Value of deposits at digital banks in Brazil 2017-2023, with forecasts to 2029

Published by Statista Research Department, Jul 29, 2024

In 2023, the value of deposits held at digital banking institutions in Brazil exceeded 954 billion U.S. dollars, marking a notable increase compared to the previous years. According to Statista, the value of deposits held at digital banks will increase further in the following years, reaching 1.79 trillion U.S. dollars in 2029. 

Value of customer deposits at digital banks in Brazil from 2017 to 2023, with forecasts from 2024 to 2029 (in billion U.S. dollars)

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Supplementary notes

Data provided by Statista Market Insights are estimates.

Digital Banks refer to the emerging market for purely digital banks that offer financial services via online and mobile platforms. 

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