Fintech in Latin America - statistics & facts
Fintech had a challenging year in 2023, with global investment activity declining sharply. Latin America was no exception to this trend, experiencing a notable slowdown in fintech investments. In 2023, the value of venture capital investment targeted at fintech businesses was less than two billion U.S. dollars, down from over six billion U.S. dollars just two years earlier. Despite this, the number of fintech companies in the region continues to rise. Brazil stands out as the primary fintech hub in the region, driving much of the innovation and growth.
