Market Share of Latin America Neo Banking Industry
The Latin America neo banking market is slightly fragmented but Interms of market share few of the major players currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets. In addition to the success of emerging start-ups, super-app models and platform fintechs created by big tech companies such as Google or Facebook as well as local platforms like Colombia's Rappi are grabbing an increasing share of the market.
Latin America Neo Banking Market Leaders
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Albo
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Uala
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Nubank
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Banco Original
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Klar
*Disclaimer: Major Players sorted in no particular order