Number of digital banks in Mexico 2018-2023

Published by Statista Research Department, Dec 10, 2024

The number of digital banks operating in Mexico increased significantly between 2017 and 2023. In 2023, a total of 29 digital banks in the country, up from only five such companies registered in August 2018. In 2023, the largest segment of the fintech sector - in terms of the number of fintech businesses - was lending and payments.

Number of digital banks in Mexico from 2018 to 2023

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Release date

February 2024

Region

Mexico

Survey time period

2018 to 2023

Supplementary notes

Data prior to 2022 was retrieved from earlier releases of the publication.

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