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The Full List of 10 Unicorn Startups in Mexico (2026)

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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

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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)
HeadquartersMexico City, Distrito Federal, Mexico
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 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)
HeadquartersMexico City, Distrito Federal, Mexico
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 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)
HeadquartersMexico City, Distrito Federal, Mexico
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 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)
HeadquartersMexico City, Distrito Federal, Mexico
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 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)
HeadquartersMexico City, Distrito Federal, Mexico
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 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)
HeadquartersMexico City, Distrito Federal, Mexico
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 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)
HeadquartersMexico City, Distrito Federal, Mexico
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

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)
HeadquartersMonterrey, Nuevo Leon, Mexico
Year Founded2018
FoundersAlfonso De los Rios, Maximiliano Casal
Funding Amount$242.6M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries C
Top InvestorsY 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
HeadquartersMexico City, Distrito Federal, Mexico
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 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
HeadquartersMexico City, Distrito Federal, Mexico
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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