The number of active mobile money accounts in Paraguay increased year on year between 2017 and 2019. In 2019, the number of active accounts peaked at 1.7 million, an 11 percent increase compared to 2017. It was forecasted that the bank account penetration in the South American country will reach nearly 69 percent by 2025.
Number of active mobile money accounts in Paraguay from 2017 to 2019
(in millions)
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). Number of active mobile money accounts in Paraguay from 2017 to 2019 (in millions) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1231276/paraguay-fintech-active-mobile-money-accounts/
Ministerio de Industria y Comercio (Paraguay). "Number of active mobile money accounts in Paraguay from 2017 to 2019 (in millions)." Chart. August 31, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1231276/paraguay-fintech-active-mobile-money-accounts/
Ministerio de Industria y Comercio (Paraguay). (2020). Number of active mobile money accounts in Paraguay from 2017 to 2019 (in millions). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1231276/paraguay-fintech-active-mobile-money-accounts/
Ministerio de Industria y Comercio (Paraguay). "Number of Active Mobile Money Accounts in Paraguay from 2017 to 2019 (in Millions)." Statista, Statista Inc., 31 Aug 2020, https://www.statista.com/statistics/1231276/paraguay-fintech-active-mobile-money-accounts/
Ministerio de Industria y Comercio (Paraguay), Number of active mobile money accounts in Paraguay from 2017 to 2019 (in millions) Statista, https://www.statista.com/statistics/1231276/paraguay-fintech-active-mobile-money-accounts/ (last visited November 21, 2024)
Number of active mobile money accounts in Paraguay from 2017 to 2019 (in millions) [Graph], Ministerio de Industria y Comercio (Paraguay), August 31, 2020. [Online]. Available: https://www.statista.com/statistics/1231276/paraguay-fintech-active-mobile-money-accounts/
