Starting a new company is one of the areas with the highest score when analyzing the ease of doing business in Latin America. Getting credit or enforcing contracts may not be so easy for entrepreneurs, on the other hand. However, the number of unicorn companies that the region has produced in recent years is proof to the fact that the Latin American startup ecosystem is thriving, and not only within national borders. The most successful startup company in the region is the Brazilian challenger bank Nubank, valued at ten billion U.S. dollars. Only one other can rival such enormous capital – at least when it comes to attracting investments – and that startup is Colombian on-demand delivery platform, Rappi.
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In the following 6 chapters, you will quickly find the 40 most important statistics relating to "Startups in Latin America".