Key LatAm FinTech investment stats in Q1 2026:
- LatAm FinTech deal activity dropped by 20% QoQ in Q1
- Brazilian firms completed 55% of all LatAm FinTech deals, reinforcing the country’s position as the main FinTech hub in the region
- Tapi, a payment processing infrastructure provider serving FinTechs, banks, retailers and businesses across LatAm, raised $27m in a Series B round, marking one of the biggest LatAm FinTech deals of the first quarter
LatAm FinTech deal activity dropped by 20% QoQ in Q1
LatAm FinTech companies raised $575.3m across 33 deals in Q1 2026, up 64% from $351.6m capital invested in Q1 2025 and 43% from $400.8m in Q4 2025.
Deal volume, however, fell 31% from 48 transactions in Q1 2025 and 20% from 41 in Q4 2025.
The combination of sharply higher funding and a contracting number of deals points to a meaningful increase in average deal size, suggesting that while fewer transactions were completed in Q1 2026, the capital committed to each was considerably larger than in prior periods.
Brazilian firms completed 55% of all LatAm FinTech deals, reinforcing the country’s position as the main FinTech hub in the region
Brazil retained its position as the dominant LatAm FinTech market by some distance in Q1 2026, being home to 18 transactions and a 55% share of total deal activity, broadly consistent with the 25 deals and 52% share it held in Q1 2025.
While its absolute deal count fell 28%, its proportional standing remained largely intact, underlining the country’s structural importance to the region’s FinTech ecosystem.
Colombia climbed from joint third place in Q1 2025, where it recorded three deals and a 6% share, to second in Q1 2026 with four deals and a 12% share, a modest rise in volume that nonetheless represented a meaningful gain in its share of a smaller overall market.
Argentina similarly moved up, matching Colombia with four deals and a 12% share in Q1 2026, having also recorded three deals and a 6% share in Q1 2025.
Mexico, which had held second place in Q1 2025 with eight deals and a 17% share, dropped out of the top three entirely, as did Puerto Rico, which had recorded three deals and a 6% share.
The exit of Mexico is the most notable shift, given its prior prominence, and its absence from the ranking points to a consolidation of regional activity around Brazil, Colombia and Argentina in the most recent quarter.
Tapi, a payment processing infrastructure provider serving FinTechs, banks, retailers and businesses across LatAm, raised $27m in a Series B round, marking one of the biggest LatAm FinTech deals of the first quarter
The round was led by Kaszek, with participation from Endeavor Catalyst and Latitud, bringing total funding to $60m since the company’s inception in 2022.
Argentina-based Tapi operates across Argentina, Chile, Peru, Colombia and Mexico, processing $6bn in volume through more than 250 million transactions a year and has grown revenue and transaction volume tenfold in under 18 months while reaching profitability.
The company acquired assets of Mastercard business unit Arcus in 2025 to strengthen its position in Mexico and proceeds from the Series B will be used to further develop its technology, deepen its Mexican operations and consolidate its regional leadership.
Keep up with all the latest FinTech research here
Copyright © 2026 FinTech Global
