In 2019, more than 50 percent of fintech companies in Paraguay preferred specific regulation for their activities, whilst 10 percent of startups favoured auto regulation. Only seven percent of companies would opt for banking regulation and securities regulation.
Preferred regulatory framework for fintech services 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). Preferred regulatory framework for fintech services in Paraguay in 2019 [Graph]. In Statista. Retrieved November 12, 2024, from https://www.statista.com/statistics/1231317/paraguay-fintech-regulatory-framework/
Ministerio de Industria y Comercio (Paraguay). "Preferred regulatory framework for fintech services in Paraguay in 2019." Chart. August 31, 2020. Statista. Accessed November 12, 2024. https://www.statista.com/statistics/1231317/paraguay-fintech-regulatory-framework/
Ministerio de Industria y Comercio (Paraguay). (2020). Preferred regulatory framework for fintech services in Paraguay in 2019. Statista. Statista Inc.. Accessed: November 12, 2024. https://www.statista.com/statistics/1231317/paraguay-fintech-regulatory-framework/
Ministerio de Industria y Comercio (Paraguay). "Preferred Regulatory Framework for Fintech Services in Paraguay in 2019." Statista, Statista Inc., 31 Aug 2020, https://www.statista.com/statistics/1231317/paraguay-fintech-regulatory-framework/
Ministerio de Industria y Comercio (Paraguay), Preferred regulatory framework for fintech services in Paraguay in 2019 Statista, https://www.statista.com/statistics/1231317/paraguay-fintech-regulatory-framework/ (last visited November 12, 2024)
Preferred regulatory framework for fintech services in Paraguay in 2019 [Graph], Ministerio de Industria y Comercio (Paraguay), August 31, 2020. [Online]. Available: https://www.statista.com/statistics/1231317/paraguay-fintech-regulatory-framework/
