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Distribution of local fintech businesses in Mexico in 2023, by reported annual revenue (in U.S. dollars)

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Source

Release date

February 2024

Region

Mexico

Survey time period

2023

Special properties

771 fintech companies

Supplementary notes

Figures refer to local fintech companies. 

Citation formats

Distribution of fintechs in Mexico 2023, by revenue

Published by ÌÇÐÄÆƽâ°æ Research Department, Apr 5, 2024

In 2023, the majority of fintechs in Mexico reported annual revenues between ** and ** U.S. dollars. The share of fintechs decreased on higher revenue ranges: While ** percent of the fintech businesses reported revenues ranged from **** to U.S. dollars, only **** percent had an annual revenue ranged between ** and U.S. dollars. In 2023, there were over than 700 fintechs operating in Mexico, the majority of them focusing on lending and payments.

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