Mexico kicks off 2023 with 650 companies identified in the Fintech ecosystem and positive expectations from entrepreneurs, who ex- pect to exceed the growth in sales of 2021 and 2022.

Every year, Finnovista undertakes the task of studying the panorama of the Fintech industry in the different countries of Latin America. On this occasion, and by the hand of Mastercard, we present the new edition of Finnovista Fintech Radar Mexico 2023.

The first section of this report describes the current characteristics of the Fintech ecosystem in Mexico, comprised by startups that were founded and operate in the country. The second section of the report describes the Fintech market in Mexico, which includes both onshore and offshore companies ope- rating in the country. Finally, the third section of the document analyzes venture capital invest- ment at the regional, Fintech industry and Mexico levels.