Mexico: companies with the highest CAGR 2015-2018

The fintech company Konfío, headquartered in Mexico City and owned by Red Amigo DAL, was one of the enterprises with the highest growth in Latin America between 2015 and 2018. In that period, Konfío's revenue grew 185.7 percent per year, based on its compound annual growth rate (CAGR). ComparaGuru.com, another Mexican fintech platform, ranked second with a CAGR of 109 percent.

Fastest growing companies in Mexico between 2015 and 2018, based on revenue compound annual growth rate

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Sources

Release date

April 2020

Region

Mexico

Survey time period

Between 2015 and 2018

Special properties

Only among companies with headquarters in Mexico*

Supplementary notes

* To be included in the list of the Americas’ fastest-growing companies, a company had to meet the following criteria:

• Revenue of at least $100,000 generated in 2015 (or currency value equivalent according to the average of the actual fiscal year).
• Revenue of at least $1.5m generated in 2018 (or currency value equivalent according to the average of the actual fiscal year).
• The minimum CAGR required to be included in the ranking this year was 18.2 per cent.
• The company is independent (the company is not a subsidiary or branch office of any kind).
• The revenue growth between 2015 and 2018 was primarily organic (i.e. “internally” stimulated).
• The company is headquartered in one of 20 American countries: Argentina, Belize, Bolivia, Brazil, Canada, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, the U.S., Uruguay, Venezuela.
More methodological information can be found here.

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Statistics on "Fintech in Mexico"

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