Meet the Biggest Startup Unicorns in Latin America for 2025
The rise of these high-value startups marks the beginning of a new era of economic growth and technological progress in Latin America.
A lot of new and exciting companies are popping up all over Latin America, which is a fast-changing and dynamic place, and one of the continents on my travel list someday.
So, watching from afar, I see a lot of these Latam startup companies getting a lot of attention from big-name investors from all over the world. Also known as "unicorns," these billion-dollar-plus startups, are changing the region's economy for the better.
For example, look at Rappi. It started out as a simple delivery service in Colombia, but now it's a "super-app." It now does everything from delivering groceries to taking payments, and it has quickly spread throughout Latin America. Big investments, like those from SoftBank, have made it become the biggest startup in the Latam region.
Moving to Brazil, where there are more startup unicorns than the entire countries in the region put together, making it a big part of the startup scene in Latin America. For instance, QuintoAndar has changed the real estate market completely with its online rental service, which makes things much easier for both renters and landlords. Creditas is another Brazilian success story. It is a fintech company that gives loans backed by assets, and its value has gone up as it meets the need for credit in the region. Then there's Nuvemshop (also called Tiendanube), which has helped thousands of small and medium-sized businesses get online. Today, it has become a key part of the growing e-commerce market in the Latam region.
In Mexico, there are quite a number of unicorns, too. Kavak is changing the way people buy and sell used cars by giving them a safe and open place to do it. Bitso has become one of the most important cryptocurrency exchanges, making it easier to send money across borders and helping digital currencies become more popular in the area. And Clip helps businesses with their payments.
This Techloy infographic below shows the Latin America's biggest startups by valuation, as of August 2025.
These high-value startups are more than just numbers that look good. They're tackling local problems and creating possibilities in the region. They are making financial services easier to get, pushing digital progress, and making things like logistics and healthcare work better. They're also bringing in a lot of foreign investment, as seen in the infographic, which is leading to even more growth and new ideas.
Of course, things haven't always gone smoothly. These businesses have had to deal with changing markets, economic ups and downs, and complicated business rules. Some of them have had to let go of some employees to save costs, or just generally deal with the uncertain nature of running a startup. But they have been able to thrive because they are strong and creative.
Some of these Latin American startups are thinking about going public in the future to get even more money to grow. Their success is not only changing the economy of the region, but it is also encouraging a new generation of entrepreneurs to think big and come up with new ideas for Latin America and the rest of the world.
The rise of these high-value startups marks the beginning of a new era of economic growth and technological progress in Latin America, which could have huge effects on the region's future.
Ogbonda Chivumnovu
