexico, Colombia, Chile and Peru.

Scotiabank will also award a special prize to one of the 35 startups that participated in NXTP Labs’ 2017 Acceleration Program, with the winner invited to meet the firm’s digital team to explore partnership opportunities.

The deal is part of a broader digital transformation…

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