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Latin America Fintech Digital Remittances Market Size | 2019-2032

Latin America Fintech Digital Remittances Market Size and Forecast by Transfer Channel, End Users, Industry, Remittance Type, Transaction Purpose, and Region: Statistics | 2019-2032

Report Format:     | Pages: 160+
Type: Niche Industry Monitor | ID: FIN4458  | Publication: August 2024  |  US$925  |  

Latin America Fintech Digital Remittances Market Growth and Performance

  • The fintech digital remittances market in Latin America witnessed YoY growth of 15.7% and reached US$ 4.05 Billion in 2023.
  • The Latin America fintech digital remittances industry is poised to experience a CAGR of 29.3% throughout the forecast period to amount to US$ 37.78 Billion by 2032.
  • In the region, the healthcare sector is projected to emerge as leading segment in the fintech digital remittances market, with a healthy CAGR.
  • In comparison to other countries, fintech digital remittances market in Brazil is expected to generate the highest revenue in 2023.

Latin America Fintech Digital Remittances Market Outlook

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032
 

Research Scope

Transfer Channel

Bank Transfer

Mobile and Online Transfer

Agent-Based Transfer

Cryptocurrency Transfer

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

Remittance Type

Domestic Remittances

International Remittances

Transaction Purpose

Personal Transfers

Business Transactions

 

Latin America Fintech Digital Remittances Industry: Country Coverage

 

Countries

Latin America

Brazil

Peru

Colombia

Chile

Rest of Latin America

 

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