General information

Population

18.1M

Online population

15.2M

Currency

USD

Market overview

Population - 18.1M

At the start of 2024, 64.9% of Ecuador’s population lived in urban centres, while 35.1% lived in rural areas.

Internet penetration - 83.6%

There were 15.2M internet users in Ecuador at the start of 2024.

FinTech Outlook: Trends, Insight & Technology

As for 2023, there were 93 FinTechs in Ecuador.

Banks

There are 24 banks operating in Ecuador.

Digital banks