Key LatAm FinTech investment stats in H1 2025:
- LatAm FinTech deal activity dropped by 17% YoY in H1 2025
- Brazilian companies secured 42% of LatAm FinTech deals to cement the country’s status as the main FinTech hub in the region
- Klar, a Mexico-based FinTech offering app-based financial products for consumers and small businesses, secured one of the biggest LatAm FinTech deals during the first half of the year with a $190m Series C round
LatAm FinTech deal activity dropped by 17% YoY in H1 2025
In H1 2025, the LatAm FinTech industry saw a notable decline in both funding and deal activity compared to the previous year.
The sector recorded 83 funding rounds, a 17% decrease from the 100 deals completed in H1 2024.
FinTech companies raised $750m during the first six months of 2025, representing a 36% decline from the $1.2bn raised in H1 2024.
Compared to H2 2024, funding also fell sharply by 38%, while deal activity increased by 17% from the 71 transactions completed in that period.
This contraction in funding, despite a modest recovery in deal flow, highlights a more cautious investment environment for LatAm FinTech, with capital inflows continuing to tighten.
Brazilian companies secured 42% of LatAm FinTech deals to cement the country’s status as the main FinTech hub in the region
Brazil remained the most active FinTech market in LatAm, with 35 deals (42% share) in H1 2025, though this represents a 20% decrease from the 44 deals recorded in H1 2024.
Mexico followed with 18 deals (22% share), a 13% increase from 16 deals in the same period last year.
Chile ranked third with nine deals (11% share), replacing Colombia, which had completed 14 deals (14% share) in H1 2024.
Despite the overall decline in activity, Brazil and Mexico together continue to dominate the regional FinTech landscape, while Chile’s emergence in the top three underscores shifting investment trends within LatAm.
Klar, a Mexico-based FinTech offering app-based financial products for consumers and small businesses, secured one of the biggest LatAm FinTech deals during the first half of the year with a $190m Series C round
The funding round was led by General Atlantic, valuing the company at over $800m.
Positioned as a challenger to legacy institutions, Klar is leveraging AI and digital innovation to deliver lower-cost, accessible financial solutions in a market where cash is still used daily by more than 70% of adults but digital adoption is gaining momentum.
The fresh funding will accelerate product development and support Klar’s ambition to scale its digital-first offerings, tapping into the region’s growing demand for digital wallets and real-time payment solutions.
With plans for a potential IPO by 2026, Klar is emerging as a key player in reshaping financial access across Latin America, bridging gaps in formal financial services while capitalising on the rapid shift towards mobile-based transactions.
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