The State of Digital Transformation in Latin America in 2022

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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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