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Welcome to Codat's global guide to the SMB market for fintechs & financial service providers
This interactive guide aims to help fintechs and financial service providers assess the SMB landscape across different territories, with a particular focus on understanding the most popular financial software used in each region.
You can now use the links below to see more information on each region
UK
Total number of SMBs: 5.5m Top eCommerce platform: Wix 26% Top accounting platform: QuickBooks 20.4% More info Canada
Total number of SMBs: 4.185m Top eCommerce platform: Shopify 28% Top accounting platform: QuickBooks Online 15% More info USA
Total number of SMBs: 32.5m Top eCommerce platform: Shopify 25% Top accounting platform: QuickBooks Desktop 26% More info Singapore
Total number of SMBs: 291,600 Top eCommerce platform: Wix 26% Top accounting platform: Xero 12% More info Australia
Total number of SMBs: 2.6m Top eCommerce platform: Shopify 25% Top accounting platform: MYOB 20% More info Germany
Total number of SMBs: 2.851m Top eCommerce platform: Shopify 20% Top accounting platform: Datev 14% More info The Netherlands
Total number of SMBs: 1.25m Top eCommerce platform: WooCommerce 22% Top accounting platform: Exact Online 14% View report France
Total number of SMBs: 3.08m Top eCommerce platform: Wix 28% Top accounting platform: ComptaCom 9% More info Spain
Total number of SMBs: 2.689m Top eCommerce platform: WooCommerce 27% Top accounting platform: ContaSol 9% More info Brazil
Total number of SMBs: 4.963m Top eCommerce platform: Wix 24% Top accounting platform: Conta Azul 6% More info Mexico
Total number of SMBs: 16.8m Top eCommerce platform: Wix 28% Top accounting platform: Contpaqi 12% More info South Africa
Total number of SMBs: 2.6m Top eCommerce platform: WooCommerce 55% Top accounting platform: FNB 28% More info