Exciting Tech Startups in Latin America 2025
Nov 19, 2024
Latin America is fast becoming a global hub for innovation and entrepreneurship. With its burgeoning tech ecosystem, a young and dynamic population, and increasing access to funding, the region is home to startups that are reshaping industries and solving real-world problems. From fintech and healthtech to AI and sustainability, Latin American startups are making waves on the global stage.
Here’s a closer look at some of the most exciting tech startups transforming the region and beyond.

Nubank
Brazilian fintech giant Nubank has revolutionized banking in Latin America by offering fee-free credit cards, personal loans, and a seamless digital experience.
Valuation: $41.5 billion (2021 IPO)
Fundraising: $2.547 billion across 20 funding rounds (investors include Berkshire Hathaway and SoftBank)
Employees: Over 6,000
Key Impact: Nubank serves over 85 million users in Brazil, Mexico, and Colombia, setting the standard for fintech innovation in the region.

Rappi
Colombian super-app Rappi offers services ranging from food delivery to financial products, becoming an integral part of daily life in several Latin American countries.
Valuation: $5.25 billion
Fundraising: Significant investments from SoftBank and other global firms
Employees: Over 5,000
Key Impact: Operating in nine countries, Rappi has redefined convenience and expanded its offerings to include groceries, services, and even cash delivery.

NotCo
Chilean food-tech company NotCo uses artificial intelligence to create plant-based alternatives that mimic animal-based products.
Valuation: $1.5 billion
Fundraising: Backed by investors like Jeff Bezos' Bezos Expeditions and Tiger Global
Employees: Approximately 500
Key Impact: NotCo is a leader in the plant-based food revolution, with products gaining traction in Latin America and the U.S.

Kavak
Mexican startup Kavak is transforming the used car market in Latin America with a trusted online platform for buying and selling vehicles.
Valuation: $8.7 billion (2021)
Fundraising: Over $1 billion (investors include SoftBank and Founders Fund)
Employees: More than 7,000
Key Impact: Kavak ensures transparency and convenience in car sales, with operations expanding to Brazil and Argentina.

Clip
Based in Mexico, Clip empowers small businesses with innovative payment solutions like portable card readers and a user-friendly app.
Valuation: $2 billion
Fundraising: Supported by SoftBank and General Atlantic
Employees: Over 1,000
Key Impact: Clip drives financial inclusion by making payment acceptance accessible and affordable in cash-heavy economies.

Tiendanube
Argentine startup Tiendanube helps small and medium-sized businesses build their online presence with an easy-to-use e-commerce platform.
Valuation: $3.1 billion
Fundraising: Substantial capital raised to democratize digital commerce
Employees: Over 600
Key Impact: Tiendanube supports merchants across multiple countries, driving the e-commerce boom in Latin America.

Ualá
Argentine fintech startup Ualá is driving financial inclusion with its mobile app and prepaid card.
Valuation: $2.45 billion (2021)
Fundraising: Backed by Tencent, SoftBank, and other global investors
Employees: Over 1,200
Key Impact: Ualá simplifies money management for millions of users, expanding into Mexico to reach broader audiences.

Satellogic
Argentine company Satellogic specializes in high-resolution Earth imaging, building and operating its own satellites.
Valuation: Not publicly disclosed
Fundraising: Backed by Tencent and SoftBank
Employees: Over 400
Key Impact: Satellogic’s technology supports agriculture, urban planning, and environmental monitoring globally.

Cornershop by Uber
Founded in Chile, Cornershop started as a grocery delivery app and expanded its reach after being acquired by Uber.
Valuation: Approximately $3 billion (after Uber acquisition)
Fundraising: Pre-acquisition investments from Accel and ALLVP
Employees: Over 1,000
Key Impact: Cornershop offers same-day delivery for a wide range of products, integrated seamlessly with Uber’s ecosystem.

Crehana
Peruvian edtech startup Crehana transforms education in Latin America with its online learning platform.
Valuation: Not publicly disclosed
Fundraising: Over $70 million raised for regional expansion
Employees: More than 500
Key Impact: Crehana equips professionals with skills to thrive in the digital economy, addressing the region’s skills gap.
A Region of Opportunity
The rise of these startups highlights the immense potential of Latin America’s tech ecosystem. As the region continues to attract global attention and investment, it’s clear that innovation and entrepreneurship are flourishing. These startups are not only solving local challenges but also making a significant impact on the global stage.
Latin America is proving itself as a hub for creativity, resilience, and technological expertise—qualities that are inspiring a new generation of entrepreneurs and reshaping industries worldwide.