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Radares

The number of Chilean Fintech startups has experienced an average annual growth rate of 29.5% since 2019, reaching a total of 300.

11 October 2023

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Fintech Radar Chile

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  • The number of Chilean Fintech startups has experienced an average annual growth rate of 29.5% since 2019, reaching a total of 300.

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.

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