{ "slug": "latam-fintech", "name": "Latin America Fintech", "updated": "2026-09-21", "page": "https://godofstartups.com/atlas/markets/latam-fintech", "license": "https://creativecommons.org/licenses/by/4.0/", "facts": [ { "metric": "Latin America and Caribbean firm investment financing mix", "value": "internally 66.8%; banks 19.1%; supplier/customer credit 6.3%; equity or stock sales 4.8%; other financing 3.1%", "unit": "average percent of investment financing", "geo": "Latin America & Caribbean", "period": "latest available Enterprise Surveys year", "tier": 1, "status": "ready", "url": "https://extdataportal.worldbank.org/api/esapi/CustomQuery/GetCustomQueryData?lang=en" }, { "metric": "Latin America and Caribbean loan application decision time", "value": "31.1", "unit": "average days to receive a decision on loan application", "geo": "Latin America & Caribbean", "period": "latest available Enterprise Surveys year", "tier": 1, "status": "ready", "url": "https://extdataportal.worldbank.org/api/esapi/CustomQuery/GetCustomQueryData?lang=en" }, { "metric": "Main challenges reported by Latin America and Caribbean fintech firms", "value": "scalability 41%; access to financing 19%", "unit": "percent of surveyed firms", "geo": "Latin America and the Caribbean", "period": "November-December 2023", "tier": 1, "status": "ready", "url": "https://www.iadb.org/en/news/study-fintech-ecosystem-latin-america-and-caribbean-exceeds-3000-startups" }, { "metric": "Share of Pix payments made by individuals aged 19 or under, Brazil", "value": "6.18", "unit": "percent", "geo": "BR", "period": "2026-08", "tier": 1, "status": "ready", "url": "https://olinda.bcb.gov.br/olinda/servico/Pix_DadosAbertos/versao/v1/odata/EstatisticasTransacoesPix(Database=@Database)?@Database='202506'&$format=json" }, { "metric": "Average Pix ticket paid by individuals aged 19 or under, Brazil", "value": "64.95", "unit": "BRL", "geo": "BR", "period": "2026-08", "tier": 1, "status": "ready", "url": "https://olinda.bcb.gov.br/olinda/servico/Pix_DadosAbertos/versao/v1/odata/EstatisticasTransacoesPix(Database=@Database)?@Database='202506'&$format=json" }, { "metric": "Share of Pix transactions initiated by dynamic QR code, Brazil", "value": "43.91", "unit": "percent", "geo": "BR", "period": "2026-08", "tier": 1, "status": "ready", "url": "https://olinda.bcb.gov.br/olinda/servico/Pix_DadosAbertos/versao/v1/odata/EstatisticasTransacoesPix(Database=@Database)?@Database='202506'&$format=json" }, { "metric": "Share of Pix transaction count that is person-to-business (P2B), Brazil", "value": "46.64", "unit": "percent", "geo": "BR", "period": "2026-08", "tier": 1, "status": "ready", "url": "https://olinda.bcb.gov.br/olinda/servico/Pix_DadosAbertos/versao/v1/odata/EstatisticasTransacoesPix(Database=@Database)?@Database='202506'&$format=json" }, { "metric": "Accepted Pix fraud claims per 100,000 transactions, Brazil", "value": "4.236", "unit": "claims per 100 thousand transactions", "geo": "BR", "period": "2026-04", "tier": 1, "status": "ready", "url": "https://olinda.bcb.gov.br/olinda/servico/Pix_DadosAbertos/versao/v1/odata/EstatisticasFraudesPix(Database=@Database)?