About

Scotiabank has a major presence in Mexico with a full service expanding across the Latin American region. Eduardo Fernandez García-Travesí, deputy general director legal, leads the highly skilled and recognised in-house legal team. In December 2018, the legal team worked on the extension of a partnership agreement with QED Investors to support through capital and industry expertise the Latin American financial technology scene. The bank and QED created a second fund called QED FinTech LatAm Fund II for this purpose. Scotiabank and The Instituto Tecnológico y de Estudios Superiores de Monterrey (ITESM), known as Tec Monterrey, launched “Factory A” in February 2019, which will act as an incubator for FinTech entrepreneurs in Monterey particularly related to regulatory matters such as know your customer (KYC), cybersecurity, electronic payments, and other elements.