Uruguay's Ministry of Economy and Finance, through subsecretary Martín Vallcorba, used a keynote at Fintech Summit Uruguay 2025 to brief on progress and remaining challenges in the country’s financial inclusion policy and the development of the domestic fintech ecosystem, highlighting digital tools and competition in the financial system as key drivers. The presentation reviewed outcomes of the Financial Inclusion Programme, including expanded access to formal financial services, payment-system modernisation, and a shift in consumer habits toward electronic payment methods. Vallcorba cited the issuance of more than 4 million electronic money instruments and 1.3 million new debit cards, and linked the broad uptake of digital payments to the value-added tax reduction for electronic transactions, alongside reduced use of cheques and cash withdrawals. Looking ahead, he positioned fintech ecosystem development as a priority and pointed to strengthening financial and digital education, consumer protection and cybersecurity, alongside deeper public-private dialogue involving both traditional financial institutions and fintech firms.

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