Top-Valued Startups in Latin America: Discover the Region’s Biggest Players

In recent years, the emergence of public tech companies from Latin America has shifted from a far-fetched dream to a tangible reality, with several startups achieving billion-dollar valuations. This article explores the rise of Latin American unicorns, focusing on key players across various sectors such as fintech, e-commerce, health tech, and more.

Overview of Latin American Unicorns

The landscape of Latin American startups has evolved, showcasing a diverse array of companies that have garnered attention beyond their home nations. Notable among them is Nubank, which made waves by going public in the United States.

Unicorns Beyond Fintech

While many of these billion-dollar companies are rooted in finance technology, other sectors such as e-commerce, health tech, logistics, proptech, and SaaS also feature prominently. This diversification strengthens the overall ecosystem of startups in Latin America.

Key Latin American Unicorns by Valuation

Here’s a closer look at some of the top unicorns in the region, highlighting their valuations and contributions to the tech landscape:

• Rappi (2015): Valued at $5.25 billion in July 2021. This Colombian on-demand delivery platform has expanded its services across multiple countries and is preparing for an IPO after achieving break-even in late 2023.
• QuintoAndar (2012): Valued at $5.1 billion in August 2021. This Brazilian proptech company focuses on real estate rentals and sales and boasts a significant presence in six Latin American countries.
• Creditas (2012): Valued at $4.8 billion in January 2022. This fintech specializes in consumer loans and has seen significant growth since its earlier valuations.
• Nuvemshop (2011): Valued at $3.1 billion in August 2021. Known as Tiendanube in Spanish-speaking markets, this e-commerce platform is often referred to as “Latin America’s answer to Shopify.”
• Wildlife Studios (2011): Valued at approximately $3 billion in August 2020. This mobile gaming company has faced challenges but remains a key player in the industry.
• Loft (2018): Valued at $2.9 billion in April 2021. This digital real estate platform has experienced market fluctuations but continues to pursue growth.
• Unico (2007): Valued at $2.6 billion in April 2022. This ID tech startup is one of the largest SaaS companies in Latin America.
• C6 Bank (2018): Valued at $2.28 billion in December 2020. This digital bank has made significant strides within Brazil’s financial sector.
• Kavak (2016): Valued at $2.2 billion in April 2025. This e-commerce platform facilitates the buying and selling of used cars in Mexico.
• Bitso (2014): Valued at $2.2 billion in May 2021. This cryptocurrency exchange also aids in cross-border payments.
• CloudWalk (2013): Valued at $2.15 billion in November 2021. Known for its payment infrastructure, CloudWalk has reached profitability and significant revenue milestones.
• Clip (2012): Valued at $2 billion in June 2024. This fintech company offers POS devices and solutions for businesses.
• Loggi (2013): Valued at approximately $2 billion in March 2021. This logistics company is renowned for its last-mile delivery services.

The Future of Latin American Startups

The resilience of venture capital investment in Latin America hints at a bright future for these unicorns. As the tech ecosystem continues to grow, new contenders may emerge, reshaping the landscape. Stay informed as we keep this list updated with the latest developments in the region’s startup scene.

Read more about the rise of Latin American unicorns or explore our in-depth analysis of Latin American startups.