Finnovista Fintech Radar

• A total of 153 foreign startups are operating in Peru’s Fintech market, where they are finding opportunities to offer solutions that are contributing to the transformation of finance in the country.
• The number of local Fintechs remains at 193 since the previous mapping, making a total of 346 Fintech startups in Peru, between foreign and local.
• Thirty-six percent of women hold management positions in Peruvian Fintechs, a figure that has improved from the previous period and places Peru at the level of other countries in the region in terms of inclusion.

Lima, December 13, 2024. – Finnosummit, the leading platform for Latin America’s Fintech ecosystem that drives and connects innovators and key industry players to transform finance and create a better world through events, startup programs, publications and high-impact research and networking, revealed the results of the new edition of the Finnovista Fintech Radar Peru 2024, in alliance with Mastercard, a leading technology company in the global payments industry; and Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc. (NASDAQ: SOFI).

Since its launch in 2016, the Finnovista Fintech Radar, now conducted by Finnosummit, has become the most relevant independent research reports in the region on the growth and analysis of the Fintech entrepreneurial ecosystem and the latest trends in the industry. The new update for Peru has identified that the country is home to 153 startups, for a total of 346 Fintech startups. The foreign Fintech market in Peru drives the growth of Fintech offerings for both companies and individuals with a special emphasis on financial inclusion.