The number of fintechs grew significantly in all major Latin American countries between 2017 and 2023, but Brazil saw the number of fintechs decrease notably in 2023. During the observed period, Brazil was the leading country, with the number of fintechs increasing from 230 in 2017 to 722 in 2023. Mexico had the second-highest number of fintechs operating in the region.
Growth of fintechs in Latin America between 2017 and 2023, by country
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Inter-American Development Bank. (June 20, 2024). Growth of fintechs in Latin America between 2017 and 2023, by country [Graph]. In Statista. Retrieved February 18, 2025, from https://www.statista.com/statistics/1341094/growth-fintech-latin-america/?__sso_cookie_checker=failed
Inter-American Development Bank. "Growth of fintechs in Latin America between 2017 and 2023, by country." Chart. June 20, 2024. Statista. Accessed February 18, 2025. https://www.statista.com/statistics/1341094/growth-fintech-latin-america/?__sso_cookie_checker=failed
Inter-American Development Bank. (2024). Growth of fintechs in Latin America between 2017 and 2023, by country. Statista. Statista Inc.. Accessed: February 18, 2025. https://www.statista.com/statistics/1341094/growth-fintech-latin-america/?__sso_cookie_checker=failed
Inter-American Development Bank. "Growth of Fintechs in Latin America between 2017 and 2023, by Country." Statista, Statista Inc., 20 Jun 2024, https://www.statista.com/statistics/1341094/growth-fintech-latin-america/?__sso_cookie_checker=failed
Inter-American Development Bank, Growth of fintechs in Latin America between 2017 and 2023, by country Statista, https://www.statista.com/statistics/1341094/growth-fintech-latin-america/?__sso_cookie_checker=failed (last visited February 18, 2025)
Growth of fintechs in Latin America between 2017 and 2023, by country [Graph], Inter-American Development Bank, June 20, 2024. [Online]. Available: https://www.statista.com/statistics/1341094/growth-fintech-latin-america/?__sso_cookie_checker=failed