Mexico has established itself as the primary entry point for fintech companies serious about expanding in Latin America, moving beyond a "future market" to a present-day hub where capital, infrastructure, and talent converge.

The country's financial landscape is powered by a massive remittance market, which grew 8.7% to reach $71.26 billion in 2024. This significant capital flow provides a robust foundation for financial innovation and service delivery.

Supporting this growth is a vibrant ecosystem comprising 773 active fintechs and a community of over 600 developers, according to the 2025 Fintech Radar Mexico report. This activity places Mexico's fintech industry in a "scale-up mode," rapidly closing the gap with Brazil, the region's traditional leader. This maturation is further evidenced by a high degree of collaboration, with 75% of fintechs working with or open to partnerships with traditional financial institutions, indicating a move toward a more integrated and scalable financial system.