拉丁美洲金融科技行业市场前景及投资研究报告-外文版培训课件2024.7temu

DIGITAL

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TRENDSFintechinLatinAmericaCHAPTER

01OverviewNumberoffintechsinLatinAmericafrom2017to2023NumberoffintechsinLatinAmerica2017-20233,5003,0693,0002,4822,5002,0001,5001,0005001,8301,1662018703020172020202120234Description:ThenumberoffintechsinLatinAmericaandtheCaribbeanincreasedsignificantlybetween2017and2023,withacompoundannualgrowthrate(CAGR)of28percent.In2023,therewereatotalof3,069fintechcompaniesintheregion,upfrom2,482in2021.ReadmoreNote(s):LAC;2017to2023Source(s):Finnovista;Inter-AmericanDevelopmentBankNumberoffintechsinLatinAmericain2023,bycountryNumberoffintechsinLatinAmerica2023,bycountryNumberoffintechs0100200300400500600700800BrazilMexico722618ColombiaArgentinaChile409312305Peru163Ecuador93DominicanRepublicUruguay655248CostaRicaGuatemalaPanama343333Bahamas5Description:BrazilistheleadinghubforfintechinLatinAmerica,boastingthehighestnumberoffintechcompaniesintheregion,withatotalof722.FollowingBrazil,MexicoandColombiaemergedassignificantcontributorstothefintechlandscape,with618and409fintechs,respectively.ReadmoreNote(s):2023Source(s):FinnovistaGrowthoffintechsinLatinAmericabetween2017and2023,bycountryNumberoffintechsinLatinAmerica2017-2023,bycountryBrazilMexicoColombiaArgentinaChile900800700600500400300200100077151272261854744146440938027335731230527961792301802001127175158106148116848472652017201820192020202120236Description:ThenumberoffintechsgrewsignificantlyinallmajorLatinAmericancountriesbetween2017and2023,butBrazilsawthenumberoffintechsdecreasenotablyin2023.Duringtheobservedperiod,Brazilwastheleadingcountry,withthenumberoffintechsincreasingfrom230in2017to722in2023.Mexicohadthesecond-highestnumberoffintechsoperatingintheregion.ReadmoreNote(s):Argentina,Brazil,Chile,Colombia,Mexico;2017to2023Source(s):Finnovista;Inter-AmericanDevelopmentBank;LatamFintechNumberoffintechusersinLatinAmericain2023,bysegment(inmillionusers)NumberoffintechusersinLatinAmericain2023,bysegmentNumberofusersinmillions100

150050200250300DigitalpaymentsDigitalassets262.7662.51Neobanking58.74Digitalinvestment43.237Description:In2023,over427millionpeopleusedfintechinLatinAmericanandtheCaribbean.ThemajorityofusersinSouth-,CentralAmericaandtheCaribbean,over262million,useddigitalpaymentsin2023.Thesecond-largestsegmentoffintechusagewasdigitalassets,withmorethan62.5millionusers.ReadmoreNote(s):2023Source(s):DigitalMarketInsightsRevenueofthefintechindustryinLatinAmericafrom2017to2023,withforecastsfrom2024to2028FintechrevenueinLatinAmerica2017-2023,withforecaststo2028DigitalInvestmentDigitalAssets4,5004,0003,5003,0002,5002,0001,5001,00050002017201820192020202120222023202420252026202720288Description:Despiteaslightdropin2022,thefintechsector'srevenueinLatinAmericaincreasedsharplybetween2017and2023.In2023,thesector'srevenuewasestimatedatovertwobillionU.S.dollars,ofwhichdigitalassetsgeneratedroughly1.8billionU.S.dollars.Accordingtorevenueisforecasttoincreasefurtherinthefollowingyears,exceedingfourbillionU.S.dollarsin2028.ReadmoreNote(s):CentralandSouthAmerica;2017to2028Source(s):ShareofadultpopulationwhousemobilemoneyserviceinLatinAmericain2021,byselectedcountriesPopulationusingmobilemoneyservicesinLatinAmerica2021,byselectcountriesShareofrespondents0%5%10%15%20%25%30%35%40%37.7%ParaguayArgentinaVenezuelaBrazil35.08%30.31%26.96%ColombiaPeru21.77%14.34%Bolivia12.95%12.66%10.92%JamaicaElSalvadorHondurasDominicanRepublicNicaragua8.87%7.57%6.56%9Description:ParaguayandArgentinaweresomeofthecountrieswiththehighestusageofmobilemoneyservicesinLatinAmericaandtheCaribbeanin2021.Inthesecountries,morethan35percentofthepopulationaged15yearsorolderhadmobilemoneyaccounts.DominicanRepublicandNicaraguawerethecountrieswiththelowestshareofadultpopulationwithmobilemoneyaccounts.ReadmoreNote(s):AugusttoNovember2021;approx.1,000percountry;15yearsandolder;Entirecivilian,noninstitutionalizedpopulation;Thefiguresshownarefromaglobalsurveyheldevery3years.Thedatafor2021isthemostrecentavailableasofthemidof2022.Source(s):WorldBankCHAPTER

