In 2023, fintech adoption varied vastly across various types of technology. Open finance and APIs lead the way with a substantial 54.7 percent adoption rate. Cloud computing followed closely at 42 percent, offering scalability and efficiency to financial services. Meanwhile, emerging technologies like blockchain, cryptocurrencies, and biometry also made notable inroads, with adoption rates ranging from 16 percent to 17.3 percent. The metaverse, smart contracts, and supply chain infrastructure technologies were in the early stages of adoption, with rates of 4.7 percent and below. Overall, Chile's fintech landscape showcased a dynamic and diverse ecosystem, embracing a wide range of technologies to reshape the financial industry.
Fintech adoption rate in Chile in 2023, by type of technology
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Finnovista. (October 7, 2023). Fintech adoption rate in Chile in 2023, by type of technology [Graph]. In Statista. Retrieved July 06, 2024, from https://www.statista.com/statistics/1419058/fintech-startups-in-chile-by-technology/
Finnovista. "Fintech adoption rate in Chile in 2023, by type of technology." Chart. October 7, 2023. Statista. Accessed July 06, 2024. https://www.statista.com/statistics/1419058/fintech-startups-in-chile-by-technology/
Finnovista. (2023). Fintech adoption rate in Chile in 2023, by type of technology. Statista. Statista Inc.. Accessed: July 06, 2024. https://www.statista.com/statistics/1419058/fintech-startups-in-chile-by-technology/
Finnovista. "Fintech Adoption Rate in Chile in 2023, by Type of Technology." Statista, Statista Inc., 7 Oct 2023, https://www.statista.com/statistics/1419058/fintech-startups-in-chile-by-technology/
Finnovista, Fintech adoption rate in Chile in 2023, by type of technology Statista, https://www.statista.com/statistics/1419058/fintech-startups-in-chile-by-technology/ (last visited July 06, 2024)
Fintech adoption rate in Chile in 2023, by type of technology [Graph], Finnovista, October 7, 2023. [Online]. Available: https://www.statista.com/statistics/1419058/fintech-startups-in-chile-by-technology/