Key risks for fintech companies in Paraguay

In 2019, three out of 10 fintech companies in Paraguay saw the most risk in changing customer loyalty from traditional financial institutions. Meanwhile, around 20 percent of startups perceived considerable risk from external cyber-attacks and fraud. That year, around one fourth of fintech companies in the South American country provided solutions for digital payments.

Key risk factors of fintech companies in Paraguay in 2019

Characteristic	Share of fintechs
-	-
-	-
-	-
-	-
-	-
-	-

Download

Source

Show detailed source information?

Already a member?

Sources

Use Ask Statista Research Service

Release date

August 2020

More information

Region

Paraguay, LAC

Survey time period

2019

Number of respondents

36 companies

Special properties

it includes 33 fintech companies that are based in Paraguay, and three international fintechs that have transactions in Paraguay

Supplementary notes

The source add the following information: "The study has included 36 fintech companies, including detailed primary data on 30 companies, and secondary information on remaining companies. With this number of companies participating, the study provides data that is statistically fully a representative overview of the fintech sector in Paraguay."

Citation formats