@Database='202506'&$format=json" }, { "metric": "Real annual growth of performing bank credit to non-financial companies and individuals with business activity, Mexico", "value": "-0.7", "unit": "percent", "geo": "MX", "period": "2026-03", "tier": 1, "status": "ready", "url": "https://www.banxico.org.mx/publicaciones-y-prensa/agregados-monetarios-y-actividad-financiera/%7BF9A1B2A0-5C3E-C206-A627-5EB3950EAAA4%7D.pdf" }, { "metric": "Outstanding performing bank credit to non-financial companies and individuals with business activity, Mexico", "value": "3775.4", "unit": "MXN billion", "geo": "MX", "period": "2026-03", "tier": 1, "status": "ready", "url": "https://www.banxico.org.mx/publicaciones-y-prensa/agregados-monetarios-y-actividad-financiera/%7BF9A1B2A0-5C3E-C206-A627-5EB3950EAAA4%7D.pdf" }, { "metric": "Average value of one cash withdrawal, Brazil", "value": "783.61", "unit": "BRL", "geo": "BR", "period": "2025-Q4", "tier": 1, "status": "ready", "url": "https://olinda.bcb.gov.br/olinda/servico/MPV_DadosAbertos/versao/v1/odata/MeiosdePagamentosTrimestralDA(trimestre=@trimestre)?@trimestre='20191'&$format=text/csv" }, { "metric": "Account ownership among young adults ages 15-24, Brazil", "value": "84.3933437415226", "unit": "percent", "geo": "BR", "period": "2024", "tier": 1, "status": "ready", "url": "https://api.worldbank.org/v2/country/BRA/indicator/account.t.d.3?source=28&format=json&per_page=100&date=2024" }, { "metric": "Average cost of sending remittances from Brazil (outbound)", "value": "4.60", "unit": "percent", "geo": "Brazil", "period": "2023", "tier": 1, "status": "ready", "url": "https://data.worldbank.org/indicator/SI.RMT.COST.OB.ZS?locations=BR" }, { "metric": "Latin America and Caribbean fintech venture-capital participation after market contraction", "value": "US$7.8bn in 2022; fintech 43% of total venture capital investment", "unit": "US dollars and percent of venture capita", "geo": "Latin America and the Caribbean", "period": "2021-2022", "tier": 1, "status": "ready", "url": "https://www.iadb.org/en/news/study-fintech-ecosystem-latin-america-and-caribbean-exceeds-3000-startups" }, { "metric": "Latin America and Caribbean social-program beneficiaries receiving benefits digitally", "value": "40% in 2014 to 80% in 2021", "unit": "percent of social-program beneficiaries", "geo": "Latin America and the Caribbean", "period": "2014-2021", "tier": 1, "status": "ready", "url": "https://www.iadb.org/en/blog/research-development/beyond-cash-digital-payments-revolution-latin-america-and-caribbean" }, { "metric": "Total early-stage funding, Sao Paulo startup ecosystem", "value": "1.7", "unit": "USD billion", "geo": "BR", "period": "H2 2023-2025", "tier": 2, "status": "proxy", "url": "https://startupgenome.com/ecosystems/sao-paulo" }, { "metric": "Median Series A round size, Mexico City startup ecosystem", "value": "8.4", "unit": "USD million", "geo": "MX", "period": "H2 2023-2025", "tier": 2, "status": "proxy", "url": "https://startupgenome.com/ecosystems/mexico-city" }, { "metric": "Regional (Latin America) median seed round size benchmark", "value": "426", "unit": "USD thousand", "geo": "LATAM", "period": "H2 2023-2025", "tier": 2, "status": "proxy", "url": "https://startupgenome.com/ecosystems/sao-paulo" }, { "metric": "Median seed round size, Sao Paulo startup ecosystem", "value": "656", "unit": "USD thousand", "geo": "BR", "period": "H2 2023-2025", "tier": 2, "status": "proxy", "url": "https://startupgenome.com/ecosystems/sao-paulo" }, { "metric": "Ecosystem value growth, Mexico City startup ecosystem", "value": "205", "unit": "percent", "geo": "MX", "period": "H2 2018-2020 vs H2 2023-2025", "tier": 2, "status": "proxy", "url": "https://startupgenome.com/ecosystems/mexico-city" } ], "note": "status: ready = two or more independent sources or an official series; proxy = one source; context = macro background, not a validation figure." }