Out of 771 fintech companies identified in Mexico in 2023, the sector of lending made up the biggest market share, with 25 percent. This was equivalent to 165 fintechs in the lending sector. Payments and remittances followed, with roughly 18 percent of the market share.
Distribution of local fintech businesses in Mexico in 2023, by sector
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Statista. (February 29, 2024). Distribution of local fintech businesses in Mexico in 2023, by sector [Graph]. In Statista. Retrieved February 15, 2025, from https://www.statista.com/statistics/877662/mexico-start-up-share-financial-technology/?__sso_cookie_checker=failed
Statista. "Distribution of local fintech businesses in Mexico in 2023, by sector." Chart. February 29, 2024. Statista. Accessed February 15, 2025. https://www.statista.com/statistics/877662/mexico-start-up-share-financial-technology/?__sso_cookie_checker=failed
Statista. (2024). Distribution of local fintech businesses in Mexico in 2023, by sector. Statista. Statista Inc.. Accessed: February 15, 2025. https://www.statista.com/statistics/877662/mexico-start-up-share-financial-technology/?__sso_cookie_checker=failed
Statista. "Distribution of Local Fintech Businesses in Mexico in 2023, by Sector." Statista, Statista Inc., 29 Feb 2024, https://www.statista.com/statistics/877662/mexico-start-up-share-financial-technology/?__sso_cookie_checker=failed
Statista, Distribution of local fintech businesses in Mexico in 2023, by sector Statista, https://www.statista.com/statistics/877662/mexico-start-up-share-financial-technology/?__sso_cookie_checker=failed (last visited February 15, 2025)
Distribution of local fintech businesses in Mexico in 2023, by sector [Graph], Statista, February 29, 2024. [Online]. Available: https://www.statista.com/statistics/877662/mexico-start-up-share-financial-technology/?__sso_cookie_checker=failed