The number of fintechs grew significantly in all major Latin American countries between 2017 and 2023, but Brazil saw the number of fintechs decrease notably in 2023. During the observed period, Brazil was the leading country, with the number of fintechs increasing from 230 in 2017 to 722 in 2023. Mexico had the second-highest number of fintechs operating in the region.
Growth of fintechs in Latin America between 2017 and 2023, by country
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Inter-American Development Bank. (June 20, 2024). Growth of fintechs in Latin America between 2017 and 2023, by country [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1341094/growth-fintech-latin-america/
Inter-American Development Bank. "Growth of fintechs in Latin America between 2017 and 2023, by country." Chart. June 20, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1341094/growth-fintech-latin-america/
Inter-American Development Bank. (2024). Growth of fintechs in Latin America between 2017 and 2023, by country. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1341094/growth-fintech-latin-america/
Inter-American Development Bank. "Growth of Fintechs in Latin America between 2017 and 2023, by Country." Statista, Statista Inc., 20 Jun 2024, https://www.statista.com/statistics/1341094/growth-fintech-latin-america/
Inter-American Development Bank, Growth of fintechs in Latin America between 2017 and 2023, by country Statista, https://www.statista.com/statistics/1341094/growth-fintech-latin-america/ (last visited December 21, 2024)
Growth of fintechs in Latin America between 2017 and 2023, by country [Graph], Inter-American Development Bank, June 20, 2024. [Online]. Available: https://www.statista.com/statistics/1341094/growth-fintech-latin-america/