In 2020, payment methods accounted for 16 percent of all fintech startups operating in Brazil, making it the second leading segment for fintech startups in the South American country. The most important segment among fintech companies was lending, financing, and currency trading with 21 percent of all fintech initiatives.
Distribution of fintech startups in Brazil in 2020, by business segment
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Associação Brasileira de Fintechs. (January 14, 2021). Distribution of fintech startups in Brazil in 2020, by business segment [Graph]. In Statista. Retrieved May 24, 2022, from https://www.statista.com/statistics/739789/fintech-brazil/
Associação Brasileira de Fintechs. "Distribution of fintech startups in Brazil in 2020, by business segment." Chart. January 14, 2021. Statista. Accessed May 24, 2022. https://www.statista.com/statistics/739789/fintech-brazil/
Associação Brasileira de Fintechs. (2021). Distribution of fintech startups in Brazil in 2020, by business segment. Statista. Statista Inc.. Accessed: May 24, 2022. https://www.statista.com/statistics/739789/fintech-brazil/
Associação Brasileira de Fintechs. "Distribution of Fintech Startups in Brazil in 2020, by Business Segment." Statista, Statista Inc., 14 Jan 2021, https://www.statista.com/statistics/739789/fintech-brazil/
Associação Brasileira de Fintechs, Distribution of fintech startups in Brazil in 2020, by business segment Statista, https://www.statista.com/statistics/739789/fintech-brazil/ (last visited May 24, 2022)