Fintech distribution in Colombia 2023, by revenue
In 2023, the vast majority of Colombian fintechs reported annual revenues of less than 500,000 U.S. dollars. Specifically, 55.9 percent of fintechs operating in the country fell within this revenue range. Another significant portion, comprising 28.7 percent of fintechs, reported annual revenues ranging from 500,000 to five million U.S. dollars. In contrast, 2.1 percent of fintechs reported revenues between 50 million and 300 million U.S. dollars for the same year.
