The State of Digital Transformation in Latin America in 2022

Village Global Podcast

Julio Vasconcellos and Ana Martins, partners at Atlantico, join Anne Dwane and Lucas Bagno on this episode to discuss Atlantico's Latin America Digital Transformation Report 2022. Takeaways:
- In the rest of the world, digital adoption has reverted to the pre-pandemic mean, but digital transformation has continued at the same pace in Latin America.
- Developers in Latin America are more likely to accept remote job offers and people working remotely have more satisfaction in their jobs than those working in-person.
- Fintech deals continue to be 40-50% of volume in the region.
- Latin America has a higher proportion of SMBs than any other region but they contribute less to GDP comparatively.
- Brazilians are some of the most active internet and social media users in the world.
- Julio and Ana say that there is an immense opportunity in this digital transition but that it still requires a lot of caution. Funding has been drying up as public market multiples trickle down to earlier stages. They recommend that founders be very mindful of cash and runway.
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