🏦 The Digital Battle in Colombia: Neobanks, Wallets and Competition in the Fintech Market
- Daniela Fonnegra
- 23 hours ago
- 8 min read
Colombia’s digital finance scene isn’t just a numbers game; it’s a marketing masterclass. A pyramid of more than 46 million digital banking users towers over the landscape, with Nequi and Daviplata dominating the base, Nu sprinting up the middle and newcomers like RappiPay, Lulo Bank, Ualá and soon Revolut vying for space at the top. The graphic above captures the scale and growth of each player — but numbers alone don’t tell the full story.