Finnovista identifies in this latest edition of the Finnovista Fintech Radar Colombia 90 new startups in the country. In this latest period analyzed, 50 Colombian startups ceased operations, which represents a mortality rate of 17.9% in 2022.

The Lending segment is the leader in the Fintech services offering, with 103 startups covering almost 27.9% of the sector.

With a sample of 114 startups, representing 31% of all Fintechs in Colombia, almost 30% have been identified as highlighting Colombia's strong regulatory framework as an important advantage, providing a stable base for them.