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ARTICLE · 02 FEBRUARY 2025

An Introduction To Fintech Legal

Chevez
Chevez
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Chevez

Chevez

CHEVEZ, founded in 1981, is a leading tax consulting and legal firm based in Mexico, with presence...

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It is undeniable that the fintech sector is continuously evolving, adapting to changes and incorporating new technologies to improve the user experience.

MexicoTechnology

It is undeniable that the fintech sector is continuously evolving, adapting to changes and incorporating new technologies to improve the user experience. This growth is not risk-free – it is especially prone to regulatory risks, since the growth is faster than the regulatory updates.

According to BCG's report "Reimagining the Future of Finance", it is estimated that the fintech sector, currently representing only 2% of global financial services revenue, will reach USD1.5 trillion in annual revenues by 2030, which will constitute almost 25% of all bank valuations worldwide.

Although the fintech sector in Mexico is at an early stage of development, it is the most dynamic in Latin America, having 773 fintech entities registered at the beginning of 2024, which are of great relevance in the market and responsible for generating many jobs. It is estimated that by 2027 there will be around 86 million registered users of fintech services.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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