Invisible Giant
In one generation, a bank account in Latin America stopped being a privilege.
In one generation, a bank account in Latin America stopped being a privilege.
In 2011, fewer than four in ten adults across the region held any financial account. By 2024, it was seven in ten. Peru's climb is the sharpest of the set - from one in five adults to nearly six in ten. Brazil now sits above eight in ten, carried by an instant-payment layer that reached people the branch network never did.
The account came first, and everything else is being built on top of it.
This is the base layer a continent's digital economy now runs on.