Number of fintechs in Mexico 2023, by segment

Published by Statista Research Department, Nov 9, 2024

In 2023, the largest segment of the fintech industry in Mexico was lending. Among the 771 identified fintechs, 165 were businesses focusing on lending. Payments and remittances ranked second, with 120 active fintechs operating in that area. This ranking of fintech sectors were also reflected in the number of finance app downloads: apps for personal loans, mobile banking, and digital payments were the most widely downloaded finance apps in 2023.

Number of local fintech startups in Mexico in 2023, by segment

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Release date

February 2024

Region

Mexico

Survey time period

2023

Supplementary notes

Figures refer to local fintech companies. 

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