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The Full List of 9 Unicorn Startups in Mexico City (2026)

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Mexico City is home to nine unicorn startups, primarily in the fintech and retail sectors. The financial technology platform Plata reached a $3B valuation just two years after its founding.

The used car platform Kavak has attracted $2.9B in funding, showing significant investor interest in the local market. These companies highlight the city's growing influence in Latin America's tech landscape.

Below is the full list of 9 Mexico City unicorn startups at this time.

Top 9 Most Valuable Mexico City Unicorns

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Plata provides a credit card that comes with a customized rewards program, all managed through its fintech platform. Their service is built around a buy-now-pay-later model, giving users a modern way to access and manage credit.

Valuation$3B (Joined March 2025)
Year Founded2023
FoundersDanil Anisimov, Neri Tollardo
Funding Amount$685M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries B
Top InvestorsTelevisaUnivision, Fasanara Capital, Kora, Hedosophia, Spice Expeditions

Bitso runs a cryptocurrency exchange platform that allows users to buy, sell, and use digital currencies. They are a major FinTech company in Latin America, focused on providing accessible crypto-powered financial services to the region.

Valuation$2.2B (Joined May 2021)
Year Founded2014
FoundersBen Peters, Daniel Vogel, Pablo Gonzalez
Funding Amount$314.5M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries C
Top InvestorsBond, Paradigm, Coatue, Pantera Capital, QED Investors

Kavak operates an e-commerce platform that simplifies buying and selling pre-owned vehicles. Their service brings security and transparency to the used car market by providing comprehensive vehicle inspections and managing the financing process.

Valuation$2.2B (Joined October 2020)
Year Founded2016
FoundersCarlos Julio Garcia, Loreanne Garcia, Roger Laughlin
Funding Amount$2.9B
Company SizeEnterprise Organization (5,001+)
Last Funding StatusPrivate Equity
Top InvestorsGeneral Catalyst, Bond, HSBC, General Atlantic, QED Investors

Clip built a comprehensive digital payments and commerce platform specifically for the Mexican market. They provide businesses with point-of-sale hardware and software tools to accept all major payment methods.

Valuation$2B (Joined June 2021)
Year Founded2012
FoundersAdolfo Babatz, Vilash Poovala
Funding Amount$553.7M
Company SizeLarge Team (251-1,000)
Last Funding StatusVenture Round
Top InvestorsEndeavor Catalyst, Morgan Stanley, General Atlantic, 500 Global, HSBC

Konfio has built a digital platform that provides financial services and business tools for companies in Mexico. Their offerings include business credit, payment solutions, and a management platform to help small and medium-sized enterprises grow.

Valuation$1.3B (Joined September 2021)
Year Founded2013
FoundersDavid Arana, Francisco Padilla
Funding Amount$1.1B
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries E
Top InvestorsCiti, Lightrock, International Finance Corporation, Goldman Sachs, QED Investors

Merama acquires and partners with e-commerce brands across Latin America, providing the capital and expertise to scale their businesses. They specialize in helping digitally native companies grow through support in marketing, supply chain management, and international expansion.

Valuation$1.2B (Joined December 2021)
Year Founded2020
FoundersFelipe Delgado, Olivier Scialom, Olivier Scialom, Sujay Tyle
Funding Amount$743.5M
Company SizeLarge Team (251-1,000)
Last Funding StatusVenture Round
Top InvestorsJP Morgan, BroadLight Capital, Advent International, Balderton Capital, Citi

Stori provides credit card products aimed at expanding financial inclusion for underserved consumers in Mexico. Their service offers a pathway for individuals to access credit and build a financial history, often for the first time.

Valuation$1.2B (Joined July 2022)
Year Founded2019
FoundersGY Liu, Manuel Medina, Marlene Garayzar
Funding Amount$661.6M
Company SizeLarge Team (251-1,000)
Last Funding StatusVenture Round
Top InvestorsVision Plus Capital, Goodwater Capital, Lightspeed Venture Partners, Goldman Sachs, General Catalyst

Kapital builds a comprehensive financial platform for businesses in Latin America to manage their finances. Their all-in-one service integrates a business bank account, corporate credit cards, and expense management software.

Valuation$1B
Year Founded2020
FoundersArjun Sethi, Eder Echeverria, Fernando Sandoval, René Saul
Funding Amount$471.1M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries C
Top InvestorsTribe Capital, Cervin Ventures, Y Combinator, Alumni Ventures, Pioneer Fund

Grupo Axo partners with prominent international brands to bring fashion, accessories, and home goods to consumers in Mexico. They manage a large portfolio of brands through a network of physical retail stores and dedicated e-commerce sites.

Valuation$1B
Year Founded1994
FoundersAlberto Fasja Cohen
Funding Amount
Company SizeEnterprise Organization (5,001+)
Last Funding StatusPrivate Equity
Top InvestorsGeneral Atlantic, BlackRock Private Equity Partners

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