Mexico: fintech adoption rate 2017-2019

The fintech adoption rate among Mexican online users has doubled since 2017. Fintech adoption represents the share of digitally active people who used two or more fintech services in the previous six months. In 2017, the fintech adoption rate in Mexico stood at 36 percent, and the survey results in 2019 showed it rose to 72 percent.

Fintech adoption rate in Mexico in 2017 and 2019

Adoption rate
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Source

Release date

June 2019

Region

Mexico

Survey time period

2017 and 2019

Number of respondents

Approx. 27,000 respondents**

Age group

18 years and older

Method of interview

Online survey

Supplementary notes

* Figure retrieved from an earlier edition of the publication.
** 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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Statistics on "Fintech in Mexico"

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