Latin America Fintech Digital Payment Market Size | 2019-2032

Latin America Fintech Digital Payment Market Size and Forecast by Type, End Users, Industry, Payment Method, Transaction Value, Transaction Types, and Region: Statistics | 2019-2032

Report Format:     | Pages: 160+
Type: Niche Industry Monitor | ID: FIN446  | Publication: August 2024  |  US$745  |  

Latin America Fintech Digital Payment Market Growth and Performance


  • The fintech digital payment market in Latin America witnessed YoY growth of 25.7% and reached US$ 305.52 Billion in 2023.
  • The Latin America fintech digital payment industry is poised to experience a CAGR of 51.1% throughout the forecast period to amount to US$ 10.74 Trillion by 2032.
  • In the region, the healthcare sector is projected to emerge as leading segment in the fintech digital payment market, with a healthy CAGR.
  • In comparison to other countries, fintech digital payment market in Brazil is expected to generate the highest revenue in 2023.

Latin America Fintech Digital Payment Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032

 

Research Scope

Type

Fintech Digital Commerce Market

Fintech Mobile POS Payments Market

Fintech Digital Remittances Market

End Users

Individual Consumers

SMEs

Medium-sized Enterprises

Large Enterprises

Industry

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other

Payment Method

Credit Cards

Debit Cards

Bank Transfers

Digital Wallets

Cryptocurrencies

Prepaid Cards

Buy Now, Pay Later (BNPL)

Transaction Value

Micro Payments

Small Payments

Medium Payments

Large Payments

Transaction Types

Business-to-Consumer (B2C)

Business-to-Business (B2B)

Consumer-to-Consumer (C2C)

Consumer-to-Business (C2B)

 

Latin America Fintech Digital Payment Industry: Country Coverage

 

Countries

Latin America

Brazil

Peru

Colombia

Chile

Rest of Latin America

 

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