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Distribution of fintech startups in Latin America in 2023, by business segment

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Sources

Release date

June 2024

Region

Latin America and the Caribbean

Survey time period

2023

Number of respondents

3,069 fintech startups

Citation formats

Share of fintechs in Latin America 2023, by segment

Published by ÌÇÐÄÆƽâ°æ Research Department, Jul 23, 2024

The payments and remittances segment accounted for approximately ** percent of all fintech startups in Latin America in 2023, making it the largest fintech segment in the region. Lending ranked second, with ** percent of the companies in the region. Crowdfunding and open finance were the segments with the smallest share of fintechs. 

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Topics

Fintech in Latin AmericaEnvironment in Latin AmericaBanking industry in Latin AmericaHotels in Latin AmericaMobile banking in the U.S.
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