Fintech And Intellectual Property: Strategies To Protect Innovation

• Published date: 13 May 2025
• Law Firm: Icaza Gonzalez-Ruiz & Aleman
• Author: Fernando Gonz'lez-Ruiz M

In recent years, Fintech companies have experienced remarkable growth and have gained great momentum in Latin America. Countries such as Brazil, Mexico, Chile, Colombia and Argentina have become leaders in this sector, attracting investments and developing innovative technologies.

In Panama, there is currently no specific regulatory framework which exclusively regulates the Fintech sector. Companies operating in this area are subject to the general financial regulations applicable in the country, so these types of companies must comply with the rules established by entities such as the Superintendence of Banks of Panama (SBP), the Superintendence of the Securities Market (SMV), the Financial Analysis Unit (UAF), among others.

In this article we will not discuss in depth the existence or not of a specific regulatory framework related to the Fintech sector in Panama. Instead, we will focus on analyzing the relationship and importance of Intellectual Property in this sector.

What is Fintech and why is Intellectual Property important?

The term Fintech comes from the combination of the words "finance" and "technology" and refers to those companies, platforms or applications that use technology to offer financial products and services in a more efficient, accessible and innovative way. These companies combine advanced technology, such as artificial...