Latin America: unicorn companies by market value 2019

Mercado Libre, the online marketplace headquartered in Argentina, was the most valued Latin American unicorn as of July 2019, with a market capitalization value of around 31.5 billion U.S. dollars. The presented graph includes a selection of startups and fintech companies based in Latin America, with their respective market value. Among them, there are five companies based in Brazil, of which PagSeguro is the one with the highest market cap, estimated at 13.3 billion U.S. dollars.

Leading unicorn companies based on market capitalization in Latin America in 2019

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Release date

July 2019


Central and South America, Mexico

Survey time period

As of July 8, 2019***

Supplementary notes

* Value converted from Brazilian reals to U.S. dollars based on July 9, 2019 exchange rates.
** Value equal or superior to one billion U.S. dollars. Data retrieved from Tecnolatinas Report.
*** This statistic was assembled using different sources with various dates of data collection and publication. The date of survey given is the date of access.

Data were retrieved from these links:
Mercado Libre
KIO Networks, Softtek and Crystal Lagoons

Figures have been rounded.

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Statistics on "Startups in Latin America"

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