In 2020, fintech and e-commerce almost monopolized the market value of technology-based startups in Uruguay, with a combined total of 97 percent of the ecosystem value that year. Both industries also accounted for more than 60 percent of the tech startups' market value in Argentina and Brazil, with 85 percent and 69 percent, respectively.
Market share of e-commerce and fintech among startups in the tech industry in selected countries in Latin America as of 2020
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Inter-American Development Bank. (March 25, 2021). Market share of e-commerce and fintech among startups in the tech industry in selected countries in Latin America as of 2020 [Graph]. In Statista. Retrieved May 25, 2024, from https://www.statista.com/statistics/1227869/latin-america-market-share-startups-tech-industry-country/
Inter-American Development Bank. "Market share of e-commerce and fintech among startups in the tech industry in selected countries in Latin America as of 2020." Chart. March 25, 2021. Statista. Accessed May 25, 2024. https://www.statista.com/statistics/1227869/latin-america-market-share-startups-tech-industry-country/
Inter-American Development Bank. (2021). Market share of e-commerce and fintech among startups in the tech industry in selected countries in Latin America as of 2020. Statista. Statista Inc.. Accessed: May 25, 2024. https://www.statista.com/statistics/1227869/latin-america-market-share-startups-tech-industry-country/
Inter-American Development Bank. "Market Share of E-commerce and Fintech among Startups in The Tech Industry in Selected Countries in Latin America as of 2020." Statista, Statista Inc., 25 Mar 2021, https://www.statista.com/statistics/1227869/latin-america-market-share-startups-tech-industry-country/
Inter-American Development Bank, Market share of e-commerce and fintech among startups in the tech industry in selected countries in Latin America as of 2020 Statista, https://www.statista.com/statistics/1227869/latin-america-market-share-startups-tech-industry-country/ (last visited May 25, 2024)
Market share of e-commerce and fintech among startups in the tech industry in selected countries in Latin America as of 2020 [Graph], Inter-American Development Bank, March 25, 2021. [Online]. Available: https://www.statista.com/statistics/1227869/latin-america-market-share-startups-tech-industry-country/