Population
128M
100.6M
MXN
Population - 128M
Mexico takes the second place among countries in Latin America and the Caribbean in terms of population.
Internet penetration - 78.6%
There were 100.6M internet users in Mexico in January 2023.
Mexico does not only provide a marketable population, but also one willing and ready to benefit more from FinTech. Each consecutive year, the number of FinTech users in the country rises, and by 2023, nearly 69.7M people in Mexico will utilize such services.
FinTechs division by sectors:
<aside> 💡 Seven banks in Mexico (BBVA Bancomer, CitiBanamex, Santander, Banorte, HSBC, Inbursa, and Scotia Bank) **control 78% of the market share by total assets.
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