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Latin America: share of startups 2020, by industry

As of August 2020, around 29 percent of the startups operating in Latin America belonged to the financial technology (FinTech) sector. Property technology (PropTech) ranked second, accounting for nine percent of the new businesses in the region. As of May 2019, Mexico was the leading Latin American country in number of fintech startups, with 394 enterprises.

Distribution of startups in Latin America in 2020, by industry

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Source

Release date

August 2020

Region

LAC

Survey time period

as of August 2020

Supplementary notes

* Figures calculated by Statista based on the data provided by the source, assuming a total of 100 percentage points.

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