In 2023, the majority of fintechs in Mexico reported annual revenues between 500,000 and five million U.S. dollars. The share of fintechs decreased on higher revenue ranges: While 11 percent of the fintech businesses reported revenues ranged from five to 15 million U.S. dollars, only five percent had an annual revenue ranged between 15 and 50 million U.S. dollars. In 2023, there were over thanĀ 700 fintechs operating in Mexico, the majority of them focusing on lending and payments.
Distribution of local fintech businesses in Mexico in 2023, by reported annual revenue
(in U.S. dollars)
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Finnovista. (February 29, 2024). Distribution of local fintech businesses in Mexico in 2023, by reported annual revenue (in U.S. dollars) [Graph]. In Statista. Retrieved December 04, 2024, from https://www.statista.com/statistics/1316738/mexico-share-of-fintechs-by-revenue/
Finnovista. "Distribution of local fintech businesses in Mexico in 2023, by reported annual revenue (in U.S. dollars)." Chart. February 29, 2024. Statista. Accessed December 04, 2024. https://www.statista.com/statistics/1316738/mexico-share-of-fintechs-by-revenue/
Finnovista. (2024). Distribution of local fintech businesses in Mexico in 2023, by reported annual revenue (in U.S. dollars). Statista. Statista Inc.. Accessed: December 04, 2024. https://www.statista.com/statistics/1316738/mexico-share-of-fintechs-by-revenue/
Finnovista. "Distribution of Local Fintech Businesses in Mexico in 2023, by Reported Annual Revenue (in U.S. Dollars)." Statista, Statista Inc., 29 Feb 2024, https://www.statista.com/statistics/1316738/mexico-share-of-fintechs-by-revenue/
Finnovista, Distribution of local fintech businesses in Mexico in 2023, by reported annual revenue (in U.S. dollars) Statista, https://www.statista.com/statistics/1316738/mexico-share-of-fintechs-by-revenue/ (last visited December 04, 2024)
Distribution of local fintech businesses in Mexico in 2023, by reported annual revenue (in U.S. dollars) [Graph], Finnovista, February 29, 2024. [Online]. Available: https://www.statista.com/statistics/1316738/mexico-share-of-fintechs-by-revenue/