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Together, LatAm and African Digital Markets to Surpass $1trillion in Total Value by 2026 Finds EBANX

The Fintech Times

EBANX , the payments solutions provider, has published a study on digital markets and payments in rising economies as it finds both the digital markets of Latin America (LatAm) and Africa are set to surpass $1trillion in total value by 2026. And payments have been the backbone of this growth,” she added.

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India to lead worldwide consumer growth with 31% of new consumers; digital economy to surpass US$1 trillion in LatAm and Africa

Fintech Finance

Over half of the population in these regions already embraces digital payments, positioning them as central to economic growth and consumer access. In addition to the demographic and economic push, rising economies largely benefit from digitization,” states Paula Bellizia, President of Global Payments at EBANX.