In 2019, nearly two thirds of fintech companies in Paraguay generated revenue through charging users transactional fees for purchases and transfers. Meanwhile, more than three out of 10 fintech startups operated on a profit margin revenue model, while 30 percent charge users a subscription fee. Only three percent of businesses applied a freemium model (basic services are provided for free, while more advanced features must be paid for).
Business revenue models of fintech companies in Paraguay in 2019
it includes 33 fintech companies that are based in Paraguay, and three international fintechs that have transactions in Paraguay
Supplementary notes
The source add the following information: "The study has included 36 fintech companies, including detailed primary data on 30 companies, and secondary information on remaining companies. With this number of companies participating, the study provides data that is statistically fully a representative overview of the fintech sector in Paraguay."
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Ministerio de Industria y Comercio (Paraguay). (August 31, 2020). Business revenue models of fintech companies in Paraguay in 2019 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1231239/paraguay-fintech-companies-revenue-models/
Ministerio de Industria y Comercio (Paraguay). "Business revenue models of fintech companies in Paraguay in 2019." Chart. August 31, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1231239/paraguay-fintech-companies-revenue-models/
Ministerio de Industria y Comercio (Paraguay). (2020). Business revenue models of fintech companies in Paraguay in 2019. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1231239/paraguay-fintech-companies-revenue-models/
Ministerio de Industria y Comercio (Paraguay). "Business Revenue Models of Fintech Companies in Paraguay in 2019." Statista, Statista Inc., 31 Aug 2020, https://www.statista.com/statistics/1231239/paraguay-fintech-companies-revenue-models/
Ministerio de Industria y Comercio (Paraguay), Business revenue models of fintech companies in Paraguay in 2019 Statista, https://www.statista.com/statistics/1231239/paraguay-fintech-companies-revenue-models/ (last visited November 21, 2024)
Business revenue models of fintech companies in Paraguay in 2019 [Graph], Ministerio de Industria y Comercio (Paraguay), August 31, 2020. [Online]. Available: https://www.statista.com/statistics/1231239/paraguay-fintech-companies-revenue-models/