Money transfer and payment platforms were the most used type of fintech service in Brazil in 2019. Fintech adoption represents the share of digitally active people who used two or more fintech services in the previous six months. In 2019, the fintech adoption rate in Brazil stood at 64 percent, with money transfers and payments showing the highest user penetration (77 percent).
Fintech adoption rates in Brazil in 2019, by type of service
* Total number of respondents in 27 markets in 2019.
The source defines adoption rate as: "Percentage of digitally active people who used at least two fintech services in the last six months."
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EY. (September 30, 2019). Fintech adoption rates in Brazil in 2019, by type of service [Graph]. In Statista. Retrieved December 06, 2024, from https://www.statista.com/statistics/898799/fintech-adoption-rates-brazil-service-type/
EY. "Fintech adoption rates in Brazil in 2019, by type of service." Chart. September 30, 2019. Statista. Accessed December 06, 2024. https://www.statista.com/statistics/898799/fintech-adoption-rates-brazil-service-type/
EY. (2019). Fintech adoption rates in Brazil in 2019, by type of service. Statista. Statista Inc.. Accessed: December 06, 2024. https://www.statista.com/statistics/898799/fintech-adoption-rates-brazil-service-type/
EY. "Fintech Adoption Rates in Brazil in 2019, by Type of Service." Statista, Statista Inc., 30 Sep 2019, https://www.statista.com/statistics/898799/fintech-adoption-rates-brazil-service-type/
EY, Fintech adoption rates in Brazil in 2019, by type of service Statista, https://www.statista.com/statistics/898799/fintech-adoption-rates-brazil-service-type/ (last visited December 06, 2024)
Fintech adoption rates in Brazil in 2019, by type of service [Graph], EY, September 30, 2019. [Online]. Available: https://www.statista.com/statistics/898799/fintech-adoption-rates-brazil-service-type/