Why LATAM is a great untapped resource
Updated: Oct 8, 2022
Latin America has always been a land of opportunity. With its rich history, natural resources, and vibrant culture, the region has much to offer the world. And now, it seems that crowdfunding is poised to take off in a big way in Latin America.
There are a number of reasons why Latin America is an ideal place for crowdfunding. First, the region has a large and growing population of entrepreneurs. According to the Global Entrepreneurship Monitor, nearly 30 percent of adults in Latin America are actively seeking or starting new businesses. This is a higher rate than any other region in the world.
Latin America has a young and dynamic population. More than half of the region's population is under the age of 30. This young generation is incredibly connected, thanks to the widespread adoption of mobile devices and social media. They're also highly motivated to make a difference in their communities.
The middle class in Latin America is rapidly growing. As more people in the region attain higher levels of education and income, they're increasingly able to participate in the global economy. And as they do, they're increasingly interested in supporting and investing in new businesses.
All of these factors make Latin America an ideal place for crowdfunding. So if you're looking to launch a new business, or invest in an existing one, consider exploring Latin America. You may be surprised at how much opportunity you can find.
What do you think? Is Latin America a good place for crowdfunding?