We read Robinhood’s 10-Q so that you don’t have to.

Russia’s invasion of Ukraine is uprooting the global financial system. As new technology accelerates a changing world order, fintech has a renewed responsibility towards its end users.

The era of fintech was expected to bring millions into the formal financial system in Mexico. Yet from 2018 to 2022, only 3.4 million people opened a formal bank account, begging the question, “Why has fintech failed to meet its potential in Latin America’s second-largest consumer market?”