▲ 2 r/fintech
How are LATAM fintechs actually solving the US equities infrastructure problem? What's working?
Been speaking with a number of fintech founders across Brazil, Mexico, and Colombia about adding US stock trading to their platforms. The question that keeps coming up: build the brokerage infrastructure yourself vs partner with an existing SEC-registered broker-dealer.
Building it: 18+ months, $2M+, FINRA membership, net capital requirements, most teams underestimate this badly or partner wrong!
Partnering: faster, but you're dependent on someone else's reliability and support. We work on the partnership side at ChoiceTrade (registered BD), so obviously biased, but genuinely curious what others in this space are seeing. Is the partnership model gaining traction, or are more platforms trying to go direct?
u/DueLengthiness5102 — 23 hours ago