02FintechecosystemDistributionoffintechsinLatinAmericain2023,bycountryDistributionoffintechsinLatinAmericain2023,bycountryShareoffintechs0%5%10%15%20%25%BrazilMexico23.53%20.14%ColombiaArgentinaChile13.33%10.17%9.94%Peru5.31%Restoftheregion17.58%11/statistics/709946/fintech-latin-americaIn2023,BrazilaccountedforthehighestshareoffintechstartupsinLatinAmerica.Closeto24percentofallactivefintechstartupsintheobservedcountriesoperatedinBrazil.Mexicofollowed,withover20percentofthe3,069fintechsintheregion.ReadmoreNote(s):Argentina,Brazil,Chile,Colombia,Mexico,Peru;2023;3,069fintechsSource(s):Finnovista;Inter-AmericanDevelopmentBankNumberoffintechstartupsinLatinAmericain2023,bybusinesssegmentNumberoffintechsinLatinAmerica2023,bysegmentNumberoffintechs0100200300400500600591700PaymentsandremittancesLending632FinancialmanagementTechnologyforfinancialinstitutionsAssetmanagementPersonalfinancialmanagementInsurtech413368246208169RealestateservicesCryptocurrencies113110Digitalbanks94Crowdfunding6060Openfinance12Description:In2023,632fintechstartupsofferedsolutionsinthepaymentsandremittancessegmentinLatinAmerica,makingitthesegmentwiththehighestnumberofbusinessesintheregion.Thelendingsegmentfollowed,with591companies.ReadmoreNote(s):LAC;2023;3,069fintechstartupsSource(s):Finnovista;Inter-AmericanDevelopmentBankDistributionoffintechstartupsinLatinAmericain2023,bybusinesssegmentShareoffintechsinLatinAmerica2023,bysegmentShareoffintechs10%0%5%15%20%25%PaymentsandremittancesLending21%19%FinancialmanagementTechnologyforfinancialinstitutionsAssetmanagementPersonalfinancialmanagementInsurtech13%12%8%7%5%RealestateservicesCryptocurrencies4%4%Digitalbanks3%CrowdfundingOpenfinance2%2%13Description:Thepaymentsandremittancessegmentaccountedforapproximately21percentofallfintechstartupsinLatinAmericain2023,makingitthelargestfintechsegmentintheregion.Lendingrankedsecond,with19percentofthecompaniesintheregion.Crowdfundingandopenfinancewerethesegmentswiththesmallestshareoffintechs.ReadmoreNote(s):2023;3,069fintechstartupsSource(s):Finnovista;Inter-AmericanDevelopmentBankNumberoffintechsinsixemergingcountriesinLatinAmericafrom2017to2023,bycountryNumberoffintechsinemergingcountriesinLatinAmerica2017-2023PeruEcuadorDominicanRepublicCostaRicaUruguayGuatemala1801601401201008016313293655261573454604834321402820964020182021202314Description:WhilePeru,Ecuador,DominicanRepublic,CostaRica,Uruguay,andGuatemalaarenotamongtheleadingLatinAmericancountriesintermsofthenumberoffintechstartups,thenumberofbusinessesgrewsignificantlybetween2018and2023.Amongtheobservedcountries,Peruhadthehighestnumberoffintechsin2023.ReadmoreNote(s):CostaRica,DominicanRepublic,Ecuador,Guatemala,Peru,Uruguay;2023Source(s):Finnovista;Inter-AmericanDevelopmentBankCHAPTER

