Argentina’s Central Bank has approved the creation of a registry of fintech platforms that enable micro, small and medium sized enterprises (MSMEs) to seek financing for their business. The registry will include tools that support the submission of electronic invoices known as FCEMs. The stated aim of this initiative is “to provide greater transparency and traceability of micro, small and medium-sized companies that obtain financing with electronic invoices through these platforms.” Platforms need to register by 1 June 2023.
Platforms that register must comply with a number of conditions:
