Market consolidation, increased durability and foreign investment and increased durability were hallmarks of Peru’s maturing fintech ecosystem in 2024. Meanwhile, a focus on financial inclusion, collaboration with the banking sector and advancing technological adoption are driving continued financial services improvements for Peruvian consumers. For detailed insights into this increasingly sophisticated market, Galileo and Mastercard have partnered with Finnovista on the newest Fintech Radar Peru report. Topics the report covers in-depth include:

• The statistics behind a transforming Peruvian fintech ecosystem

• The hottest verticals and market segments

• Key trends and developments that are shaping Peru’s fintech future

Disclosure: This blog references findings from the 2024 Finnovista Fintech Radars, which analyze fintech growth and trends in Latin America. The reports cover survey data from fintechs in Chile, Colombia, Peru, Argentina, and Mexico (2025), with around 200 participants per market on average. Results reflect the views of participants and may not represent all Latin American fintechs. For methodology details, contact fintech.radar@finnosummit.com.