AI adoption in the fintech industry in Mexico 2021-2023

Published by Statista Research Department, Apr 17, 2024

The share of local fintech businesses in Mexico implementing artificial intelligence (AI) and machine learning (ML) increased sharply between 2021 and 2023. In just over three years, the share of fintechs utilizing these techs rose from 28 percent to 52 percent. 

Share of local fintechs implementing artificial intelligence (AI) and machine learning (ML) in Mexico from 2021 to 2023

CharacteristicShare of fintechs
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Showing entries 1 to 3 (3 entries in total)
Statistic: Share of local fintechs implementing artificial intelligence (AI) and machine learning (ML) in Mexico from 2021 to 2023

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Source

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Release date

February 2024

Region

Mexico

Survey time period

2021 to 2023

Number of respondents

380 respondents

Supplementary notes

Figures refer to local fintech companies. The source defines fintech as a startup offering financial solutions with the capability of offering a 100 percent digital customer journey. 

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