smartTrade Opens Miami Office to Support Latin America Trading Infrastructure
smarTrade Technologies opened a Miami office to support financial institutions adopting electronic trading and AI-enabled payment technologies across Central and South America. The office, located at 78 SW 7th St in Miami, joins smartTrade's existing network including offices in New York, Toronto, London, Singapore, Tokyo, Hong Kong, Geneva, Paris, and Shanghai. The expansion occurs as Latin America's fintech market reached approximately $15.2 billion in 2025 and could exceed $54 billion by 2034, according to IMARC Group. Electronic trading and payments infrastructure providers are increasingly expanding operations around Latin America as financial institutions across the region accelerate investment in digital payments, FX technology, and real-time financial systems.
David Vincent, CEO and Co-Founder at smartTrade Technologies, stated: "This new office marks a strategic expansion for smartTrade as we continue to support our growing number of clients in Central and South America who are adopting our AI-enabled trading and payments technologies. Miami is the natural gateway to the Latin American market, and this investment reflects our commitment to being where our clients are — bringing the full depth of our platform and expertise closer to the institutions we serve."
Miami's Position as Latin America's Financial Hub
Miami has attracted payment providers, FX firms, crypto companies, digital banks, and institutional technology vendors seeking proximity to both U.S. financial markets and Latin American institutions over the past several years. Brazil's Pix network processed more than 63 billion transactions in 2024 according to industry estimates based on Central Bank of Brazil data, while mobile-first banking ecosystems continue expanding throughout Mexico, Colombia, Chile, and Argentina.
Research from Mordor Intelligence estimated the South American fintech market could grow from approximately $16 billion in 2026 to more than $31 billion by 2031, with digital payments representing nearly half of the sector's activity. Jessica Blue, EVP of Money20/20 Americas, commented during Fintech Americas 2026: "Miami serves as the perfect hub to connect innovators from North, Central, and South America."
Regional Infrastructure Expansion Activity
Revolut launched full banking operations in Mexico earlier this year as part of its international expansion strategy. The company committed more than $100 million to support growth in the market while describing Latin America as a major long-term opportunity.
Research from the Inter-American Development Bank showed the number of fintech platforms across Latin America and the Caribbean rose 112% between 2018 and 2021. Industry estimates now place the regional fintech ecosystem at more than 3,000 startups. Events including Fintech Americas 2026 highlighted Miami's expanding importance as a meeting point for banks, fintech firms, regulators, and infrastructure providers operating across the Americas.
Latin America Payments and Trading Infrastructure Market Data
According to Market Data Forecast, the Latin American payments market could grow from approximately $788 billion in 2025 to more than $1.7 trillion by 2033. IMARC Group reported the Latin American fintech market reached approximately $15.2 billion in 2025 with a projected compound annual growth rate of 15.1% through 2034.
Financial institutions increasingly pursue infrastructure capable of automating liquidity management, improving execution quality, optimizing payment routing, reducing operational overhead, strengthening fraud monitoring, and supporting 24/7 transaction environments, according to the source article.
Fitch Ratings warned that rapid fintech expansion across Latin America increases exposure to cybersecurity threats, regulatory fragmentation, and monetization pressure as competition intensifies.
Key Market Metrics
| Metric | Figure | Source |
|--------|--------|--------|
| Latin America fintech market size in 2025 | $15.2B | IMARC Group |
| Projected fintech market by 2034 | $54B | IMARC Group |
| Projected CAGR | 15.1% | IMARC Group |
| Brazil Pix transactions in 2024 | 63B+ | Industry research / Central Bank data |
| Projected LATAM payments market by 2033 | $1.7T | Market Data Forecast |
| Fintech startups across LATAM | 3,000+ | IDB / industry estimates |
| Fintech Americas 2026 attendance | 1,750 executives | Fintech Americas |
