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INSTITUTIONAL MEMORY 2020

the main three cities of the services enterprises, and,
country and with a mobile mobile payment services
connectivity of 93,7%; hence, enterprises, all of them
only 6.3% through fixed-land supervised and controlled by

lines. the Financial Supervision and
Control Authority (Autoridad
The DFS are founded on the
del Sistema Financiero – ASFI
highway of communications
for its name and acronym
of the BCB that allows digital
in Spanish), and, to what
movements of Money in
concerns the payment service
the country, according to
system under regulation
the Ecosystem of Digital
of the BCB. Foreign to this
Financial Services study.
sphere, telecommunications
Currently, Bolivia has a robust
companies, Fintech, business
payment services in which
accelerators, incubators and
electronic payment shall be,
investors emerge.
by law, inter-operational,
which constitutes a necessary According to the mapping

condition to facilitate the carried out by FUNDA-PRÓ,
development of a strong and SOLYDES, FEF and BIM, in
solid DFS ecosystem. Bolivia there are 160 startups

In regards to the basis created of which 24 are Fintech. Even
by means of the payment though the ecosystem is still

service, the country has been incipient, the first incubators,
developing a DFS ecosystem accelerators, investors and
in partnership with several communities of developers
players, amongst which we start to emerge.

have financial institutions, In the last years, Bolivia has
supplementary financial kept a growing trend in

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