03InvestmentlandscapeValueofventurecapitalfintechinvestmentinLatinAmericafrom2016to2023(inmillionU.S.dollars)ValueofVCfintechinvestmentinLatinAmerica2016-20237,0006,0005,0004,0003,0002,0006,0933,3522,11820191,87420231,62920201,00007002672972016201720182021202216Description:In2023,thevalueofventurecapital(VC)investmenttargetedatfintechstartupsinLatinAmericaamountedtoroughly1.87billionU.S.dollars,asharpdecreasecomparedtothepreviousyear.VCinvestmentinfintechpeakedin2021,withaninvestmentvalueofoversixbillionU.S.dollars.ReadmoreNote(s):LAC;2014to2023Source(s):LAVCANumberofventurecapitalfintechdealsinLatinAmericafrom2014to2023NumberofVCfintechdealsinLatinAmerica2014-2023350300250200150100328258196166153145117614150034201420152016201720182019202020212022202317Description:ThenumberofventurecapitaldealstargetedatfintechstartupsinLatinAmericadroppedsharplyin2023,afteraperiodofgradualincreasebetween2014and2022.In2023,atotalof196fintechdealswereclosedinLatinAmerica,downfrom328ayearearlier.ReadmoreNote(s):LAC;2014to2023Source(s):LAVCAValueofventurecapital(VC)fintechinvestmentinselectedcountriesinLatinAmericain2023(inmillionU.S.dollars)ValueofVCfintechinvestmentinLatinAmerica2023,bycountryValueofinvestmentinmillionU.S.dollars0100200300400500600700BrazilMexico635431ColombiaChile95.149.6ArgentinaUruguayEcuador25.69.9418Description:In2023,BrazilwastheLatinAmericancountrywithbyfarthehighestvalueofinvestmentinfintech,withroughly635millionU.S.dollars.ItwasfollowedbyMexico,withfintechinvestmentsamountingto431millionU.S.dollarsthatyear.ReadmoreNote(s):LAC;2023Source(s):Dealroom.coFundingofselectedfintechcompaniesinLatinAmericaasofJuly2024(inmillionU.S.dollars)FundingofselectedfintechsinLatinAmerica2024FundinginmillionU.S.dollars400

60002008001,0001,200Creditas(Brazil)Konfio(Mexico)Ualá(Argentina)Covalto(Mexico)Addi(Colombia)dLocal(Uruguay)Bitso(Mexico)1,100706544521.3462.3357314.5Kushki(Uruguay)19419Description:AsofJuly2024,Creditasattractedinvestmentsamountingto1.1billionU.S.dollars.ThisonlinefinancialplatformisbasedinBrazilandspecializesinconsumerloans.Konfio,aMexico-basedfintechcompany,received706millionU.S.dollarsworthoffunding.ReadmoreNote(s):LAC;July2024Source(s):CrunchBase;ValueofthelargestfintechdealsinLatinAmericain1stquarter2024(inmillionU.S.dollars)LargestfintechdealsinLatinAmerica2024DealvalueinmillionU.S.dollars20

300Simetrik(Colombia)Beld(Colombia)Pomelo(Argentina)Addi(Colombia)Leasy(Peru)104050605550403628Avla(Chile)2525Yuno(Colombia)Prometeo(Argentina)Skyone(Brazil)1312H(Brazil)1020Description:SimetrikwasthelargestfintechdealinLatinAmericainthefirstquarterof2024.TheColombianfintechcompany,whichautomatesfinancialandaccountingcontrol,raised55millionU.S.dollarsinaSeriesBfundinground.ReadmoreNote(s):CentralandSouthAmerica;Q12024Source(s):FinTechGlobalCHAPTER

