The number of fintech startups in Brazil increased sharply between 2017 and 2023, despite a notable drop in 2023. In 2023, there were 722 active fintechs in Brazil, 49 less than in the previous year.
There were a total number of 2,373 venture capital, private equity and M&A deals in fintech in Europe, the Middle East and Africa in 2022, which was slightly lower than in 2021, but remain
