The Full List of 10 Unicorn Startups in Mexico (2026)
Mexico is home to 10 unicorn startups, with a strong concentration in the financial technology sector. Plata, a fintech company founded in 2023, has already achieved a $3B valuation.
The ecosystem also includes major players in other industries. The online automotive platform Kavak, for instance, has secured $2.9 billion in total funding.
Below is the full list of 10 Mexico unicorn startups at this time.
Top 10 Most Valuable Mexico Unicorns
Plata provides a credit card built on its buy-now-pay-later service. Their platform also includes a customized rewards program that offers users flexible payment and benefit options.
| Valuation | $3B (Joined March 2025) |
| Headquarters | Mexico City, Distrito Federal, Mexico |
| Year Founded | 2023 |
| Founders | Danil Anisimov, Neri Tollardo |
| Funding Amount | $685M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series B |
| Top Investors | TelevisaUnivision, Fasanara Capital, Kora, Hedosophia, Spice Expeditions |
Bitso builds and operates a cryptocurrency platform focused on making digital currencies accessible throughout Latin America. They provide a simple, secure exchange for users to buy, sell, and send a variety of cryptocurrencies.
| Valuation | $2.2B (Joined May 2021) |
| Headquarters | Mexico City, Distrito Federal, Mexico |
| Year Founded | 2014 |
| Founders | Ben Peters, Daniel Vogel, Pablo Gonzalez |
| Funding Amount | $314.5M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series C |
| Top Investors | Bond, Paradigm, Coatue, Pantera Capital, QED Investors |
Kavak has built an e-commerce platform for buying and selling pre-owned vehicles. They provide a secure, end-to-end experience by offering fully inspected cars and managing the entire transaction online.
| Valuation | $2.2B (Joined October 2020) |
| Headquarters | Mexico City, Distrito Federal, Mexico |
| Year Founded | 2016 |
| Founders | Carlos Julio Garcia, Loreanne Garcia, Roger Laughlin |
| Funding Amount | $2.9B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Private Equity |
| Top Investors | General Catalyst, Bond, HSBC, General Atlantic, QED Investors |
Clip builds a comprehensive digital payments and commerce platform for businesses in Mexico. They are best known for their simple point-of-sale card readers that allow any merchant to begin accepting digital and card-based payments.
| Valuation | $2B (Joined June 2021) |
| Headquarters | Mexico City, Distrito Federal, Mexico |
| Year Founded | 2012 |
| Founders | Adolfo Babatz, Vilash Poovala |
| Funding Amount | $553.7M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Endeavor Catalyst, Morgan Stanley, General Atlantic, 500 Global, HSBC |
Konfio has built an all-in-one financial platform that gives small and medium-sized businesses in Mexico access to credit and payment tools. Their technology streamlines everything from business loans to corporate credit cards, helping companies manage cash flow and fuel their expansion.
| Valuation | $1.3B (Joined September 2021) |
| Headquarters | Mexico City, Distrito Federal, Mexico |
| Year Founded | 2013 |
| Founders | David Arana, Francisco Padilla |
| Funding Amount | $1.1B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series E |
| Top Investors | Citi, Lightrock, International Finance Corporation, Goldman Sachs, QED Investors |
Merama partners with and acquires leading digitally native brands to accelerate their growth across Latin America. Their team provides capital and hands-on expertise to scale these e-commerce businesses.
| Valuation | $1.2B (Joined December 2021) |
| Headquarters | Mexico City, Distrito Federal, Mexico |
| Year Founded | 2020 |
| Founders | Felipe Delgado, Olivier Scialom, Olivier Scialom, Sujay Tyle |
| Funding Amount | $743.5M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | JP Morgan, BroadLight Capital, Advent International, Balderton Capital, Citi |
Stori offers a credit card and mobile app designed to expand financial access for underserved populations in Mexico. They provide a straightforward path to building credit for individuals who are often excluded from traditional banking systems.
| Valuation | $1.2B (Joined July 2022) |
| Headquarters | Mexico City, Distrito Federal, Mexico |
| Year Founded | 2019 |
| Founders | GY Liu, Manuel Medina, Marlene Garayzar |
| Funding Amount | $661.6M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Vision Plus Capital, Goodwater Capital, Lightspeed Venture Partners, Goldman Sachs, General Catalyst |
Nowports builds a digital platform that automates the supply chain process for companies moving freight internationally. They provide a centralized solution for businesses to track shipments, manage documents, and communicate with logistics partners.
| Valuation | $1.1B (Joined May 2022) |
| Headquarters | Monterrey, Nuevo Leon, Mexico |
| Year Founded | 2018 |
| Founders | Alfonso De los Rios, Maximiliano Casal |
| Funding Amount | $242.6M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series C |
| Top Investors | Y Combinator, Base10 Partners, Endeavor Catalyst, Foundation Capital, Tiger Global Management |
Kapital has built an all-in-one platform for businesses in Latin America to manage expenses and access financing. Their system integrates corporate credit cards with software to give companies real-time control over their spending and cash flow.
| Valuation | $1B |
| Headquarters | Mexico City, Distrito Federal, Mexico |
| Year Founded | 2020 |
| Founders | Arjun Sethi, Eder Echeverria, Fernando Sandoval, René Saul |
| Funding Amount | $471.1M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series C |
| Top Investors | Tribe Capital, Cervin Ventures, Y Combinator, Alumni Ventures, Pioneer Fund |
Grupo Axo operates a large portfolio of well-known fashion, beauty, and home goods brands across Mexico. They specialize in bringing global brands to the Mexican consumer through a network of physical stores and digital commerce platforms.
| Valuation | $1B |
| Headquarters | Mexico City, Distrito Federal, Mexico |
| Year Founded | 1994 |
| Founders | Alberto Fasja Cohen |
| Funding Amount | — |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Private Equity |
| Top Investors | General Atlantic, BlackRock Private Equity Partners |
