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The Unicorns of Latin America — March 2026

Last updated on 25 March 2026·Latin America

These are the tech unicorns of Latin America

There are now over 50 tech companies in 🌎 Latin America valuaed above $1B. The majority of them operate in fintech and payments.

The majority of LatAm's unicorns come from 🇧🇷 Brazil, but the most valuable private company in the region is 🇨🇴 Colombian - Rappi, valued at over $5B and rumored to go public multiple times already.

Most unicorns in LatAm were minted during the 2020-2022 ZIRP-era, and their $1B+ 'paper' valuations are already a few years old. Liquidity remains to be seen, as very few IPOs and acquisitions have happened to date.

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1	MercadoLibre	🇦🇷	$88.3B	$31.1B	2.8x	📈 Public
2	Nubank	🇧🇷	$72.7B	$17.0B	4.3x	📈 Public
3	WEG SA	🇧🇷	$39.8B	$8.0B	5.0x	📈 Public
4	XP Investimentos	🇧🇷	$10.2B	$3.6B	2.8x	📈 Public
5	Rappi	🇨🇴	$5.3B	$1.4B	3.8x	🚀 Private
6	QuintoAndar	🇧🇷	$5.1B			🚀 Private
7	C6 Bank	🇧🇷	$5.0B	$1.7B	2.9x	🚀 Private
8	StoneCo	🇧🇷	$4.5B	$2.7B	1.6x	📈 Public
9	TOTVS	🇧🇷	$4.2B	$1.2B	3.6x	📈 Public
10	Banco Inter	🇧🇷	$3.6B	$1.7B	2.1x	📈 Public
11	dLocal	🇺🇾	$3.6B	$1.2B	3.1x	📈 Public
12	PagSeguro	🇧🇷	$3.1B	$3.9B	0.8x	📈 Public
13	NuvemShop	🇧🇷	$3.1B			🚀 Private
14	Plata	🇲🇽	$3.1B	$0.6B	5.2x	🚀 Private
15	Wildlife Studios	🇧🇷	$3.0B			🚀 Private
16	Ualá	🇦🇷	$2.8B			🚀 Private
17	Unico	🇧🇷	$2.6B			🚀 Private
18	Gympass	🇧🇷	$2.4B			🚀 Private
19	Bitso	🇲🇽	$2.2B			🚀 Private
20	Kavak	🇲🇽	$2.2B			🚀 Private
21	Loft	🇧🇷	$2.2B			🚀 Private
22	Cloudwalk	🇧🇷	$2.1B			🚀 Private
23	Mercado Bitcoin	🇧🇷	$2.1B			🚀 Private
24	Clip	🇲🇽	$2.0B			🚀 Private
25	Loggi	🇧🇷	$2.0B			🚀 Private
26	Pluxee	🇧🇷	$1.8B	$1.5B	1.2x	📈 Public
27	Creditas	🇧🇷	$1.8B			🚀 Private
28	Neon	🇧🇷	$1.6B			🚀 Private
29	Dock	🇧🇷	$1.5B			🚀 Private
30	Kushki	🇪🇨	$1.5B			🚀 Private
31	NotCo	🇨🇱	$1.5B			🚀 Private
32	Olist	🇧🇷	$1.5B			🚀 Private
33	Prisma	🇦🇷	$1.4B			🚀 Private
34	Konfio	🇲🇽	$1.3B			🚀 Private
35	Entel	🇨🇱	$1.3B	$3.5B	0.4x	📈 Public
36	Incode	🇲🇽	$1.3B			🚀 Private
37	Afya	🇧🇷	$1.2B	$0.7B	1.7x	📈 Public
38	Merama	🇲🇽	$1.2B			🚀 Private
39	Stori	🇲🇽	$1.2B			🚀 Private
40	Nowports	🇲🇽	$1.1B			🚀 Private
41	Betterfly	🇨🇱	$1.0B			🚀 Private
42	Clara	🇲🇽	$1.0B			🚀 Private
43	Ebanx	🇧🇷	$1.0B			🚀 Private
44	Habi	🇨🇴	$1.0B			🚀 Private
45	MadeiraMadeira	🇧🇷	$1.0B			🚀 Private
46	Movile	🇧🇷	$1.0B			🚀 Private
47	QI Tech	🇧🇷	$1.0B			🚀 Private
48	Frete.com	🇧🇷	$1.0B			🚀 Private
49	Hotmart	🇧🇷	$1.0B			🚀 Private