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On-demand delivery and financial services for Latin America.
iFood is a prominent online food ordering and delivery platform based in São Paulo, Brazil, founded in 2011. It holds over 80% market share in the Brazilian food delivery sector and connects customers with a vast network of more than 300,000 restaurants through its mobile app and website. The company employs around 5,000 people and reported revenues of approximately $1.6 billion. In addition to food delivery, iFood has expanded its services to include grocery delivery through iFood Mercado, which has grown significantly since its launch in 2019. The platform now handles millions of grocery orders from thousands of stores across numerous cities. iFood utilizes advanced logistics and technology to enhance delivery efficiency and customer satisfaction, solidifying its leadership in the competitive Brazilian market. The company serves a diverse customer base, including individual consumers and food service providers, and is actively engaged in sustainability initiatives.
QuintoAndar is a prominent Brazilian technology company and the largest housing platform in Latin America, established in 2012 and based in São Paulo. The company aims to modernize the real estate market by providing a fully digital platform that connects property owners, tenants, brokers, and agents, simplifying the processes of renting and buying homes. The platform enhances the rental and sales experience by removing common barriers such as guarantors and security deposits. It offers transparent pricing that includes all relevant fees and enables remote contract negotiations through digital signatures. QuintoAndar manages over 120,000 rental units and facilitates more than 10,000 sales annually. Additionally, it provides financial services through QuintoCred, which includes rental guarantees to support home acquisition. QuintoAndar has raised over $755 million in funding and is valued at approximately $5.1 billion, making it the highest-valued proptech company in Latin America. The company employs over 3,500 people and operates as part of Grupo QuintoAndar, which encompasses various real estate brands across six countries.
Plata Card is a Mexican fintech company and digital bank founded in 2022, dedicated to transforming financial services in Mexico. The company focuses on simplifying access to credit and financial products for underserved populations, emphasizing inclusivity and personalized service. With a team of over 700 employees, Plata Card has quickly grown to serve over one million active credit card users. Plata Card offers a range of services, including credit cards backed by MasterCard, a competitive cashback program of up to 15%, and Buy Now, Pay Later (BNPL) options that allow customers to extend payment cycles. The company’s digital banking platform utilizes artificial intelligence to provide a user-friendly and reliable financial experience. Recognized as a fintech unicorn, Plata Card has raised significant capital and aims to become the primary financial relationship for Mexican consumers by delivering accessible and secure financial products.
Bitso is the largest cryptocurrency platform in Latin America, founded in 2014 and based in Mexico City. With over 8 million users and more than 1,700 institutional clients across Mexico, Argentina, Brazil, and Colombia, Bitso has established itself as a trusted leader in the region. The company achieved a valuation of $2.2 billion after a successful $250 million Series C funding round. Bitso provides a comprehensive ecosystem for buying, selling, and trading cryptocurrencies, supporting bitcoin and at least eight other digital currencies. Its offerings include solutions for remittances, payments, trading, and treasury management, catering to retail users, traders, businesses, and institutional clients. Bitso Business offers stablecoin-powered solutions for cross-border payments and treasury management, with automation tools available through API integration. The company prioritizes security, implementing advanced protections and collaborating with partners to ensure a secure platform for its users. Bitso aims to bridge traditional finance and cryptocurrencies, making digital assets accessible and reliable for all investors and businesses in Latin America.
Kushki is a fintech company founded in 2016 and based in Quito, Ecuador. It specializes in payment technology solutions for businesses throughout Latin America. As a regional non-banking acquirer, Kushki offers a comprehensive payments ecosystem that enables companies to process digital transactions securely and efficiently. The company provides a variety of payment solutions, including online payments, mobile payments, and point-of-sale transactions. Its platform supports multiple payment methods such as credit and debit cards, digital wallets, bank transfers, and cash payments. Kushki emphasizes an omnichannel approach, allowing businesses to unify their payment processes across different channels and countries in the region. Key features include secure online payment integrations, adaptable point-of-sale solutions, fraud prevention using machine learning, and a centralized management console for transaction oversight. Kushki targets e-commerce merchants, retailers, and large enterprises, helping them streamline their payment operations and expand their reach in the digital economy.
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Liberty Latin America Ltd. is a prominent telecommunications company based in Hamilton, Bermuda. It provides a wide range of connectivity services, including fixed, mobile, and subsea solutions, across more than 20 countries in Latin America and the Caribbean. The company operates through various segments, such as C&W Caribbean, C&W Panama, Liberty Networks, Liberty Puerto Rico, and Liberty Costa Rica, employing around 10,000 people. The company offers a diverse portfolio of communications and entertainment services for both residential and business customers. This includes video and broadband internet, fixed-line telephony, mobile services, and enterprise-grade connectivity solutions. Liberty Latin America also maintains a robust subsea and terrestrial fiber optic cable network, connecting approximately 30 regional markets. Its services are marketed under several brands, including C&W Business, Liberty Networks, and Flow.
Alicorp is the largest consumer goods company in Peru, with a strong presence across Latin America, including countries like Argentina, Brazil, and Colombia. Founded in 1956, the company has evolved from its origins as an oil and soap manufacturer to a diverse enterprise with operations in packaged foods, personal care, and industrial products. Headquartered in Callao, Lima, Alicorp employs around 9,000 people and generates approximately $2 billion in revenue. The company operates four main business segments, offering over 150 brands. Its consumer products include a variety of food items such as pasta, sauces, and edible oils, as well as personal and home care products. Alicorp also provides B2B products like industrial flour and food service items, alongside aquafeed for fish and shrimp. With a market leadership position in multiple categories, Alicorp utilizes an extensive distribution network to reach consumers, retailers, and industrial clients throughout its markets.
Coca-Cola FEMSA is the largest public bottler of Coca-Cola products globally and a prominent beverage company in Latin America and parts of Asia. Established in 1991 as a joint venture between FEMSA and The Coca-Cola Company, it has grown significantly since its inception. The company is headquartered in Mexico City and employs approximately 80,447 people, serving over 270 million consumers. Coca-Cola FEMSA produces, markets, sells, and distributes a wide range of beverages, including sparkling drinks, non-carbonated beverages, and alcoholic options like Topo Chico Hard Seltzer. The company boasts a portfolio of 134 brands and has established distribution agreements for products such as Monster energy drinks. Committed to social responsibility, Coca-Cola FEMSA invests in sustainability initiatives and community support, including microcredit programs and renewable energy projects. Its strategic acquisitions have expanded its reach across multiple countries, solidifying its position in the global beverage market.
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Clara is a Latin American company that specializes in end-to-end spend management solutions. Its platform helps businesses control and optimize expenses efficiently through a corporate credit card and management system. Clara offers a digital account for easy fund transfers, credit limit adjustments, and earning yields on balances. The platform features an AI agent that analyzes company data, answers queries, and generates detailed reports with actionable insights. Clara automates expense policy enforcement, ensuring compliance without manual effort. Key offerings include customizable corporate credit cards, expense policy automation, tax compliance tools, and operational efficiency features. The company is trusted by over 20,000 businesses in Latin America, providing a secure and modern financial management experience. Clara holds PCI-DSS 4.0 and ISO 27001 certifications, ensuring high security for its users.
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