Mexico’s fintech sector is experiencing rapid growth, with over 70 million users in 2024 and projections indicating the number will reach 86 million users by 2027 (Mexico Business News, 2024). This expansion is driven by a 20% annual growth rate and increased internet penetration, with more than 81% of the population now accessing digital financial services. In this environment, fintech companies in Mexico are driving innovation, financial inclusion, and transforming how people and businesses interact with money.

This article highlights ten standout companies leading the charge into 2025.

Clara: Leading Corporate Fintech Expansion in Latin America

Clara has emerged as a frontrunner among financial technology firms in Mexico, offering corporate credit cards and expense management solutions tailored for businesses across Latin America. With a focus on real-time spend management and rapid regional expansion, Clara was recognized as the second fastest-growing company in the Americas by the Financial Times in 2023 and valued at over $1 billion as of 2023.

Clara’s unicorn status and strategic growth underscore the potential for fintechs to transform corporate finance in the region.

Clara’s journey—expanding operations to Brazil and Colombia—demonstrates how leading Mexican fintech startups in 2025 are scaling solutions beyond their home markets. For businesses seeking streamlined payment solutions, Clara’s approach is setting new standards in efficiency.

In the context of “corporate credit cards and expense management solutions,” readers can explore Mural Pay’s Payments page for additional insights into advanced payment infrastructure.

Bitso: Powering Crypto Adoption and Cross-Border Payments

Bitso continues to lead the way among innovative fintech startups in Mexico as the region’s premier cryptocurrency exchange. As of December 2024, Bitso’s Retail division surpassed 9 million global users, tripling its customer base in just three years (Crowdfund Insider, 2025). Bitso Business further reported more than $12 billion in transactions during 2024—a 90% year-over-year growth (Finextra, 2025).

Felipe Vallejo, Bitso’s Global Director of Corporate Affairs, notes, "We are witnessing unprecedented adoption levels and diverse use cases that cater to varying risk appetites and financial objectives."

Bitso enables secure international remittances, making cross-border payments more accessible for individuals and businesses across Latin America.

For readers interested in cross-border digital currency movement, check out Mural Pay’s Currency Conversion page for related solutions.

Konfio: Data-Driven Lending for Mexican SMEs

Konfio specializes in providing digital banking and lending solutions designed to empower small and medium-sized enterprises (SMEs) throughout Mexico. Leveraging proprietary data-driven credit assessment and rapid loan approval, the company has simplified access to working capital and corporate credit cards for businesses that have historically been underserved.

Konfio’s recent acquisition by Nubank marks a new chapter for SME credit solutions in the Mexican market.

This strategic move highlights the importance of fintech innovation in Mexico’s lending sector and the increasing integration of digital banking models.

Konfio also targets businesses often overlooked by traditional banks.

For those interested in modern financial operations, Mural Pay’s Invoicing page offers further insights into invoicing and credit support.

Stori: Expanding Access to Credit for the Underbanked

Stori is dedicated to improving financial inclusion in Mexico by offering accessible credit products—primarily credit cards—to individuals with limited access to conventional banking. Its expansion into Colombia, supported by a $100 million investment, illustrates the cross-border ambitions of leading Mexican fintechs.

With a focus on accessible credit-building tools and no annual fees, Stori helps users build credit more flexibly.

This opens new avenues for underbanked consumers to participate in the financial system.

For more on how inclusive payment solutions are shaping the market, see Mural Pay’s Bill Pay page.

Clip: Digital Payments for a Cash-Heavy Economy

Clip has become a cornerstone for Mexican businesses seeking to transition from cash to digital payments in a country where 90% of the population still relies on cash transactions. While specific data on Clip’s business adoption is not public, broader trends underscore the shift: in 2023, SPEI processed more than 3.8 billion transactions worth almost USD 25.7 billion, and digital wallets are projected to account for 17% of point-of-sale payments by 2027 (The Paypers, 2024).

By providing user-friendly digital payment terminals, Clip supports both merchants and consumers in adopting digital finance.

Businesses looking to explore digital payment solutions can learn more on Mural Pay’s Payments page.

