1) Kavak
KAVAK is a fast-paced marketplace that enables car dealers and private sellers to communicate directly with serious buyers.
Details of the startup:
- Valuation: $8.70B (October 2020)
- City: Lerma de Villada
- Started in: 2016
- Founders: Carlos Julio Garcia, Roger Laughlin
- Industries: Automotive, E-Commerce, E-Commerce Platforms, Online Portals
- Number of employees: 1,000-5,000
- Funding: $1,188.00M
- Funding rounds: 6
- Number of investors: 24
You can find their website here.
2) Bitso
Bitso is a cryptocurrency trading platform that facilitates the purchase and sale of bitcoin and other cryptocurrencies.
Details of the startup:
- Valuation: $2.20B (May 2021)
- City: Mexico City
- Started in: 2014
- Founders: Ben Peters, Daniel Vogel, Pablo Gonzalez
- Industries: Bitcoin, Cryptocurrency, Financial Exchanges, FinTech
- Number of employees: 250-500
- Funding: $314.66M
- Funding rounds: 9
- Number of investors: 20
You can find their website here.
3) Clip
Clip is a payment terminal that enables businesses to accept all electronic payment methods with ease.
Details of the startup:
- Valuation: $2.00B (June 2021)
- City: Mexico City
- Started in: 2012
- Founders: Adolfo Babatz, Vilash Poovala
- Industries: E-Commerce, FinTech, Mobile, Mobile Payments, Payments
- Number of employees: 250-500
- Funding: $397.36M
- Funding rounds: 10
- Number of investors: 16
You can find their website here.
4) Konfio
Konfio provides digital banking, payments, and software tools designed to boost growth and productivity for small and mid-size enterprises.
Details of the startup:
- Valuation: $1.30B (September 2021)
- City: Mexico City
- Started in: 2013
- Founders: David Arana, Francisco Padilla
- Industries: Finance, Financial Services, FinTech, Lending, Software
- Number of employees: 250-500
- Funding: $824.59M
- Funding rounds: 11
- Number of investors: 17
You can find their website here.
5) stori
Stori Card is a digital platform dedicated to providing underserved customers with digital financial services.
Details of the startup:
- Valuation: $1.20B (July 2022)
- State: Distrito Federal
- City: Mexico City
- Started in: 2011
- Founders: Bin Chen, GY Liu, Manuel Medina, Marlene Garayzar, Nick Chen, Sherman He
- Industries: Apps, Financial Services, FinTech, Information Services, Information Technology
- Number of employees: 51-100
- Funding: $399.56M
- Funding rounds: 8
- Number of investors: 13
You can find their website here.
6) Merama
Merama is an e-commerce platform that partners with e-commerce product sellers.
Details of the startup:
- Valuation: $1.20B (December 2021)
- City: Lomas de Chapultepec
- Started in: 2020
- Founders: Felipe Delgado, Guilherme Nosralla, Olivier Scialom, Renato Andrade, Sujay Tyle
- Industries: Consumer Goods, E-Commerce, Finance, Retail
- Number of employees: 100-250
- Funding: $445.00M
- Funding rounds: 5
- Number of investors: 10
You can find their website here.
7) Nowports
Nowports is a digital freight forwarder that helps businesses automate their supply chain processes.
Details of the startup:
- Valuation: $1.10B (May 2022)
- State: Nuevo Leon
- City: Monterrey
- Started in: 2018
- Founders: Alfonso De los Rios, Maximiliano Casal
- Industries: Freight Service, Logistics, SaaS, Supply Chain Management
- Number of employees: 501-1000
- Funding: $242.60M
- Funding rounds: 6
- Number of investors: 25
You can find their website here.
8) Clara
Spend management from start to finish for Latin American businesses.
Details of the startup:
- Valuation: $1.00B (December 2021)
- City: Mexico City
- Started in: 2020
- Founders: Diego Garcia, Gerry Giacoman Colyer, Guilherme Penna
- Industries: B2B, Banking, Credit Cards, Enterprise Software, Payments
- Number of employees: 100-250
- Funding: $108.50M
- Funding rounds: 6
- Number of investors: 43
You can find their website here.