04OnlineandmobilebankingOnlinebankingpenetrationinLatinAmericafrom2019to2023,withforecastsfrom2024to2029OnlinebankingpenetrationinLatinAmerica2019-2023,withforecaststo20290.6%0.5%0.4%48.29%46.34%44.28%41.46%38.62%35.81%33%30.24%0.3%0.2%0.1%0%27.52%24.89%22.25%2019202020212022202320242025202620272028202922Description:OnlinebankingpenetrationinLatinAmericaincreasedgraduallybetween2019and2023.In2019,thepenetrationratestoodat22.25percent,whichincreasedto33percentin2023.Accordingtoincreasefurtherinthefollowingyears,reaching48.29percentin2029.ReadmoreonlinebankingpenetrationintheregionwillNote(s):CentralandSouthAmerica;2019to2023Source(s):WorldBankValueofcustomerdepositsatdigitalbanksinLatinAmericafrom2017to2023,withforecastsfrom2024to2029(inbillionU.S.dollars)DepositsatdigitalbanksinLatinAmerica2017-2023,withforecaststo20292,5002,126.882,003.352,0001,5001,0005001,898.261,769.591,624.231,415.131,139.68846581.792021341.732020189.872019106.19201859.15201702022202320242025202620272028202923Description:ThevalueofdepositsatdigitalbankinginstitutionsinLatinAmericaincreasedgraduallybetween2017and2023.Asof2023,thetotaldepositvaluewasestimatedat1.14trillionU.S.dollars.Accordingtothevalueofdepositsheldbydigitalbankswillincreasefurtherinthefollowingyears,exceedingtwotrillionU.S.dollarsin2028.ReadmoreNote(s):CentralandSouthAmerica;2017to2023Source(s):NetinterestincomeofdigitalbanksinLatinAmericafrom2017to2023,withforecastsfrom2024to2029(inbillionU.S.dollars)InterestincomeofdigitalbanksinLatinAmerica2017-2023,withforecaststo2029120100103.1195.8293.8191.9892.0589.883.880604020075.565.3748.8846.9231.91201824.1620172019202020212022202320242025202620272028202924Description:ThenetinterestincomeofdigitalbanksinLatinAmericawasestimatedat83.8billionU.S.dollarsin2023,upfrom75.5billionU.S.dollarsayearearlier.Accordingtothenetinterestincomeofdigitalbankinginstitutionswillincreasefurtherinthefollowingyears,reaching100billionU.S.dollarsin2029.ReadmoreNote(s):CentralandSouthAmerica;2017to2023Source(s):NumberofusersofselecteddigitalbanksinLatinAmericain2023(inmillions)NumberofusersatselecteddigitalbanksinLatinAmerica2023Numberofusersinmillions30

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50010206070809090100Nubank(October2023)PicPay(July2022)62BancoInter(December2023)Neon(September2023)C6Bank(August2023)Nequi(October2023)Yape(December2022)Ualá(June2023)30262517.5115Klar(August2023)2.4Albo(September2023)Heybanco(August2023)20.6525Description:In2023,NubankwasthedigitalbankwiththemostusersinLatinAmerica,amongthesolutionsdepicted.AsofOctober2023,around90millionpeopleadoptedtheBrazilianneobank.ItwasfollowedbyPicPay,with62millionusersasofJuly2022.BancoInterrankedthird,withroughly30millionusersattheendof2023.ReadmoreNote(s):2023Source(s):Varioussources(websites,reports,pressreleases)NumberofmobilebankingappdownloadsinMexicofrom1stquarter2019to4thquarter2023(inmillions)MobilebankingappdownloadsinMexico2019-2023211917151311975Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q42019

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202326Description:ThenumberofmobilebankingappdownloadsinMexicoincreasedsignificantlybetween2019and2023.Theaveragequarterlynumberofdownloadswaslessthan10millionin2019,whilein2023,thisnumberwasover17million.Inthelastquarterof2023,thenumberofmobilebankingappdownloadswasparticularlyhigh,exceeding18.5million.ReadmoreNote(s):Mexico;Q12019toQ42023Source(s):Data.aiNumberofmobilebankingappdownloadsinBrazilfrom1stquarter2019to4thquarter2023(inmillions)MobilebankingappdownloadsinBrazil2019-2023100908070605040Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q42019

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202327/statistics/1481752/brazil-mobile-banking-app-downloadsThenumberofmobilebankingappdownloadsinBrazilincreasedsignificantlybetween2019and2023,despiteadownwardtrendinrecentquarters.In2023,thequarterlynumberofmobilebankingappdownloadsexceeded,onaverage,75million.

