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The state of banking for the Latin American youth

Young adults in Latin America today enjoy more access to financial services than ever before. And, according to Mambu research, they’re loyal to their providers, too. But will they stay that way?

Check out the full report and dive deep into the minds of the future.

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There's an old saying that youth is wasted on the young.

Whoever believes such a thing these day needs to grow up.

In Latin America, youthful energy and optimism are driving financial inclusion via an enthusiastic embrace of technology, which in turn is driving more sustainable economic development.

LATAM Consumer Research

Have a sneak preview:

77%

of the total participants reported they use a traditional bank, while 28% reported that they use a neobank, and 18% said both.

Brazil

was the only country where preference for neobanks eclipsed that for traditional banks (46% used traditional banks as their primary provider compared to 54% using a neobank).