Market modeling estimates that BNPL transactions in Colombia would be about 33 percent higher in 2025 than in 2024. This is according to a market model released in the first quarter of 2025, which placed Colombia firmly behind Brazil and Mexico when it comes to buy now, pay later in Latin America. This despite the presence of Colombian BNPL provider Addi - listed by many as one of Latin America's most important fintech companies. Note that the source does not give further indications of what the figures provided here are based on. As buy now, pay later was unregulated in many countries across the world by early 2025, transaction figures on this payment method were scarce unless a domestic financial supervisor managed to request data from individual BNPL providers.
Estimated transaction value of buy now, pay later (BNPL) in Colombia in 2024, with forecasts for 2025 and 2030
(in million U.S. dollars)
Characteristic
BNPL transaction value in million U.S. dollars
Share against overall BNPL transaction value in Latin America (including Mexico)
Figures for Colombia equal a CAGR of 24.8 percent between 2025 and 2030
Supplementary notes
The source researched the following 5 countries within Latin America: Argentina, Brazil, Chile, Colombia, Mexico. The source placed Mexico within both "North America" as well as "Latin America". The source did not provide a regional figure for North America.
The source does not provide information on the original wording used or of its methodology. Thus, the wording chosen for this statistic may differ slightly.
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Statista. (April 22, 2025). Estimated transaction value of buy now, pay later (BNPL) in Colombia in 2024, with forecasts for 2025 and 2030 (in million U.S. dollars) [Graph]. In Statista. Retrieved May 05, 2025, from https://www.statista.com/statistics/1456107/bnpl-transaction-value-in-mexico/
Statista. "Estimated transaction value of buy now, pay later (BNPL) in Colombia in 2024, with forecasts for 2025 and 2030 (in million U.S. dollars)." Chart. April 22, 2025. Statista. Accessed May 05, 2025. https://www.statista.com/statistics/1456107/bnpl-transaction-value-in-mexico/
Statista. (2025). Estimated transaction value of buy now, pay later (BNPL) in Colombia in 2024, with forecasts for 2025 and 2030 (in million U.S. dollars). Statista. Statista Inc.. Accessed: May 05, 2025. https://www.statista.com/statistics/1456107/bnpl-transaction-value-in-mexico/
Statista. "Estimated Transaction Value of Buy Now, Pay Later (Bnpl) in Colombia in 2024, with Forecasts for 2025 and 2030 (in Million U.S. Dollars)." Statista, Statista Inc., 22 Apr 2025, https://www.statista.com/statistics/1456107/bnpl-transaction-value-in-mexico/
Statista, Estimated transaction value of buy now, pay later (BNPL) in Colombia in 2024, with forecasts for 2025 and 2030 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1456107/bnpl-transaction-value-in-mexico/ (last visited May 05, 2025)
Estimated transaction value of buy now, pay later (BNPL) in Colombia in 2024, with forecasts for 2025 and 2030 (in million U.S. dollars) [Graph], Statista, April 22, 2025. [Online]. Available: https://www.statista.com/statistics/1456107/bnpl-transaction-value-in-mexico/