Key LatAm FinTech investment stats in Q1 2026:
- LatAm FinTech funding surged by 64% YoY in Q1
- Brazil firms raked in 40% of the top 10 deals as the country dominated the LatAm FinTech marketplace
- Pomelo, a payments infrastructure provider enabling embedded finance firms and FinTechs to launch card and virtual account programmes across LatAm, raised $55m in a Series C round, marking one of the biggest LatAm FinTech deals of the quarter
LatAm FinTech funding surged by 64% YoY in Q1
LatAm FinTech investment in Q1 2026 reached $575.3m across 26 deals, representing a 64% increase in funding compared to the $351.6m raised across 27 deals in Q1 2025.
Deal volume remained broadly flat, dipping by just one transaction year-on-year, which means the rise in total capital raised was driven almost entirely by larger individual deal sizes rather than a broader expansion in transaction activity.
The average deal value climbed to $22.1m in Q1 2026, up from $13.0m in Q1 2025, suggesting that investors are concentrating capital into fewer but more substantial bets across the region, a pattern that points to growing confidence in the maturity of LatAm’s leading FinTech companies.
Brazil firms raked in 40% of the top 10 deals as the country dominated the LatAm FinTech marketplace
The country-level breakdown of the top 10 deals in Q1 2026 shows a degree of consolidation around the region’s most established markets, alongside some notable shifts in representation.
Brazil retained its position at the top of the table, accounting for four of the top 10 deals in both periods, confirming its continued dominance as the region’s primary FinTech hub.
Mexico and Argentina both featured across Q1 2025 and Q1 2026, though Argentina’s presence grew considerably, rising from one deal to three, reflecting the increasing scale of investment flowing into its FinTech sector.
Puerto Rico also maintained its place in both periods, albeit with its share of top deals reducing from two to one. El Salvador and Colombia, each of which secured a top 10 deal in Q1 2025, did not feature in Q1 2026, suggesting that capital at the larger end of the market is gravitating towards a narrower set of countries within the region.
Pomelo, a payments infrastructure provider enabling embedded finance firms and FinTechs to launch card and virtual account programmes across LatAm, raised $55m in a Series C round, marking one of the biggest LatAm FinTech deals of the quarter
The round was led by Kaszek and Insight Partners, with participation from Index Ventures, S32, Endeavor Catalyst, Monashees and TQ Ventures, bringing total capital raised since 2021 to $160m.
Buenos Aires-based Pomelo serves around 150 clients including Santander, BBVA, Bancolombia, Rappi, PicPay and Western Union, and has grown revenue by more than 3.5x over the past two years.
Proceeds will be used to strengthen its issuing and credit card solutions, expand its portfolio of globally scalable products and develop new business units, including a stablecoin-native global card offering alongside new tools for payment tokenisation and chargeback management.
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