墨西哥的金融科技生態系統, 創業的機會和風險

FinTech Ecosystem in Mexico. Opportunities and Risks for Startups

李瑞奇(JOSE RICARDO LIZAMA DE MARCHENA)

指導教授 ： 唐瓔璋

國立交通大學/管理學院/企業管理碩士學程/碩士(2019年)

摘要

FinTech 最近在墨西哥蓬勃發展，FinTech初創公司有很多機會開發成功的商業模式，但需要克服許多挑戰。想要成功的FinTech初創公司需要了解FinTech如何在全球範圍內發展，以及他們試圖進入的市場的FinTech生態系統。本文的目的是突出所有一般事實，想要進入墨西哥市場的金融科技創業公司應該知道何時開發技術增強的金融服務產品，並為他們提供墨西哥金融科技生態系統的重要見解。

本文分為四章，第一章致力於理解FinTech為何在發展中國家成長，最常見的FinTech產品初創公司正在努力，以及FinTech公司在全球面臨的一般機遇和挑戰。第二章包含對墨西哥市場的見解，包括金融服務可及性的概述，潛在的中小企業作為金融科技產品的目標市場，墨西哥金融科技開發與拉丁美洲其他地區的比較，以及FinTech產品事實證明在墨西哥取得了成功。

第三章解釋了政府如何努力增加金融包容性以及金融科技在政府議程中的作用。墨西哥在法規方面在拉丁美洲取得進展，本章涵蓋了墨西哥FinTech法律的細節，包括允許FinTech公司開展的活動，用於創新測試的監管Sandbox，知識產權框架，初創公司需要遵守的要求為了運營和獲得許可證，以及與電子匯款，在線借貸，眾籌，區塊鍊和加密貨幣相關的具體規定。

最後，第四章介紹了金融科技創業公司在墨西哥的資金需求，他們通常如何獲得資金，以及墨西哥對金融科技創業公司感興趣的主要投資者和加速器。

關鍵字

墨西哥 ； 金融科技 ； 創業

並列摘要

FinTech Technology is recently booming in Mexico, with many opportunities for FinTech startups to develop successful business models, but with many challenges to overcome. FinTech Startups who want to succeed need to understand how the FinTech has been evolving around the world and the FinTech ecosystem of the market they are trying to enter. The objective of this paper is to highlight all the general facts FinTech startups companies who want to enter in the Mexican market should know when developing financial services products enhanced by technology and give them important insights of the FinTech ecosystem in Mexico.

The paper is divided into four chapters, the first chapter is dedicated to understanding why FinTech is growing especially in developing countries, the most common FinTech products startups are working on, and general opportunities and challenges FinTech companies are facing around the world. The second chapter contains insights of the Mexican market including an overview of the financial services accessibility, the potential Small and Medium Enterprises represent as a target market for FinTech products, how Mexico FinTech development compare with the rest of Latin America, and the FinTech products that have proved to be successful in Mexico.

In chapter 3 is explained how the government is trying to increase the financial inclusion and the role of FinTech in the government agenda. Mexico is going ahead in Latin America in terms of regulations, this chapter covers the details of the FinTech law in Mexico, including, activities FinTech companies are allowed to conduct, regulatory Sandbox for innovation testing, intellectual property framework, requirements that startups need to comply in order to operate and to get a license, and specific regulations related to Electronic Money Transfer, Online Lending, Crowdfunding, Blockchain and Cryptocurrencies.

Finally, in Chapter four is presented the funding needs of FinTech startups in Mexico, how they usually get funds, and the main investors and accelerators in Mexico that are interested in FinTech startups.

並列關鍵字

FinTech ； Mexico ； Startup

參考文獻

Michael Koenitzer, Giancarlo Bruno, “The Future of FinTech, A Paradigm Shift in Small Business Finance”, World Economic Forum, Summit on the Global Agenda 2015, Abu Dhabi, United Arab Emirates, Pages 3-30, 2015, October.

Jake Kendall, “Fintech Companies Could Give Billions of People More Banking Options”, Harvard Business Review, Pages 2-4, Harvard Business School Publishing Corporation, 2017, January.

Karen Mills, Brayden MacCarthy, “How Banks Can Compete Against an Army of FinTech Startups”, Harvard Business Review, Pages 2-6, Harvard Business School Publishing Corporation, 2017, April.

John L.Douglas, “New Wine Into Old Bottles: FinTech Meets the Bank Regulatory World, UNC North Carolina Banking Institute, Volume 20, Pages 19-63, UNC North Carolina Banking Institute, 2016, March.

Thomas Puschmann, “Fintech”, Springer Fachmedien Wiesbaden, Pages 69-75, Springer Fachmedien Wiesbaden, 2016, October.