Sinecta: AI-Powered Risk Management for Agriculture

Sinecta stands out for its application of AI in the agricultural finance sector. The company’s technology allows for real-time risk monitoring, using AI to calculate agricultural risk and diversify fintech innovation beyond banking—a breakthrough that won it the Insurtech Pitch OFF 2025 competition at Fintech Americas.

By addressing risk in agrofinance, Sinecta demonstrates how fintech innovation in Mexico in 2025 is reaching new industries outside traditional banking.

For a deeper look at how AI and digital assets are transforming business operations, see Mural Pay’s blog post on stablecoin use cases.

Tala: Microloans and Gender Inclusion at Scale

Tala’s microloan platform has made a substantial impact on financial inclusion and gender equity. As of 2025, the company serves more than three million clients in Mexico, with women constituting 50% of its lending portfolio and the company being recognized as one of Newsweek’s Greatest Workplaces for Women in 2024 (Practice Guides Chambers, 2025).

Tala’s success highlights the power of fintechs to drive positive social change alongside financial innovation.

For more on how microloans are supporting underserved populations, visit Mural Pay’s blog on financial inclusion for Mexican SMEs.

Policy, Regulation & Trends: What’s Next for Mexican Fintech?

Mexican fintech regulation remains a dynamic landscape, with the 2018 Fintech Law regarded as a pioneering framework in Latin America but now viewed as in need of modernization. In 2024, authorizations under the Fintech Law dropped from 30 the previous year to only nine, reflecting tighter compliance scrutiny and a push for profitability (Practice Guides Chambers, 2025).

This decline was mainly driven by low revenue generation in certain models and the high cost of regulatory compliance.

Meanwhile, the delayed rollout of open banking regulations continues to be a major talking point within the industry.

As fintech investment matures and AI adoption accelerates, the sector is poised for both challenges and opportunities.

To learn more about compliance and best practices, read Mural Pay’s blog on Mexico’s stablecoin API compliance.

Financial Inclusion: Challenges and Opportunities

Despite rapid growth, financial inclusion remains a central challenge in Mexico. Fewer than 70% of Mexican adults have a bank account, meaning that over 30% remain unbanked, and more than 50% of Mexican companies have never applied for a loan (Practice Guides Chambers, 2025).

This persistent gap highlights the critical role fintechs play in bridging access to essential financial services.

By leveraging digital tools, Mexican fintech innovation in 2025 is uniquely positioned to close the financial inclusion gap and empower underserved communities.

For more, see Mural Pay’s blog on global stablecoin accounts for Mexican SMEs.

The Road Ahead: Mexico’s Role in Global Fintech

As the sector matures, industry leaders are optimistic about Mexico’s potential as a digital finance hub. Felipe Vallejo, Global Director of Corporate Affairs at Bitso, observes, “We are witnessing unprecedented adoption levels and diverse use cases that cater to varying risk appetites and financial objectives.” Meanwhile, the National Digital Finance Strategy aims to consolidate Mexico’s leadership in Latin America through collaboration and regulatory innovation, with a goal of making Mexico the regional digital financial hub by 2030.

In 2025 and beyond, fintech companies in Mexico will continue to set the pace for regional and global transformation.

For more on Mexico’s digital finance ambitions and cross-border innovation, read Mural Pay’s blog on Mexico-Colombia FX and stablecoin corridors.

References

• Crowdfund Insider. (2025, January). LatAm-based Bitso Retail Division Surpasses 9 Million Users. https://www.crowdfundinsider.com/2025/01/234785-latam-based-bitso-retail-division-surpasses-9-million-users/

• Finextra. (2025). Bitso Surpasses $12 Billion in Transactions in 2024. https://www.finextra.com/pressarticle/103639/bitso-surpasses-12-billion-in-transactions-in-2024

• Mexico Business News. (2024). Mexico’s Fintech Sector Projects 86 Million Users by 2027. https://mexicobusiness.news/finance/news/mexicos-fintech-sector-projects-86-million-users-2027

• Practice Guides Chambers. (2025). Fintech 2025 – Mexico: Trends and Developments. https://practiceguides.chambers.com/practice-guides/fintech-2025/mexico/trends-and-developments

• The Paypers. (2024). Mexico 2024: Analysis of Payments and Ecommerce Trends. https://thepaypers.com/expert-opinion/mexico-2024-analysis-of-payments-and-ecommerce-trends--1270458