In 2021, the vast majority of Colombian fintech companies reported annual revenues of less than 500,000 U.S. dollars. Specifically, more than 63 percent of fintechs operating in the country fell within this revenue range. Another significant portion, comprising 27.3 percent of these companies, reported annual revenues ranging from 500,000 to five million U.S. dollars. In contrast, 2.7 percent of fintechs reported revenues between 50 million and 300 million U.S. dollars for the same year.
Distribution of fintech startups in Colombia in 2021, by annual revenue
(in U.S. dollars)
Revenue in U.S. dollars
Share of fintechs
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Finnovista. (July 17, 2023). Distribution of fintech startups in Colombia in 2021, by annual revenue (in U.S. dollars) [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/886502/colombia-distribution-fintechs-revenue/
Finnovista. "Distribution of fintech startups in Colombia in 2021, by annual revenue (in U.S. dollars) ." Chart. July 17, 2023. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/886502/colombia-distribution-fintechs-revenue/
Finnovista. (2023). Distribution of fintech startups in Colombia in 2021, by annual revenue (in U.S. dollars) . Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/886502/colombia-distribution-fintechs-revenue/
Finnovista. "Distribution of Fintech Startups in Colombia in 2021, by Annual Revenue (in U.S. Dollars) ." Statista, Statista Inc., 17 Jul 2023, https://www.statista.com/statistics/886502/colombia-distribution-fintechs-revenue/
Finnovista, Distribution of fintech startups in Colombia in 2021, by annual revenue (in U.S. dollars) Statista, https://www.statista.com/statistics/886502/colombia-distribution-fintechs-revenue/ (last visited June 18, 2024)
Distribution of fintech startups in Colombia in 2021, by annual revenue (in U.S. dollars) [Graph], Finnovista, July 17, 2023. [Online]. Available: https://www.statista.com/statistics/886502/colombia-distribution-fintechs-revenue/