ReadmoreNote(s):Brazil;Q12019toQ42023Source(s):Data.aiNumberofmobilebankingappdownloadsinArgentinafrom1stquarter2019to4thquarter2023(inmillions)MobilebankingappdownloadsinArgentina2019-20239.08.07.06.05.04.03.02.01.0Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q42019

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202328Description:ThenumberofmobilebankingappdownloadsinArgentinaincreasedslightlybetween2019and2023.Inthelastquarterof2023,mobilebankingappsweredownloadedroughly4.4milliontimes,thehighestnumberofdownloadssincethesecondquarterof2022.ReadmoreNote(s):Argentina;Q12019toQ42023Source(s):Data.aiCHAPTER

05DigitalpaymentsMarketshareofdigital/mobilewalletsintotale-commerceandPOStransactionvalueworldwidein2023withaforecastfor2027,byregionDigitalwalletshareine-commerceandPOSin2023witha2027forecast,byregionWorldwideAsiaPacificEuropeLatinAmericaMiddleEast&Africa77%NorthAmerica0.9%0.8%0.7%0.6%0.5%0.4%0.3%0.2%0.1%0%70%66%61%51%46%50%50%40%37%23%34%33%31%30%30%29%28%27%21%18%15%15%13%2023-E-commerce2023-POS2027-E-commerce2027-POS30Description:DigitalwalletsweresignificantlymoreusedinAsia-Pacificthaninotherpartsoftheworldin2023.Walletsaccountedforalmost70percentofe-commercepaymentsintheregion,morethanroughly20percentinbothLatinAmericaandMEA.Walletsaccountedforlessthanꢀhalfofglobale-commercepaymenttransactions,whichwillincreaseto61percentin2027.ReadmoreNote(s):Worldwide;March2024Source(s):GlobalData;IMF;McKinsey&Company;WorldBank;WorldpayDistributionofthee-commercetransactionvalueinselectedLatinAmericancountriesin2023,bypaymentmethodE-commercepaymentmethodbreakdowninLatinAmerica2023,bycountryDigitalWalletsCreditcardsDebitcards+PrepaidcardsAccount-to-Account(A2A)CashonDeliveryBuyNowPayLaterOthers1%0.9%0.8%0.7%0.6%0.5%0.4%0.3%0.2%0.1%0%ArgentinaBrazilChileColombiaMexicoPeru31Description:In2023,creditcardsconstitutedover30percentofalle-commercetransactionvalueinArgentina.InPeru,theyrepresentedapproximatelytenpercentofonlinetransactions.Furthermore,theinstantpaymentplatformPixhassurgedinpopularity,leadingtoasignificantriseinaccount-to-account(A2A)transfers,whichhavebecomethesecondmostfavorede-commercepaymentmethodinBrazil.ReadmoreNote(s):2023Source(s):GlobalData;IMF;McKinsey&Company;WorldBank;WorldpayNumberofcreditcardsinselectedLatinAmericancountriesfrom2018to2022(inmillions)Annualnumberofcreditcardsin8countriesinLatinAmerica2018-20222018201960.57226.917.1716.052.72202061.01257.5213.9914.620212022ArgentinaBrazil62.46184.3317.8915.292.6154.4754.17367.95431.13Chile--ColombiaCostaRicaDominicanRepublicMexico15.5316.172.45--2.542.662.45-28.02--29.69-27.467.3228.596.9527.686.32Peru32Description:Brazil'snumberofcreditincirculationfaroutrankedthosefoundinothercountriesinLatinAmerica.Itsroughly400millioncreditcardswasonlyfollowedbyArgentinawithapproximately54millioncards.BrazilalsoboaststhehighestcreditcardownershipinallofLatinAmerica.ReadmoreNote(s):2018to2022;Allfigureshavebeengatheredfromindividualsources,asLatinAmericadoesnotofferaunifieddatabasetolookupsuchinformation.Source(s):AnalistasFinancierosInternacionales;BancoCentraldeChile;BankforInternationalSettlements;BCCR;BCRA;CentralBankofBrazil;CentralBankoftheDominicanRepublic;Minsait;SuperintendenciaFinancieradeColombiaDistributionofpaymentcards-creditcardsordebitcards-andotheralternativedigitalpaymentmethodsine-commerceinLatinAmericain2023,bycountryCardandalternativepaymentshareine-commercein15countriesLatinAmerica2023EstimatedshareoftransactionvalueOther(alternative)digitalpaymentmethods20%

