Caja de Ahorros Joins the Panama Fintech Chamber

Caja de Ahorros Joins the Panama Fintech Chamber

Caja de Ahorros has joined the Panama Fintech Chamber in an alliance that seeks to strengthen collaboration between traditional banking and financial technology companies, as well as facilitate the identification of innovation opportunities in the sector.

The state-owned entity becomes the first traditional bank to join the Panama Fintech Chamber ecosystem, according to the organization.

Collaboration and Innovation Spaces
The alliance includes spaces for dialogue, knowledge exchange, and the exploration of joint initiatives related to new technologies and capabilities applied to financial services.

As part of the agreement, the Panama Fintech Chamber will become part of Caja de Ahorros’ ecosystem of strategic allies. The relationship will be oriented toward:

Identifying development opportunities.

Facilitating connections with technology companies.

Exploring solutions for the new needs of financial users.

Spokesperson Statements
The event brought together representatives from both institutions, including Andrés Farrugia, General Manager of Caja de Ahorros, and Rafael Robinson Vargas, President of the Panama Fintech Chamber.

“This strategic alliance represents an opportunity to strengthen the connection with an ecosystem that is driving important changes in the financial industry. The relationship will allow the bank to discover new capabilities, share experiences, and develop initiatives aimed at generating value for its clients and contributing to the evolution of the Panamanian financial system.”

— Andrés Farrugia, General Manager of Caja de Ahorros.

For the Chamber, the incorporation of Caja de Ahorros expands the spaces for collaboration between traditional financial institutions and fintech companies.

“This alliance with Caja de Ahorros strengthens the link between traditional banking and the Fintech ecosystem. The participation of an institution with history and reach expands collaboration opportunities and can contribute to the development of more innovative and inclusive financial services.”

— Rafael Robinson Vargas, President of the Panama Fintech Chamber.