Latin America Fintech Digital Investment Market Size and Forecast by Type, End Users, Industry, Transaction Types, and Region: Statistics | 2019-2033

Latin America Fintech Digital Investment Outlook

The Latin America fintech digital investment market is witnessing an accelerated transformation, driven by a convergence of regulatory innovation, technological adoption, and increasing demand for inclusive financial services. According, to Aabhas Acharya (Manager – BFSI), the region is projected to surpass $10.74 billion in market size by 2033, countries like Chile, Peru, Brazil, and Argentina are emerging as strategic fintech hubs that are redefining digital finance at scale. This upward momentum is supported by a compound annual growth rate (CAGR) of approximately 37.4%, underpinned by targeted policy reforms, cross-border capital influx, and a maturing ecosystem of agile, high-impact startups.

In Chile, the fintech sector has evolved from a fragmented ecosystem into a structured, opportunity-rich landscape. Over 485 fintech startups are now operational, with 28% being foreign-led—a signal of the country’s rising appeal for international fintech investment. The enactment of the 2023 Fintech Law introduced a standardized regulatory framework, strengthening consumer trust and institutional support for innovation. Chilean companies such as Toku, a Santiago-based billing automation platform, exemplify the region's startup vigor. Following a record-breaking $39 million Series A raise, Toku expanded into Brazil and Mexico, supporting digital transactions in education, lending, and insurance. Its Stripe-inspired yet regionally adapted model addresses fragmented payment ecosystems across Latin America, showcasing the scalability of Chilean fintech models.

The rise of enterprise financial tools such as Xepelin, which enables SMEs to manage working capital and cash flow as a “digital CFO,” along with Fintual, an automated wealth management platform overseeing $1.2 billion in assets, underlines the market's sophistication and B2B orientation. Indeed, 64% of Chilean fintechs today serve business clients, mirroring the continent’s broader push towards digital transformation in enterprise finance. Complementing this trend is the increasing use of AI, blockchain, and big data—technologies leveraged by over 54% of firms in the market, ensuring long-term innovation alignment with global standards. These developments were echoed at the 2024 Fintech Forum Chile, attended by more than 3,000 stakeholders, where industry leaders discussed regulatory harmonization and digital asset innovation.

Peru’s fintech trajectory, though more recent, reflects similar themes of growth and inclusion. With 346 fintechs now active—44.2% of which are foreign—the country is successfully blending domestic innovation with international best practices. The reduced exit rate (12% in 2024) signals growing ecosystem resilience. Lending platforms, especially those targeting underserved micro-markets, have grown by 22% year-on-year. The Cuenta DNI initiative, a government-backed digital bank account program, has enabled 2 million previously unbanked citizens to participate in the formal economy. Foreign players like Prex and Trii have also contributed to Peru’s fintech evolution, introducing user-friendly investment platforms and prepaid card services.

In Brazil, Latin America largest fintech market by volume and valuation, the digital investment landscape is defined by sheer scale and market penetration. Brazil boasts over 1,250 fintech startups as of 2024, with more than $2.3 billion in VC funding flowing into the sector last year alone. Companies like Nubank, now one of the world’s largest digital banks, illustrate the power of user-centric design in building trust and adoption among digitally underserved populations. Regulatory developments such as the Open Banking initiative and the Pix instant payment system, launched by the Central Bank, have been game-changers. Pix alone now processes over 150 million transactions per day, dramatically reducing barriers to real-time finance. These infrastructure reforms are increasingly attracting cross-border collaborations, including recent partnerships with Chilean and Argentine fintechs to build pan-regional solutions for SMBs.

Argentina, amid economic volatility, has emerged as a fintech resilience case study. With over 300 startups as of 2024, the sector has found strength in its adaptability. Digital wallet usage is surging—over 60% of the bankable population uses platforms like Ualá and Mercado Pago for savings, payments, and micro-investments. The regulatory sandbox framework introduced by the Argentine government has further enabled fintech experimentation while maintaining consumer safeguards. Notably, Argentine-born companies are scaling abroad, with firms like Buenbit and Ripio playing an active role in Latin America's crypto-finance ecosystem. As dollarization persists in the informal economy, crypto-based fintech services have become essential tools for financial preservation and access.

Expert voices across the region emphasize that fintech success in Latin America is deeply tied to solving practical issues—whether it's bridging financial access gaps, simplifying cross-border payments, or creating low-cost digital investment pathways. “The key to sustainable fintech growth in Latin America lies in building interoperable, user-first platforms that understand regional nuances,” notes Jayson Gomes (Manager – Fintech). “Countries like Chile and Brazil are showing how regulatory agility and technological maturity can coexist to scale impact.”

Going forward, Latin America fintech digital investment market will hinge on cross-country collaboration, B2B digitization, and sustained regulatory modernization. Governments are playing a critical role, not just as regulators but also as ecosystem enablers, pushing forward digital infrastructure and financial inclusion mandates. With growing investor appetite, rising digital literacy, and an entrepreneurial culture that thrives under pressure, the region is well-positioned to become a global benchmark for inclusive and resilient fintech innovation.

Authors: Aabhas Acharya (Manager – BFSI), Jayson Gomes (Manager – Fintech)

*Research Methodology: This report is based on DataCube’s proprietary 3-stage forecasting model, combining primary research, secondary data triangulation, and expert validation. [Learn more]

Latin America Fintech Digital Investment Market Scope

Latin America Fintech Digital Investment Industry: Country Coverage