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40%Creditcardsand/ordebitcards0%10%50%60%70%80%90%100%11%13%14%16%18%EcuadorPanamaDominicanRepublicGuatemalaCostaRicaPeru89%87%86%84%82%21%79%25%25%BoliviaChileArgentinaUruguayMexicoParaguay75%75%32%32%68%68%34%34%66%66%33Description:Walletsandotheralternativepaymentmethodswereusedthemostine-commerceinColombiaandBrazil,whilepaymentcardsweremostoftenusedinEcuador.Thisisaccordingtoadistributionofe-commercespendingin15differentcountriesinLatinAmerica,separatedbycardsasopposedtoothernon-carddigitalpaymentmethods.The50percentmarketshareforalternativepaymentsinBrazilisduetothesizablegrowthofPix.LatinAmericansacrossmultiplecountriesuse(credit)[...]

ReadmoreNote(s):Argentina,Bolivia,Brazil,Chile,Colombia,CostaRica,DominicanRepublic,Ecuador,ElSalvador,Guatemala,Mexico,Panama,Paraguay,Peru,Uruguay;2023;thesourcelistedthefollowing"alternative"digitalpaymentmethods:Cashvouchers,digitalwallets,Pix,banktransfers,buynow,paylater(BNPL),and"othermethods"Source(s):PaymentsandCommerceMarketIntelligence(PCMI)(PCMIE-commerceDataLibrary)CHAPTER

06LeadingcompaniesLeadingbankingappsinLatinAmericabasedondownloadsin2023,bycountry(inmillions)KeybankingappsinLatinAmericabasedondownloads2023,bycountryAppBNA+Number

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millionsArgentinaBrazil3.7338.732.41NubankChileBancoEstadoColombiaDominicanRepublicEcuadorMexicoBancolombiaAlaManoScotiabank5.350.04PichinchaBancaMóvilBBVAMéxico2.3911.054.48PeruBancaMóvilBCP35Description:ThenumberofdownloadsofNubankwashigherthanthatofanyotherbankingappdownloadsintheobservedLatinAmericancountriesin2023.TheBrazilianneobankappwasdownloadedalmost40milliontimes.ThemostpopularbankingappinMexicowasBBVAMéxico,whichwasdownloadedmorethan11milliontimes.ReadmoreNote(s):LAC;2023Source(s):AppMagic;LeadingbankingappsinBrazilfrom1stquarter2015to2ndquarter2024,bynumberofdownloadsKeybankingappsinBrazil2015-2024,byquarterlydownloadsCAIXAPagBankNubankInterFGTSC6BankPicPayBancoPanBradescoSantanderWayBancodoBrasilNeonBancoItaúSantanderBrasiliti80,000,00070,000,00060,000,00050,000,00040,000,00030,000,00020,000,00010,000,000036Description:ThenumberofNubankdownloadsinBrazilwerehigherthananyotherbankingappdownloadsineveryquarterbetween2022and2024.Withthisincreasingtrend,Nubankbecamethebankingappwiththehighestnumberofoveralldownloadsbetween2015and2024.ReadmoreNote(s):Brazil;Q12015toQ22024Source(s):AppMagic;LeadingbankingappsinMexicofrom1stquarter2015to2ndquarter2024,bynumberofdownloadsKeybankingappsinMexico2015-2024,byquarterlydownloadsBBVAMexicoBanorteMovilAforeMóvilBancoAztecaBanCoppelHSBCMexicoCitibanamexMóvilMiTelcelHeyBanco*Supermóvil(SantanderMexico)NubankInbursaMóvil16,000,00014,000,00012,000,00010,000,0008,000,0006,000,0004,000,0002,000,000037Description:ThenumberofBBVAMexicoappdownloadswerehigherthananyotherbankingappdownloadsinMexiconotonlyinthesecondquarterof2024,butduringthewholeobservedperiod.BancoAztecafollowedbothintermsofquarterlyandoveralldownloads.Santander'sSuperMóvil,BanorteMobile,andBanCoppelwerealsoamongthefivemostwidelydownloadedbankingapps.ReadmoreNote(s):Mexico;Q12015toQ22024Source(s):AppMagic;MarketshareofVisa,Mastercard,AmericanExpress,DinersClubasgeneralpurposecardbrandsinLatinAmericafrom2009to2022,basedonnumberoftransactionsVisa,Mastercard,Amex,DiscovermarketshareagainsteachotherinLATAM2009-2022VisaMastercardAmericanExpressDiners/Discover1.2%1%1%0.3%0%2%0.2%1.7%0%2%1.4%1%1%1%1%1%1%3%2.3%6.5%8%8%8%7%7%7%30%0.8%0.6%0.4%0.2%0%29.3%42%40.7%40%30%31%33%41.6%32%34%36%67%62.9%200961%60%59%59%58%58%57.4%202156%55.8%201956%20122013201420152016201720182020202238Description:In2022,VisastillhadthemajorityofallgeneralpurposecardpaymentswithintheLatinAmericaregion-althoughitsmarketshareremainedrelativelyunchanged.Mastercardfollowed,accountingforabout40percentofthepurchasevolumeintheregionthatyear.Thisissomewhatofadeclineofitspositionasbetween2018and2019MasterCard'smarketshareincreasedinfavorofthatofAmericanExpress.In2022,BrazilwastheLatinAmericancountrywiththehighestnumberofcreditcards.

ReadmoreNote(s):2009to2022;figuresincludeinternationalcredit,debit,andprepaidcards.NotethatdomesticcardbrandsarenotincludedSource(s):TheNilsonReportLeadingpaymentcardprocessorsformerchants-merchantacquirers-inLatinAmericafrom2017to2021,basedonnumberoftransactionsprocessed(inbillions)BiggestmerchantacquirersLatinAmerica2017-2021,basedonnumberoftransactionsCielo(Brazil)Transbank(Chile)BBVA(Mexico)Rede(Brazil)PagSeguro(Brazil)PrismaMediosdePago(Argentina)Getnet(Brazil)StoneCo(Brazil)Other353025201510502017201820192020202139Description:ThebiggestmerchantacquirersinLatinAmericalargelycomefromBrazil,withthreeprocessorsconsistentlyprocessingthemostcardpaymentsacrosstheregion.Thethreecompanies-Cielo,Rede,andGetnet-arejoinedbyseveralPagSeguroandStoneCoinarankingthatdisplaysafractionof45differentbanksand/orprivatecompanieswithabankinglicensethatenablecardpaymentsformerchants.ItisnotsurprisingthatmostoftheseacquirersarefromBrazil.Thecountryhasthe[...]

ReadmoreNote(s):Argentina,Brazil,Chile,Mexico,LAC;October2022;VisaandMastercardtransactionsonly;Figuresincludecredit,debit,andprepaidcardsSource(s):TheNilsonReportBrandswiththehighestnumberofA2ApaymentstransactionspermonthinLatinAmericain2023(inmillions)BiggestA2ApaymentsbrandsinLatinAmericain2023,basedonnumberoftransactionsMonthlytransactioncountinmillions1,500

2,00005001,0002,5003,0003,500Pix(Brazil)Yape(Peru)3,238.79220PSE(Colombia)

51PLIN(Peru)

20MACH(Chile)CoDi(Mexico)40Description:ThenumberofmonthlytransactionsperformedwithBrazil'sPixweresignific